ON > Cambridge
Cambridge, ON N3H 3N6,660 King ST E
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Cambridge, ON N3H 3N6,660 King ST E
Cambridge, ON N3H 3N6,660 King ST E
Cambridge, ON N3H 3N6,660 King ST E
Cambridge, ON N3H 3N6,660 King ST E
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,499,999
Est. payment /mo
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Price Dropped by $75K

660 King ST E Cambridge, ON N3H 3N6

6 Beds

7 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

MLS Listing ID X11948596

Style 2-Storey

Bedrooms 6

Building Age 51-99

Annual Tax Amount $11,618

Tax Year 2024

Property Sub-Type Multiplex

Lot Depth 145.29

Lot Front 43.67

Appx SqFt 5000 +

Property Description

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

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room Yes

Basement Full, Unfinished

Kitchen 5

Interior

Interior Features Sauna, Storage

Cooling Other

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Deck

Parking Features Lane

Pool None

Roof Type Flat

Lot Frontage 43.67

Lot Depth 145.29

Total Parking Spaces 3

Building

Unit Features Hospital,Level,Park,Place Of Worship,Public Transit,Rec./Commun.Centre

Foundation Concrete

Others

Security Features Security System

Listed by RE/MAX Solid Gold Realty (II) Ltd
agent

Jethro Seymour

Broker

+1(416) 712-0767

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660 King ST E

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