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1260 King St E

King St EPreston CentreCambridgeON, N3H 3P8

4
Beds
3
Baths
$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
59 days on market

Quick Summary

  • Zoned for commercial and residential use
  • Ample parking for 4 cars via right of way
  • Fully renovated with new systems and appliances
  • Generates $5,000 monthly rental income
  • Separate one-bedroom and two-bedroom units
  • Convenient location in the heart of Preston
  • New 200 AMP electrical service installed
  • New siding on the upper rear facade

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 rented out for $2300/month. The monthly income for the whole property is $5000/month. (id:54626)

Property Details

Size

Sq. Ft. Not Available
10 total rooms across 2 floors
4 Beds
4 Above Grade
3 Baths
3 Full

Parking

4 Parking Spaces
-

Lot

Size
252′0″ * 1163′12″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Unfinished
Exterior
Vinyl siding
Foundation
Stone
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
-

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Rooms

Living room

10′0″ x 14′4″

Bedroom

10′0″ x 14′4″

Bedroom

8′7″ x 12′2″

Kitchen

13′5″ x 20′0″

Living room

11′1″ x 9′1″

Bedroom

9′5″ x 12′2″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X9510196
Last Updated
November 10, 2024
Brokerage
HOMELIFE LANDMARK REALTY INC.
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Call us 800-591-0566

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