1344/1346 King Street E, Cambridge
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. (id:1945)
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Property details for 1344/1346 King Street E, Cambridge
- Type
- Multi-family
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 2,000 square feet
- Stories
- 2
- Basement
- Unfinished, Full
- Heating
- Forced air, Natural gas
- Cooling
- None
- Exterior
- Vinyl siding
- Ownership
- Freehold
- Annual Taxes
- $4,495
Nearby Listings Stat
Estimated price and comparable properties near 1344/1346 King Street E
Active Listings
8
Min Price
$369,900
Max Price
$699,900
Avg Price
$507,313
Days on Market
50
days
Sold Listings
7
Min Sold Price
$379,900
Max Sold Price
$725,000
Avg Sold Price
$505,829
Days until Sold
49
days
Neighbourhood Census Data
Cambridge, Ontario
Population
505
Median Age
42.4
Median Income
$28,128
Dwelling Value
$250,821
Housing Tenure
Owners 36%
Renters 62%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 3,002.4/km²
Avg Shelter Cost: $1,364/mo
Owners with Mortgage: 83.3%
Owners Spending 30%+: 33.3%
Tenants Spending 30%+: 36.7%
English only: 95%
English and French: 4%
Median Household Income: $52,523
Median Employment Income: $31,915
Price History
Listed
August 2, 2026
by Keller Williams Home Group Realty, Brokerage
Current Price
$639,900
Type
Multi-family
For Sale