1308 KING STREET E

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For Sale - $784,888.00

ID#: 28490373

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. Two 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. (id:42870)

Property Details

Property Address: 1308 KING STREET E Cambridge, Ontario, N3H3R1

Property Type: Multi-family

Area Toal: 2000 - 2500 sqft

Waterfront: No

Pool: No

Garage: No


Representative

Bess Assimacopoulos-Markou

Sales Representative

RE/MAX Twin City Realty Inc. Brokerage* - Waterloo

Cell: 519-588-1834

Tel: 519-885-0200

Schedule a Showing