Cambridge, ON N3H 3N6,660 King Street E
See all 37 photos
Cambridge, ON N3H 3N6,660 King Street E
Cambridge, ON N3H 3N6,660 King Street E
Cambridge, ON N3H 3N6,660 King Street E
Cambridge, ON N3H 3N6,660 King Street E
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Luke Shantz • RE/MAX SOLID GOLD REALTY (II) LTD.
$ 1,575,000
Est. payment /mo
Save
Active

660 King Street E Cambridge, ON N3H 3N6

6 Beds

7 Baths

7,412 SqFt


UPDATED:

09/26/2024 04:01 PM

Key Details

Property Type Multi-Family

Sub Type Multi-6-9 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 7,412 sqft

Price per Sqft $212

MLS Listing ID 40556617

Bedrooms 6

Abv Grd Liv Area 7,412

Originating Board Waterloo Region

Year Built 1931

Annual Tax Amount $11,321

Property Description

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 future. Current cap rate approx 5.6% with a market rate closer to 8% after future tenant turnover. With 4 residential units and 2 commercial, this building offers a good mix of income streams with great 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!

Location

Province ON

County Waterloo

Area 15 - Preston

Zoning C1RM2

Direction Fountain to King Street E

Rooms

Basement Full, Unfinished

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Baseboard, Electric, Forced Air, Natural Gas

Cooling Central Air, Wall Unit(s)

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry In-Suite, Other

Exterior

Waterfront No

Roof Type Flat

Street Surface Paved

Lot Frontage 43.67

Garage No

Building

Lot Description Irregular Lot, Airport, Ample Parking, Business Centre, City Lot, Near Golf Course, High Traffic Area, Highway Access, Park, Place of Worship, Public Parking, Public Transit, Rec./Community Centre, School Bus Route, Schools

Faces Fountain to King Street E

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 037820246

Ownership Freehold/None


Hal Canoglu

Agent | License ID: 5012956

+1(226) 700-1210

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

660 King Street E