1405 King St E

Cambridge, N3H 3R3
FOR SALE
$599,999
1405 King St E, Cambridge
1405 King St E
1405 King St E
1405 King St E
1405 King St E
1405 King St E
1405 King St E
1405 King St E
1405 King St E
1405 King St E
1405 King St E
1405 King St E
1405 King St E
1405 King St E
1405 King St E
1405 King St E
1405 King St E
1405 King St E
1405 King St E
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
X9160548
MLSID
Contact Us
Property Description
C2 zoning which allows residential and commercial use. 2 bedroom plus den, 1.5 bathroom with over 1,000 sqft of finished space. All Windows upgraded (2019), HVAC, New flooring throughout, carpet-free. Original characteristics of this detached property make you feel like you are part of Cambridge's rich history. Central location between Cambridge and Kitchener only a few minutes drive to Hwy 401. Step outside your front door you will discover local shops, salons, pharmacies, grocery stores, restaurants, and cafes. This corner lot property provides a large backyard and easy access to the rear paved driveway via Chestnut street.
Property Details
Street
Property Type
Detached, 2-Storey
Lot Size
33' x 122'
Fronting
South
Taxes
$6,774 (2023)
Basement
Full, Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Other
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.66' x 10.83'
KitchenMain10.66' x 12.99'
BathroomMain5.25' x 3.58'2 Pc Bath
DiningMain8.99' x 12.99'
Den2nd7.58' x 9.68'
Br2nd12.66' x 13.25'
Br2nd12.66' x 10.50'
Bathroom2nd7.09' x 6.82'4 Pc Bath
Cambridge Market Statistics
Cambridge Price Trend
1405 King St E is a 3-bedroom 2-bathroom home listed for sale at $599,999, which is $152,123 (20.2%) lower than the average sold price of $752,122 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 3 bedroom home in Cambridge declined by $25,525 (3.3%) compared to the previous 30 day period (September 27 - October 26) and down $38,303 (4.8%) from the same time one year ago.
Inventory Change
There were 54 3-bedroom homes listed in Cambridge over the last 30 days (October 27 - November 25), which is down 31.6% compared with the previous 30 day period (September 27 - October 26) and up 10.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Cambridge typically sold ($8,157) (1.1%) below asking price over the last 30 days (October 27 - November 25), which represents a $12,990 decrease compared to the previous 30 day period (September 27 - October 26) and $19,627 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Cambridge over the last 30 days (October 27 - November 25) stood at 113.0%, up from 64.6% over the previous 30 days (September 27 - October 26) and up from 95.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Cambridge stood at 19 days when successfully sold over the last 30 days (October 27 - November 25), compared to 28 days before being removed from the market upon being suspended or terminated.
Listing contracted with Unreserved
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