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

7,412 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 7,412 sqft

Price per Sqft $202

MLS Listing ID X11948592

Annual Tax Amount $11,618

Tax Year 2024

Property Sub-Type Investment

Lot Depth 145.29

Lot Front 43.68

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

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 43.68

Lot Depth 145.29

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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