$740,000
$769,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
1308 King ST E Cambridge, ON N3H 3R1
6 Beds
5 Baths
Key Details
Sold Price $740,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2000-2500
MLS Listing ID X12377752
Style 2-Storey
Bedrooms 6
Annual Tax Amount $5,202
Tax Year 2024
Property Sub-Type Triplex
Appx SqFt 2000-2500
Property Description
A unique opportunity in a fast-growing community. Whether you are looking for an income potential or multi-family living, this fabulous legal triplex located in the heart of Cambridge offers long term value. Looking to build your portfolio? This is an investors dream, this property checks all the boxes. Units are vacant! Property features three separate units, each featuring high ceilings, with its own character and charm. Each fully equipped with separate laundry, individual furnaces, and hydro meters, offering privacy and efficiency for tenants. On the main floor, you will find a cozy 1-bedroom, 1-bath unit. The second floor boasts a spacious 3-bedroom + den, 2-bath unit, perfect for larger families. The last unit has direct access from the back of the building, a well-appointed 2-bedroom, 2-bath unit that provides ample space and comfort. The property features high ceilings and large window, filling each unit with natural light. With parking for up to 5 cars and a transit access located at front of building. The property is ideally located with easy access to the 401 and the nearby airport, making it perfect for commuters and travelers. This is an excellent investment opportunity or a perfect chance to live in one unit while renting out the others. Don't miss out on this fantastic property in a prime location! The lower level offers exciting development potential for future growth and additional opportunities. Please check with the City for a future of development and possibilities with this property.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Kitchen 3
Interior
Cooling None
Exterior
Parking Features Right Of Way, Private, Available
Pool None
Roof Type Shingles,Asphalt Shingle
Building
Foundation Stone
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