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For saleMLS® X13789362

127 Jacob Street, Cambridge, ON N3H 2T7

Preston · N3H 2T7

$2,599,999

$743 / sq ft

1 months on market

Bedrooms
5
Bathrooms
3
Interior
3,500 sf
Parking
17
Lot
393.72 × 279.81 ft
Age
100+ years

What's special

  • Attached garage
  • Central air
  • Finished basement
  • 2 fireplaces

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About this property

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.

Rooms

14 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
FoyerMain2.26 × 6.39 m7.4 × 21.0 ftHardwood Floor · Wood Trim
Dining RoomMain4.35 × 5.38 m14.3 × 17.7 ftHardwood Floor · Large Window
KitchenMain4.67 × 3.23 m15.3 × 10.6 ft—
Family RoomMain3.72 × 2.48 m12.2 × 8.1 ftHardwood Floor
Living RoomMain5.38 × 8.90 m17.7 × 29.2 ftBay Window · Hardwood Floor · Marble Fireplace
LaundryMain3.72 × 2.48 m12.2 × 8.1 ftHeated Floor
BathroomMain1.33 × 1.93 m4.4 × 6.3 ft2 Pc Bath · Window
Primary BedroomSecond4.51 × 6.31 m14.8 × 20.7 ftLarge Window · Fireplace · Walk-In Closet(s)
BathroomSecond3.55 × 2.53 m11.6 × 8.3 ft3 Pc Bath
Bedroom 2Second4.61 × 4.38 m15.1 × 14.4 ftLarge Closet · Large Window · Hardwood Floor
Bedroom 3Second4.61 × 3.33 m15.1 × 10.9 ftLarge Closet · Window · Hardwood Floor
Bedroom 4Second3.61 × 3.79 m11.8 × 12.4 ftCloset · Window · Hardwood Floor
BathroomSecond5.21 × 2.57 m17.1 × 8.4 ft4 Pc Bath · Double Sink · Heated Floor
Bedroom 5Third4.82 × 4.31 m15.8 × 14.1 ftWalk-In Closet(s) · Window

Features

  • Other

Property details

Property

Property type
detached
Bedrooms
5
Bathrooms
3
Interior size
3,500 sq ft
Year built
100+
Lot size
393.72 × 279.81 ft
Zoning
R3
Possession
Flexible

Interior

Basement
Finished
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
2
Exposure
West

Exterior & services

Construction
Stone, Stucco (Plaster)
Garage
Attached
Parking spaces
17
Sewer
Sewer

Costs

List price
$2,599,999
Property taxes
$15,833 / year (2026)
Price per sq ft
$743

Listing

MLS® number
X13789362
Status
For sale
Listed
September 16, 2026
Days on market
50
Last updated
October 25, 2026
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 100% of comparable detached listings in Preston are asking less.

$500KMedian $660K$1.16M
This home
$743 / sq ft
Comparable median
$618 / sq ft

Based on 25 comparable active detached listings in Preston. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $520,000
$520,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$11,500.67
Property tax (est.)
$1,319.38
Estimated monthly
$12,820

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$51,475
Total due on closing
$51,475

An estimate on the asking price of $2,599,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,599,999

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