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!
For sale
C$1,449,900
1218 King St E #1214, Cambridge, ON N3H 3P8
9beds
5baths
4,568sqft
Multi-5 Unit, Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
C$317/sqft
C$-- HOA
What's special
Shared laundry roomDouble detached car garage
- 129 days |
- 5 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Alejandra Ivic, Salesperson,
RE/MAX Twin City Realty Inc.
Source: ITSO,MLS®#: 40817925Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dryer, Refrigerator, Stove, Washer
- Laundry: Coin Operated
Features
- None
- Basement: Crawl Space,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,568
- Total interior livable area: 4,568 sqft
- Finished area above ground: 4,568
Property
Parking
- Total spaces: 8
- Parking features: Detached Garage, Private Drive Triple+ Wide
- Garage spaces: 2
- Uncovered spaces: 6
Features
- Frontage length: 66.00
Lot
- Size: 0.25 Acres
- Dimensions: 66 x 165
- Features: City Lot, Near Golf Course, Hospital, Public Parking, Public Transit, School Bus Route, Schools, Shopping Nearby
Details
- Parcel number: 226480064
- Zoning: RM3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-5 Unit, Multi Family
Materials
- Aluminum Siding
- Foundation: Stone
- Roof: Asphalt Shing
Condition
- 100+ Years
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Location
- Region: Cambridge
Financial & listing details
- Price per square foot: C$317/sqft
- Annual tax amount: C$5,868
- Date on market: 4/8/2026
- Inclusions: None
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Price change | C$1,449,900-3.3%C$317/sqft |
Source: ITSO #40817925 Report a problem | ||
| 4/8/2026 | Listed for sale | C$1,499,900C$328/sqft |
Source: ITSO #40817925 Report a problem | ||
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Preston Centre
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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