660 E King Street
Cambridge
N3H 3N6
$1,499,999
Residential Income
beds: 6
baths: 7.0
7,412 sq. ft.
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40727494
- Bedrooms:
- 6
- Bathrooms:
- 7
- Photos (35)
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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!
- Property Type:
- Residential Income
- Property SubType:
- Multi-6-9 Unit
- Listing General Location:
- 52 - Preston North, 15 - Preston
- Bedrooms:
- 6
- Bathrooms:
- 7.0 (Full:-/Half:-)
- Lot Details:
- 43.67 x
- Lot Frontage:
- 43'8"
- Frontage Type:
- South
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Taxes:
- Signup
- Features:
- Crops Included: No, Garage: No, New Construction: No
- Construction:
- Brick, Block, Concrete
- Basement:
- Full, Unfinished
- Foundation:
- Poured Concrete
- UFFI:
- No
- Roof:
- Flat
- Number of Storeys:
- 2
- Number of Buildings:
- 0
- Total Floor Area:
- 7,412 sq. ft.
- Finished Area Above Grade:
- 7,412 sq. ft.
- Fireplace:
- false
- Laundry Features:
- In-Suite, Other
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- Cooling:
- Central Air, Wall Unit(s)
- Heating:
- Baseboard, Electric, Forced Air, Natural Gas
- Other,4 Stoves, 4 Fridges, 2 Washers, 2 Dryers, Restaurant Chattels, Equipment And Fixtures
- Dryer, Refrigerator, Stove, Washer
- All Tenant Belongings
- Separate Heating Controls, Separate Hydro Meters
- Controlled Entry, Lighting
- false
- No
- Fountain Street to King Street East
- No
- HST Applicable To Sale Price:
- Yes
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee 2:
- Signup
- Association Fee 2 Frequency:
- Signup
- Administrative Fee:
- Signup
- Features:
- Crops Included: No, Garage: No, New Construction: No
- Road Access Fee:
- Signup
- Zoning:
- C1RM2
- Lot Site Features:
- Airport, Highway Access, Hospital, Public Transit, Schools
- Features:
- Crops Included: No, Garage: No, New Construction: No
- # Of Total Parking Spaces:
- 3.0
- # Of Open Parking Spaces:
- 3.0
- Driveway Parking:
- Lane/Alley Parking, Private Drive Single Wide
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Total Units:
- Signup
- Listed Date:
- May 13, 2025
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Listed by RE/MAX SOLID GOLD REALTY (II) LTD.
Data was last updated May 20, 2025 at 05:50 PM (UTC)
- CHRIS GEHL
- RE/MAX SOLID GOLD REALTY
- 1 (226) 3386840
- Contact by Email
RE/MAX Solid Gold Realty
Office Address:
180 Weber Street South
Waterloo, ON, N2J 2B2