$1,499,999
Last price change Apr 2
660 King Street, Cambridge, ON N3H 3N6
Property Description
Property type
Multiplex
Lot size
< .50
Style
2-Storey
Approx. Area
5000 + Sqft
About 660 King Street
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
Home Overview
Last updated
Apr 2
Virtual tour
None
Basement information
Full, Unfinished
Building size
--
Status
In-Active
Property sub type
Multiplex
Maintenance fee
$N/A
Year built
2025
Additional Details
Price Comparison
Location
Shally Shi
Sales Representative, Dolphin Realty Inc
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - King Street
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