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660 King Street E Cambridge, Ontario N3H 3N6

7412 sqft

$1,449,999

PRICE DROP!! Now offering over 7% CAP RATE - it's hard to find buildings cash flowing like this one! This fantastic investment opportunity is in the heart of Preston with new investment happening all around and a plan for future LRT nearby. A well maintained 7,412 sqft mixed-use building with quality, long term residential and commercial tenants makes this a true turn-key opportunity. With 4 residential units and 2 commercial, this building offers a good mix of income streams with fantastic upside potential. 2- two bedroom units and 2 - one bedroom units on the upper levels. The Main floor commercial offers great street exposure and long term leases. Potential for additional storage income. Equipment is all owned, no rentals. Appliances included. Schedule a viewing today (id:61499)

Property Details

MLS® Number 40827597
Property Type Other
AmenitiesNearBy Airport, Hospital, Public Transit, Schools
CommunicationType High Speed Internet
CommunityFeatures High Traffic Area
Features Visual Exposure, Crushed Stone Driveway

Building

BasementType Full
ConstructedDate 1931
ConstructionMaterial Concrete Block, Concrete Walls
ExteriorFinish Brick Veneer, Concrete
FireProtection Alarm System
FoundationType Poured Concrete
StoriesTotal 2
SizeExterior 7412.0000
SizeInterior 7412 Sqft
Type Residential Commercial Mix
UtilityWater Municipal Water

Land

AccessType Road Access, Highway Access
Acreage No
LandAmenities Airport, Hospital, Public Transit, Schools
Sewer Municipal Sewage System
SizeFrontage 44 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription C1rm2

Utilities

Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/29713836/660-king-street-e-cambridge

Interested?

Contact us for more information


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Luke Shantz
Broker


RE/MAX Solid Gold Realty (Ii) Ltd.
180 Weber Street South Unit A
Waterloo, Ontario N2J 2B2

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