127 Jacob Street, Cambridge, ON N3H 2T7
- Property tax
- $15,833 / year
One of Preston's most historically significant residences, 127 Jacob Street is a landmark 19th-century estate commanding a prominent position atop historic Kress Hill. Built c. 1845 for Jacob K. Erb, a member of one of Preston's prominent early families, this distinguished home has overlooked the community for more than 180 years. Set on an expansive, beautifully treed property, it offers a remarkable sense of privacy and space within the city. Inside, impressive proportions and period character define the home, with high ceilings, deep window sills, generous halls, large windows and beautifully scaled principal rooms designed for both everyday living and entertaining. Five bedrooms and three bathrooms provide abundant space for family and guests. Beyond the residence, mature trees and established gardens create a private setting for outdoor living, while a substantial detached carriage house adds another exceptional element, offering valuable space for vehicles, a workshop, studio or future possibilities. Despite the estate-like setting, downtown Preston, the Speed River, trails, shops, restaurants and amenities are just minutes away. Offering history, architectural character, expansive grounds and a carriage house in the heart of the city, 127 Jacob Street is a property of extraordinary distinction. The home you have waited for. Home Inspection available upon request.
- MLS number
- X13789362
- Type
- Detached
- Status
- Active
- Bedrooms
- 5
- Bathrooms
- 3
- Postal code
- N3H 2T7
- Photos
- 34
- Laundry
- Main Level level
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.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Detached
- Style
- 2 1/2 Storey
- Class
- Residential Freehold
- Age
- 100+
- Fronting on
- West
- Municipality
- Cambridge
- Cross street
- Jacob Street & Fountain Street
- Zoning
- R3
Inside
- Bedrooms
- 5
- Bedrooms above grade
- 5
- Bathrooms
- 3
- Washrooms
- 1 on the main floor · 1 on the second floor · 1 on the second floor
- Kitchens
- 1
- Rooms above grade
- 13
- Family room
- Yes
- Fireplace
- Yes
- Fireplaces
- 2
- Basement
- Finished
- Laundry
- Main Level
- Size
- 3500-5000
Building
- Construction
- Stone, Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Other structures
- Garden Shed, Workshop
Parking
- Garage
- Attached
- Covered spaces
- 2
- Driveway spaces
- 15
- Total parking
- 17
- Features
- Circular Drive, Other
Land
- Lot
- 393.72 × 279.81 feet
- Shape
- Irregular
- View
- Panoramic, River
- Pool
- None
Heating, cooling and services
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Central Air
- Water
- Municipal
- Sewer
- Sewer
- Electricity
- Yes
- Gas
- Yes
- Cable
- Yes
Features
- Property
- Golf, Hospital, Library, Park, Place Of Worship, River/Stream
- Interior
- Other
- Exterior
- Landscaped
Listing
- MLS number
- X13789362
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-09-16
- Expires
- 2026-12-30
- Taxes
- $15,833 (2026)
- Board
- Toronto Regional Real Estate Board
Listing history
No previous listings found for this address.
Where this property is
Where this address sits, matched against open government data.
Matched to a published address point for this address.
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.
| School | Level | Distance | Rating |
|---|---|---|---|
| Parkway Public School Waterloo Region DSB | Elementary | 873 m | / 10 86% met the standard |
| Preston High School Waterloo Region DSB | Secondary | 1.3 km | / 10 72% met the standard · 2 of 6 measures |
| St Joseph Catholic Elementary School Waterloo CDSB | Elementary | 1.4 km | / 10 81% met the standard |
| Preston Public School Waterloo Region DSB | Elementary | 1.2 km | / 10 70% met the standard |
| Grand View Public School Waterloo Region DSB | Elementary | 1.7 km | / 10 74% met the standard |
| Coronation Public School Waterloo Region DSB | Elementary | 2.1 km | / 10 75% 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
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
The market around this home
Detached houses in Cambridge — 1,350 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.
How these are built, and what they cannot tell you
Each point is the median of the sales that closed in that quarter among detached houses in cambridge. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.
This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.
Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 613 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35300466 — the few blocks around this address, home to 613 people. It describes the area, not this property.
Percentages are of the 350 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.
If you rented it out
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.