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1260 King St E

King St EPreston CentreCambridgeON, N3H 3P8

4
Beds
3
Baths
1,550
Sq. Ft.
$849,900
List Price
1260 King St E, Cambridge, ON - 1 of 3
1260 King St E, Cambridge, ON - 2 of 3
1260 King St E, Cambridge, ON - 3 of 3
New
12 days on market

Quick Summary

  • Desirable commercial/residential zoning
  • Ample off-street parking via right-of-way
  • Fully renovated with new systems and finishes
  • Stable rental income from 3 separate units
  • Vacant 2-bedroom unit with high rental potential

Great investment opportunity in the heart of Preston. COMM/RES ZONING (C2/RM3). Park 4 cars via right of way off Montrose, 2 separate one-bedroom unit on the main floor, 1 two-bedroom unit on the second floor - completely refinished from top to bottom. 3 new hot water tanks, new forced air furnace, new siding on the upper rear fade, new... Show More

Great investment opportunity in the heart of Preston. COMM/RES ZONING (C2/RM3). Park 4 cars via right of way off Montrose, 2 separate one-bedroom unit on the main floor, 1 two-bedroom unit on the second floor - completely refinished from top to bottom. 3 new hot water tanks, new forced air furnace, new siding on the upper rear fade, new washer/dryer installed in 2 units, new 200 AMP electrical services. The unit at the front is rented out for $900/month, the unit at the rear is rented out for $1800/month. The two-bedroom unit on the second floor is vacant, and can be rented out for $2300/month. The monthly income when fully rented out is about $5000/month. (id:54626)

Property Details

Size

1,550 sq. ft.
across 2 floors
4 Beds
3 Baths
3 Full

Parking

4 Parking Spaces
-

Lot

Size
252′0″ * 1163′12″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Unfinished
Exterior
Aluminum siding, Metal, Other, Vinyl siding, Wood
Foundation
Stone
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40668953
Last Updated
October 27, 2024
Brokerage
HOMELIFE LANDMARK REALTY INC
Powered by: REALTOR.ca
Call us 800-591-0566

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