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  • Ontario
  • Cambridge
  • 53 - Preston South
  • 1214-1218 King Street E
1214-1218-king-street-e-cambridge-ontario-40817925
1214-1218-king-street-e-cambridge-ontario-40817925
1214-1218-king-street-e-cambridge-ontario-40817925
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$50K (Apr 08)
  • For SaleAdded in Apr 2026
  • Multi-5 Unit

1214-1218 King Street E

Cambridge, 53 - Preston South
  • 0 Bedrooms
  • 5 Bathrooms
  • 2 Garage
  • Share
Listed for:
3.33%
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Key Facts About 1214-1218 King Street E, Cambridge

  • Tax$5,868 / 2025
  • Property TypeResidential Income
  • Building TypeMulti-5 Unit
  • Building Age1890
  • Size4568 feet²
  • Lot Size66.00 x 165 feet
  • Parking2 garage, 6 parking
  • BasementCrawl Space, Unfinished
  • Listing #40817925
  • Data SourceITSO
  • Days on Market70
  • Listed On08/04/2026
  • Updated On28/05/2026
  • Market Demand
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Description

Excellent Investment Opportunity in Preston South! This fully rented and well-kept 5-unit multi-residential property sits on a large 66 ft x 165 ft lot. It features 2 one-bedroom units, 2 two-bedroom units, and 1 three-bedroom unit, plus a shared laundry room, a double detached car garage. Prime location close to groceries, restaurants, coffee shops, Cambridge Memorial Hospital, banks, and with easy access to Highway 401. A solid addition to any investor’s portfolio!

Property Details of 1214-1218 King Street E, Cambridge

Property

  • Property TypeMulti-5 Unit
  • Community53 - Preston South
  • MunicipalityCambridge

Inside

  • Bathrooms5
  • BasementCrawl Space, Unfinished
  • FireplaceY
  • AppliancesDryer, Refrigerator, Stove, Washer
  • Appliances IncludedNone

Utilities

  • WaterMunicipal
  • CoolingNone
  • Heating TypeForced Air, Natural Gas

Building

  • Size4568 feet²
  • RoofAsphalt Shing
  • ConstructionAluminum Siding
  • Foundation TypeStone
  • Building Age1890

Parking

  • Drive WayPrivate Drive Triple+ Wide
  • Garage TypeDetached Garage
  • Garage2
  • Parking Places6
  • Total Parking Places8

Land

  • Frontage66.00
  • Depth165
  • ZoningRM3
  • Lot Size66.00 x 165 feet
  • Acreage< 0.5

Features

  • NoneY

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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Data is provided courtesy of ITSO © 2021 ITSO ( https://www.itsosystems.ca ) The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

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About 1214-1218 King Street E, Cambridge

It is a 0 bedroom, 5 bathroom, Multi-5 Unit property located at 53 - Preston South. 1214-1218 King Street E, Cambridge lies on 66.00 x 165 feet lot. Forced Air, Natural Gas heating systems are used in heating/cooling systems for 1214-1218 King Street E, Cambridge. This property which is located in King Street does not have a pool. This property located in 15 - Preston have a fire place. This Residential Income property in Cambridge also has None.

FAQs About 1214-1218 King Street E, Cambridge

How many bathrooms does this property have?

This property features 5 bathroom(s) and 0 bedroom(s).

Does this 0 bedroom property have additional bedrooms or a den?

This Multi-5 Unit property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Multi-5 Unit property?

The total square footage of this Multi-5 Unit 0 bed property in Cambridge is 4568.

How many parking spaces are available with this property?

1214-1218 King Street E boasts 6 convenient parking spaces.

How many cars can be parked in the garage of 1214-1218 King Street E?

This property features a garage with space for 2 cars.

What type of garage does this property have?

This property includes an Detached Garage garage with space for 2 cars.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Crawl Space, Unfinished basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

The number of kitchens in this property is not specified.

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air, Natural Gas.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 1214-1218 King Street E, Cambridge

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Listing History

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