Property Type: Detached HouseOwnership: Freehold

1346 KING Street E

Cambridge, BC N3H3R1

$639,900

4 bed3 bath10 parking2,000 sqftBuilt 1908
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Property Details

Property & Lot

Sub-type
House
Stories
2
Frontage
33 feet

RM3

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,495

Interior

Basement
Unfinished, Full
Heating
Forced air, Natural gas
Cooling / A/C
None
Fireplace
None

Exterior & Lot

Exterior features
Vinyl siding
Lot features
Paved driveway, Shared Driveway, In-Law Suite

Building

Foundation
Stone
Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
10

Room Dimensions

RoomLevelDimensions
3pc BathroomMain level
4pc BathroomSecond level
4pc BathroomSecond level
Living roomMain level8'3'' x 11'2''
KitchenMain level9'5'' x 5'9''
Dining roomMain level5'8'' x 5'5''
Primary BedroomSecond level10'3'' x 8'7''
BedroomSecond level7'8'' x 10'6''
Living roomMain level14'7'' x 14'0''
KitchenMain level7'6'' x 9'4''
Primary BedroomSecond level12'2'' x 9'1''
BedroomSecond level6'5'' x 9'0''
Living roomMain level12'1'' x 9'4''
KitchenMain level14'9'' x 5'3''
Dining roomMain level9'3'' x 5'7''

Listing Information

MLS®
40852773
Listed
August 2, 2026
Time on market
On the market for 43 days
Data last synced
September 15, 2026

Listing provided by: Keller Williams Home Group Realty, Brokerage · Data source: CREA DDF.

Description

3 Units !!! 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:63159)

Values & Trends

This listing

$320/sqft

Building average

No other active listings in this building

52 - Preston North average

$390/sqft

17 active listing(s)

Parking: 10 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Guelph

15°C

Humidity 78%

Wind SSE 9 km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

24°

Thursday night

11°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Mortgage & Ownership Cost Calculator

Minimum required: 6.1% ($38,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$511,920.00
Periodic payment — Principal & Interest (monthly)$3,302.73
Additional monthly expenses (strata, tax, utilities, etc.)$474.58
Total monthly cost$3,777.32
Interest paid over 5-yr term$146,717.74
Balance at end of term$460,473.70

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$38,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,620.79

Cash Needed at Closing

Minimum down payment$38,990
Estimated BC PTT$10,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$51,288

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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