Listed for:Listed Aug 1, 2026
$639,900

1346 King Street E

Cambridge (Preston Centre), ON N3H 3R1

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 1346 King Street E, Cambridge, Preston Centre

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1346 King Street E, Cambridge, Preston Centre

Summarized Description

  • Three self-contained living spaces with separate entrances
  • Great rental income potential for investors
  • Ideal for first-time buyers or multi-generational families
  • Bright open-concept living area in main units
  • Significant updates completed several years ago
  • Conveniently located near schools and shopping
  • Vacant unit available for immediate occupancy

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,495
Land Transfer Tax Fee
$9,273

Rental Items

Rental Equipment
Hot Water Heater
Under Contract
Hot Water Heater

Basement Type
Full, Unfinished

Interior Features

Interior Extras
Accessory Apartment, Guest Accommodations, In-Law Capability, In-Law Suite, Separate Heating Controls, Separate Hydro Meter
Security Features
Carbon Monoxide Detectors
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck, Landscaped, Porch, Porch Enclosed
Pool
None
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre
Other Structures
Shed

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
33.00 ft
Lot Depth
165.00 ft

Inclusions

Inclusions
Carbon Monoxide Detector

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
10
Total Garage And Parking Spaces
10

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
4
Washrooms
3
Kitchens
3

Room sizes

  • Living Room—
    Main level
  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Primary Bedroom—
    Second level
  • Dining Room—
    Main level
  • Primary Bedroom—
    Second level
  • Kitchen—
    Main level
  • Bedroom—
    Second level
  • Bedroom—
    Second level
  • Kitchen—
    Main level
  • Kitchen—
    Main level
  • Living Room—
    Main level

Washrooms

  • 3-piece, Main
  • 4-piece, Second

Municipality
Cambridge
Neighbourhood
Preston Centre
Main cross streets
Potter Street
Zoning
RM3
Directions
King Street E pass Bishop Street N than Chestnut Street

MLS® number
X13636704
Data source
Toronto Regional Real Estate Board
Listed on
2026-08-01
Updated on
2026-10-01
Days on market
75 days
Possession type
Flexible
Co-op commission
2% plus HST
Seller
Listed by
Keller Williams Home Group Realty

Home Market Value

Current home valuation for 1346 King Street E, Cambridge, Preston Centre, Cambridge, ON. Listed for $639,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 1346 King Street E, Cambridge, Preston Centre

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Cambridge, ON
Minimum Down Payment Required:6.1%

5% on first $500K + 10% on $139,900 over $500K

Minimum down payment

$38,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$24,035$17,853$15,230$0
=Total mortgage
$624,901$593,763$559,145$511,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,051monthly$2,899monthly$2,730monthly$2,499monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$9,273

Total Land Transfer Tax

$9,273

Around this home

7/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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Public·elementary·530m

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