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660 King St E

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

7
Beds
7
Baths
7,412
Sq. Ft.
$1,575,000
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
New
11 days on market

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 opportunity. With mortgage rates continually dropping, this investment currently operates at approx. 5.86% Cap Rate with a market-rate potential closer to 8%.... Show More

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 opportunity. With mortgage rates continually dropping, this investment currently operates at approx. 5.86% Cap Rate with a market-rate potential closer to 8%. 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. parking for 3 vehicles out back. Schedule a viewing today (id:54626)

Property Details

Size

7,412 sq. ft.
across 2 floors
7 Beds
7 Baths
7 Full

Parking

3 Parking Spaces
-

Build

Year Built
-
Model Name
-
Basement
Unfinished
Exterior
Brick
Foundation
Poured Concrete
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters, Forced air
Cooling
Central air conditioning, Wall unit

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40694602
Last Updated
January 31, 2025
Brokerage
RE/MAX SOLID GOLD REALTY (II) LTD.
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Call us 800-591-0566

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