1331 King Street E

Introducing an exceptional opportunity with this house for sale in Cambridge , located at 1331 King Street E, Cambridge. This remarkable detached two-storey residence is situated in the desirable community of 52 - Preston North, offering a unique blend of comfort and investment potential. With a generous lot size of 66 feet by 165 feet, this property spans a rare 0.237 acres, making it an ideal choice for buyers seeking a mortgage helper or those interested in future expansion or redevelopment.

This house for sale in Cambridge boasts three well-proportioned bedrooms and two bathrooms, providing ample space for families or individuals looking to share living arrangements. The layout is designed to maximise functionality, with a total of ten rooms, including two kitchens, which is a rare feature that enhances the property's versatility. Whether you choose to live in one unit and rent the other or accommodate extended family, this home offers the flexibility to suit your needs.

Recent renovations completed in 2025 have revitalised this house for sale in Cambridge, ensuring that it meets modern standards while retaining its charm. Both units have been fitted with new flooring, and the entire property has been freshly painted inside and out, giving it a bright and welcoming atmosphere. New lighting fixtures add a contemporary touch, while the new roof and eavestroughs provide peace of mind for years to come.

The property is equipped with essential appliances, including two refrigerators, two stoves, two washers, and two dryers, making it move-in ready for potential tenants or new homeowners. The absence of a central vacuum system and air conditioning allows for a more straightforward maintenance approach, while the gas fireplace provides warmth and comfort during the colder months.

Situated in a highly visible area, this house for sale in Cambridge is conveniently located within walking distance to various amenities, including grocery stores, pharmacies, and laundry facilities. The proximity to the Grand River, golf courses, medical centres, and hospitals further enhances the appeal of this location, making it an ideal spot for families and professionals alike.

Parking is abundant, with space for up to four vehicles on the gravel driveway, ensuring that you and your guests will never be short of parking options. The backyard offers ample space for outdoor activities, and the potential for further expansion cannot be overstated. With no pool on the premises, you have the freedom to design your outdoor space to suit your preferences, whether that includes a garden, patio, or additional units.

The partial, unfinished basement presents an excellent opportunity for those looking to create additional living space or storage solutions. Although there is no sewer connection, the property benefits from municipal metered water, ensuring a reliable supply for your household needs.

In summary, this house for sale in Cambridge at 1331 King Street E, Cambridge, presents a rare opportunity to acquire a versatile property in a sought-after location. With its recent renovations, generous lot size, and proximity to essential amenities, this home is perfect for buyers looking to invest in their future. Whether you are seeking a mortgage helper or a family residence, this property has it all. Don’t miss your chance to make this house your home!

Community 52, known as Preston North, is a charming residential area nestled in the vibrant city of Cambridge. This locale boasts a blend of modern living and traditional architecture, with tree-lined streets and well-maintained parks that offer a serene escape from the hustle and bustle of city life. The proximity to the renowned university and its array of cultural and educational amenities makes it an ideal spot for both families and professionals. With convenient access to public transport, local shops, and a variety of eateries, Preston North provides a welcoming environment that balances the tranquillity of suburban living with the dynamic energy of Cambridge. Whether you're enjoying a leisurely stroll along the river or engaging in community events, you'll find that this area fosters a sense of belonging while offering all the conveniences of city life.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find Grand View Public School (0.6 km), offering elementary education from JK to grade 6, with a school rating of 6.3. Just a bit further at 0.9 km is William G. Davis Public School, catering to grades 7 and 8, though it has a lower rating of 2.3. For secondary education, Preston High School is located 1.6 km away, providing grades 9 to 12 with a rating of 6. Nearby, Galt Collegiate Institute (3.5 km) also serves secondary students and has a rating of 6.1. Additionally, St. Michael Catholic Elementary School (0.6 km) offers a Catholic education for JK to grade 8, rated at 5.7, while St. Benedict Catholic Secondary School is 3.9 km away, rated at 5.9. For those interested in French-language education, Woodroffe Avenue Public School (3.0 km) and St. Peter Catholic Elementary School (3.4 km) are also available. Overall, the area boasts a variety of schools catering to different educational needs and preferences.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 556 residents, with an average household size of 2.2. The demographic profile indicates a mature community, with an average age of 41.8 years. The average household income stands at $91,000, although 14.8% of the population is classified as low-income. The housing market reflects an average price of $620,000, with a notable percentage of renters at 50.98%. Additionally, 53.13% of the population is single, while 35.48% of households include children, suggesting a mix of family and single-person households. The community is also characterized by a small immigrant population, comprising 9.6% of residents. Educational attainment is relatively high, with 41.35% of individuals holding a college or university degree. However, a significant portion of the population, 32.69%, is not actively participating in the labor force. Notably, there are no condominiums in the area, indicating a potential preference for other types of housing. Overall, this demographic snapshot reveals a diverse community with a blend of families, singles, and a range of income levels, contributing to a dynamic local environment.