127 JACOB STREET, Cambridge
$2,599,999
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 5 bedrooms, 3 bathrooms
- Living area
- 5,000 sqft
- MLS®
- MLS® X13789362
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. Potential to sever a large section of the lot. Home Inspection available upon request.
Sold data
Detached homes in Cambridge — recent sold market
Detached homes in Cambridge took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 43, across 187 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.
The median sale price was $749,900.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 25% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
- Median days to sell
- 25
- Median sale price
- $749,900
- Sale-to-list ratio
- 97.8%
- Sold above asking
- 25%
Based on 187 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Cambridge
Cambridge has 46 Fraser Institute–rated schools (38 elementary and 8 secondary), averaging 5.6/10.
- Rated schools
- 46
- Elementary
- 38
- Secondary
- 8
- Average rating
- 5.6 / 10
Top-rated schools in Cambridge
- Islamic School of Cambridge — elementaryFraser rating 10.0/10
- Ontario Muslim Academy — elementaryFraser rating 10.0/10
- Mother Theresa — elementaryFraser rating 7.5/10
- Père-René-de-Galinée — secondaryFraser rating 7.2/10
- St Margaret — elementaryFraser rating 7.2/10
- Parkway — elementaryFraser rating 6.8/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 127 JACOB STREET
$1,950,000
Detached533,500–5,000 sqft295 BRANT ROAD, South Dumfries, Brant
$2,299,000
Detached543,500–5,000 sqft2159 BRITANNIA ROAD, Rural Burlington, Burlington
$2,599,000
Detached433,500–5,000 sqft1340 CONTOUR DRIVE, Clarkson, Mississauga
$2,324,900
Detached432,500–3,000 sqft7687 APPLEBY LINE, Rural Milton West, Milton
$2,999,000
Detached432,500–3,000 sqft5062 WALKERS LINE, Rural Burlington, Burlington
$1,849,900
Detached5+132,000–2,500 sqft216 BEECHFIELD ROAD, 1006 - FD Ford, Oakville
$1,799,999
Detached6+132,000–2,500 sqft8554 HWY 7 ROAD, Rockwood, Guelph/Eramosa
$2,649,000
Detached6+233,000–3,500 sqft14264 EIGHTH LINE, 1049 - Rural Halton Hills, Halton Hills