Active
660 E KING Street E
Cambridge Ontario, N3H3N6
C$1,575,000
C$212.49 per sqft
Active
6 Beds
7 Baths
7,412 sqft
Residential
Built in 1931
Courtesy of RE/MAX SOLID GOLD REALTY (II) LTD.
Fantastic investment opportunity in the heart of Preston. A well-maintained mixed-use building with quality, long term residential and commercial tenants make this a true turn-key future. Current cap rate approx 5.6% with a market rate closer to 8% after future tenant turnover. With 4 residential units and 2 commercial, this building offers a good mix of income streams with great upside potential. 2 - two bedroom units and 2 - one bedroom units on the upper levels. Main floor commercial with great street exposure and long-term leases. Potential for additional storage income. Parking for 3 vehicles out back. Schedule a viewing today! (id:41202)
40556617
MLSⓇ ID
November 22, 2024
Updated
Map
660 E KING Street E
Cambridge Ontario, N3H3N6
Interior Features
Total Stories
2
Bedrooms
6
Total Bathrooms
7
Fireplace
No
Cooling
Yes
Cooling Description
Central air conditioning, Wall unit
Heating
Yes
Heating Description
Baseboard heaters, Forced air, Electric, Natural gas
Exterior/Building Features
Sewer
Municipal sewage system
Other Property Details
Association Amenities
Airport, Golf Nearby, Park, Place of Worship, Public Transit, Schools
Garage
No
Parking Total
3
View
No
Pool
No
Listing History
Date | Event | Price |
---|---|---|
8/29/2024 | Price change | $1,575,000 -2% |
Courtesy of RE/MAX SOLID GOLD REALTY (II) LTD.
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