660 KING Street E
Cambridge, Ontario
MLS® 40827594
$1,449,999
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40827594
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1931
1 / 30Listing description
PRICE DROP!! Now offering 6% 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
Property summary
- MLS® number
- 40827594
- Property type
- Multi-family
- Title
- Freehold
- Built in
- 1931
- Annual property taxes
- $13,562.51
- Parking
- 3 spaces · Open
- Days on market
- 134 days
Features & details
- Heating
- Baseboard heaters, Forced air, Electric, Natural gas
- Cooling
- Central air conditioning, Wall unit
- Basement
- Unfinished, Full
- Exterior features
- Brick Veneer
- Community features
- High Traffic Area, School Bus, Community Centre
What would this home cost you?
Based on the $1,449,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX SOLID GOLD REALTY (II) LTD., Waterloo.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.