3 Units !!! 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:4069)
Address
1346 KING Street E
List Price
$639,900
Property Type
Single Family
Type of Dwelling
House
Transaction Type
Sale
Area
Ontario
Sub-Area
Cambridge
Bedrooms
4
Bathrooms
3
Floor Area
2,000 Sq. Ft.
Lot Depth
165 ft
Frontage Length
33 ft
Year Built
1908
MLS® Number
40852773
Listing Brokerage
Keller Williams Home Group Realty, Brokerage
Basement Area
Full (Unfinished)
Postal Code
N3H3R1
Zoning
RM3
Ownership
Freehold
Parking Places (Total)
10
Site Influences
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Features
Paved driveway, Shared Driveway, In-Law Suite
Community Features
High Traffic Area, Community Centre
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
None
Foundation Details
Stone
Other Structures
Shed, Porch
Number Of Floors In Building
2
Water Source
Municipal water
Access To Property
Highway access
Sewer
Municipal sewage system
