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$1,449,999

6 Beds 4 Baths 0 SQFT 0.00 Acres
Type: Multi-Family

660 KING Street E
Cambridge, ON N3H3N6

MLS#: 40827594
Xiaozhou Geng
Xiaozhou Geng
Condo Digs
Sales Representative
Phone: 905.348.3318
Office: 416.883.0892
Presented by: RE/MAX SOLID GOLD REALTY (II) LTD.

Property Description

 

PRICE DROP!! Now offering 6% CAP RATE - it's hard to find buildings cash flowing like this one! This fantastic investment opportunity is in the heart of Preston with new investment happening all around and a plan for future LRT nearby. A well maintained 7,412 sqft mixed-use building with quality, long term residential and commercial tenants makes this a true turn-key opportunity. 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. The Main floor commercial offers great street exposure and long term leases. Potential for additional storage income. Equipment is all owned, no rentals. Appliances included. Schedule a viewing today (id:7434)


 

Interior Features

Bedrooms

Bedrooms6

Other Interior Features

Basement DevelopmentUnfinished
Basement TypeFull (Unfinished)
Building Fireplace PresentFalse
Building Heating FuelElectric, Natural gas
Building Heating TypeBaseboard heaters, Forced air

General

AmenitiesAirport, Golf Nearby, Hospital, Park, Place of Worship, Public Transit, Schools
Building Cooling TypeCentral air conditioning, Wall unit
Building.StoriesTotal0
Community FeaturesHigh Traffic Area, Community Centre, School Bus
Foundation TypePoured Concrete
Location DescriptionFountain to King St E
Ownership TypeFreehold
Parking Space Total3
Property TypeMulti-family
Zoning DescriptionC1RM2

Exterior

Exterior FinishBrick Veneer
Land AmenitiesAirport, Golf Nearby, Hospital, Park, Place of Worship, Public Transit, Schools
SewerMunicipal sewage system

Additional Details

  

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$1,449,999

6 Beds 4 Baths 0 SQFT 0.00 Acres
Type: Multi-Family

660 KING Street E
Cambridge, ON N3H3N6

MLS#: 40827594
Xiaozhou Geng
Xiaozhou Geng
Condo Digs
Sales Representative
Phone: 905.348.3318
Office: 416.883.0892
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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