About 1214-1218 King Street E
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!
Features of 1214-1218 King Street E
| MLS® # | 40717927 |
|---|---|
| Price | $1,499,900 |
| Bedrooms | 9 |
| Bathrooms | 5.00 |
| Square Footage | 4,568 |
| Acres | 0.00 |
| Year Built | 1890 |
| Type | Residential Income |
| Sub-Type | Multi-5 Unit |
| Status | Active |
Community Information
| Address | 1214-1218 King Street E |
|---|---|
| Area | 15 - Preston |
| Subdivision | 53 - Preston South |
| City | Cambridge |
| County | Waterloo |
| Province | ON |
| Postal Code | N3H 3P8 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Detached Garage |
| # of Garages | 2.00 |
| Is Waterfront | No |
Interior
| Interior Features | None |
|---|---|
| Appliances | Dryer, Refrigerator, Stove, Washer |
| Heating | Forced Air, Natural Gas |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Crawl Space, Unfinished |
Exterior
| Lot Description | City Lot, Near Golf Course, Hospital, Public Parking, Public Transit, School Bus Route, Schools, Shopping Nearby |
|---|---|
| Roof | Asphalt Shing |
| Construction | Aluminum Siding |
| Foundation | Stone |
Additional Information
| Date Last Updated | October 15th, 2025 |
|---|---|
| Zoning | RM3 |
Listing Details
| Office | RE/MAX Twin City Realty Inc. |
|---|