$1,575,000
Available - For Sale
Listing ID: X11948592
660 King St East , Cambridge, N3H 3N6, Ontario
| 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 |
| Price | $1,575,000 |
| Taxes: | $11618.20 |
| Tax Type: | Annual |
| Assessment: | $546000 |
| Assessment Year: | 2025 |
| Occupancy by: | Tenant |
| Address: | 660 King St East , Cambridge, N3H 3N6, Ontario |
| Postal Code: | N3H 3N6 |
| Province/State: | Ontario |
| Legal Description: | PT LT 19 S/S KING ST & W/S POTTER ST PL |
| Lot Size: | 43.68 x 145.29 (Feet) |
| Directions/Cross Streets: | WESTMINISTER DRIVE S |
| Category: | Retail |
| Building Percentage: | Y |
| Total Area: | 7412.00 |
| Total Area Code: | Sq Ft |
| Outside Storage: | N |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX Solid Gold Realty (II) Ltd |
|
|
Imran Gondal
Broker
Dir:
416-828-6614
Bus:
905-270-2000
Fax:
905-270-0047
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Waterloo |
| Municipality: | Cambridge |
| Lot Size: | 43.68 x 145.29(Feet) |
| Tax: | $11,618.2 |
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