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Renanza Realty
For sale

1344/1346 KING Street E

Cambridge, Ontario

MLS® 40852814

$639,900

Status
Active
Property type
Multi-family
MLS® number
40852814
Bedrooms
2
Bathrooms
2
Year built

Listing description

Legal Duplex with Additional Bachelor Unit !!! 1344/1346 King Street offers an exceptional opportunity to get into the real estate market while generating rental income! This unique property features two semi-detached homes under one ownership currently being used as a duplex, plus a completely separate bachelor-style in-law suite, offering three self-contained living spaces with separate entrances.

Whether you're a first-time buyer looking to offset your mortgage by living in one unit and renting the others, an investor seeking strong income potential, or a multi-generational family needing flexible living arrangements, this property offers outstanding value. One side of the home features two private entrances, a carpet-free main floor, bright open-concept living area, spacious kitchen with abundant cabinetry, double sinks and a breakfast bar island. Upstairs are two bedrooms and a four-piece bathroom.

The second side also offers two separate entrances, a bright living room, modern kitchen with ample cabinetry and double sinks, main floor laundry with dinette, plus two bedrooms upstairs and a four-piece bathroom with tub/shower combination. The bonus bachelor-style in-law suite has its own private entrance, kitchenette and three-piece bathroom. It is currently rented but will be vacant at the end of August.

The left-side unit is currently vacant, providing immediate occupancy for an owner. Significant updates were completed several years ago. Conveniently located close to schools, shopping, transit and everyday amenities, with parking for up to 10 vehicles.

A rare opportunity to own a property that can help pay a substantial portion of your mortgage while building long-term wealth through real estate.

Property summary

MLS® number
40852814
Property type
Multi-family
Building type
Triplex
Square footage
2,000 sq ft
Title
Freehold
Annual property taxes
$4,495.00
Parking
10 spaces
Days on market
46 days

Features & details

Heating
Forced air, Natural gas
Cooling
None
Basement
Unfinished, Full
Exterior features
Vinyl siding
Community features
High Traffic Area, Community Centre

What would this home cost you?

Based on the $639,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,977 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Keller Williams Home Group Realty, Brokerage, Guelph.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.