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1344/1346 KING Street E, Cambridge — listed at $639,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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:60164)
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,495, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Who is 1344/1346 KING Street E best suited for?+
With 2 bedrooms and 2 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What's the parking situation?+
This property includes 10 spaces.
Does it have a basement, and is it finished?+
Yes — Unfinished, Full. A finished basement adds meaningful living space beyond the listed square footage.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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