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660 King St E

King St E, Preston Centre, Cambridge, ON, N3H 3N6

6
Beds
7
Baths
5,000
Sq. Ft.
$1,499,999
List Price
Details
Photos
37
Comparables
History
660 King St E, Cambridge, ON - 1 of 3
660 King St E, Cambridge, ON - 2 of 3
660 King St E, Cambridge, ON - 3 of 3
63 days on market

SPRING SALE! Fantastic investment opportunity in the heart of Preston. With new investment happening all around and a plan for future LRT nearby, this well maintained 7,412 sqft mixed-use building with quality, long term residential and commercial tenants is a true turn-key opportunity. With mortgage rates continually dropping, this... Show More

SPRING SALE! Fantastic investment opportunity in the heart of Preston. With new investment happening all around and a plan for future LRT nearby, this well maintained 7,412 sqft mixed-use building with quality, long term residential and commercial tenants is a true turn-key opportunity. With mortgage rates continually dropping, this investment currently operates at approx. 6.15% Cap Rate with a market-rate potential closer to 8.59%. 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. Main floor commercial with 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 Details

Size

5,000 sq. ft.
6 Beds
6 Above Grade
7 Baths

Parking

3 Parking Spaces
-

Lot

Size
43′8″ * 145′3″
Acres
-

Build

Year Built
1926 - 1974
Model Name
-
Basement
Unfinished, Full
Exterior
Brick
Foundation
Concrete
Builder Name
-
Stories
-
Flooring
-
Roof
Flat

Heating & Cooling

Heating
Forced Air
Cooling
Other

Utilities

Water
-
Sewer
Sewer
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$11,618.2

Source

Listing Brokerage

MLS® Listing
X11948596
Last Updated
April 2, 2025
Brokerage
RE/MAX Solid Gold Realty (II) Ltd
Call us 800-591-0566

Book A Private Showing

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