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1346 King Street E, Cambridge, ON N3H 3R1

4 beds · 3 baths · 3 kitchens · 15 rooms · 10 parking spaces · 1500-2000 sq ft · Multiplex
$639,900
Property tax
$4,495 / year

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.

MLS number
X13636704
Type
Multiplex
Status
Active
Bedrooms
4
Bathrooms
3
Postal code
N3H 3R1
Photos
43
Laundry
Not in the unit
43days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Michael Catholic Elementary School
Waterloo CDSB
Elementary645 m6.2 / 10
62% met the standard
Grand View Public School
Waterloo Region DSB
Elementary513 m7.4 / 10
74% met the standard
William G Davis Public School
Waterloo Region DSB
Elementary897 mNot reported
Coronation Public School
Waterloo Region DSB
Elementary1.1 km7.5 / 10
75% met the standard
Preston Public School
Waterloo Region DSB
Elementary1.0 km7.0 / 10
70% met the standard
Blue Heron Public School
Waterloo Region DSB
Elementary1.1 km6.7 / 10
67% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 495 people.

$58,800Median household income
37.8%Own their home
22.9%Detached houses
43.6Median age
8.6%Born outside Canada
3.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35300496 — the few blocks around this address, home to 495 people. It describes the area, not this property.

495Population
42.8Average age
2.1Household size
$72,500Average household income
$58,800Median household income
38%Own their home
62%Rent
4%Condominiums
9%Born outside Canada
4%University degree
$580,000Average home value
22%Low income
52%Not in the labour force
35%Never married
Under $5,0002%
$15,000 to $19,9992%
$20,000 to $24,9994%
$25,000 to $29,9992%
$30,000 to $34,9994%
$35,000 to $39,9997%
$40,000 to $44,9997%
$45,000 to $49,9995%
$50,000 to $59,9999%
$60,000 to $69,9999%
$70,000 to $79,9995%
$80,000 to $89,9994%
$90,000 to $99,9995%
$100,000 and over20%
$100,000 to $124,9999%
$125,000 to $149,9994%
$150,000 to $199,9992%

Percentages are of the 275 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$127,980 · minimum here is $38,990
$2,833.34per month
Borrowed before insurance$511,920
Total borrowed$511,920
Interest over 25 years at 4.5%$338,082

If you rented it out

-$3,207.92per month out of pocket
Rent$0.00
Everything it costs to hold$3,207.92
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Keller Williams Home Group Realty. Listing data provided by the Toronto Regional Real Estate Board.