Homes for sale - 660 King Street E, Cambridge, ON N3H 3N6

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Dec

Mon

Dec

Tue

Dec

Elizabeth Pullman

[email protected] +1(905) 329-0460

Listed by Luke Shantz • RE/MAX SOLID GOLD REALTY (II) LTD.

$ 1,575,000

Est. payment -/mo

Save

Active

660 King Street E Cambridge, ON N3H 3N6

7,412 SqFt

UPDATED:

09/26/2024 04:01 PM

Key Details

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 7,412 sqft

Price per Sqft $212

MLS Listing ID 40556695

Abv Grd Liv Area 7,412

Originating Board Waterloo Region

Annual Tax Amount $11,321

Property Description

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!

Location

Province ON

County Waterloo

Area 15 - Preston

Zoning C1RM2

Direction King St

Rooms

Basement Full

Kitchen 0

Interior

Interior Features High Speed Internet

Fireplace No

Exterior

Parking Features Asphalt, Public

Utilities Available Electricity Connected, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected

Street Surface Paved

Lot Frontage 43.67

Garage No

Building

Lot Description Irregular Lot, Airport, Business Centre, City Lot, High Traffic Area, Highway Access, Hospital, Public Transit, Schools, Visual Exposure

Faces King St

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Block,Concrete

New Construction No

Others

Senior Community No

Tax ID 037820246

Ownership Freehold/None

Elizabeth Pullman

Advisor | License ID: 4780123

+1(905) 329-0460

GET MORE INFORMATION