1 of 38 - 660 E King Street East Street E, Cambridge, Ontario
2 of 38 - 660 E King Street East Street E, Cambridge, Ontario
3 of 38 - 660 E King Street East Street E, Cambridge, Ontario
4 of 38 - 660 E King Street East Street E, Cambridge, Ontario
5 of 38 - 660 E King Street East Street E, Cambridge, Ontario
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660 E King Street East Street E, Cambridge, Ontario

$1,600,000

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6

Beds

7

Baths

7,412

Square feet

About 660 E King Street East Street E

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:6289)

Features of 660 E King Street East Street E

Listing # 40556617
Price $1,600,000
Bedrooms 6
Bathrooms 7.00
Square Footage 7,412
Acres 0.00
Year Built 1931
Type Multi-family
Sub-Type Freehold

Community Information

Address 660 E King Street East Street E
Subdivision 52 - Preston North
City Cambridge
Province Ontario
Postal Code N3H3N6

Amenities

Amenities Airport, Golf Nearby, Park, Place of Worship, Public Transit, Schools
Parking Spaces 3
Is Waterfront No
Has Pool No

Interior

Heating Electric, Natural gas Baseboard heaters, Forced air
Cooling Central air conditioning, Wall unit
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Brick
Foundation Poured Concrete

Listing Details

OfficeRE/MAX SOLID GOLD REALTY (II) LTD.

Listing Map

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