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, Cambridge
$2,599,999
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.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 3500-5000 sq. ft. |
| Property Tax | $15,833 |
| Lot Size | 393.72 ft x 279.81 ft |
| mls© Number | X13789362 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $13,308
- Property tax
- $1,319
- Heat allowance
- $150
- Housing costs
- $14,777 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$455,000
gross annual household income
- Payment at 4%
- $10,941 / mo
- Cash down
- $520,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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