660 King Street E, Cambridge Property Listing: MLS® #40827597

About 660 King Street E

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:36535)

Features of 660 King Street E

Listing #	40827597
Price	$1,449,999
Bathrooms	0.00
Square Footage	7,412
Acres	0.00
Year Built	1931
Type	Other
Sub-Type	Freehold

Community Information

Address	660 King Street E
Subdivision	52 - Preston North
City	Cambridge
Province	Ontario
Postal Code	N3H3N6

Amenities

Amenities	Airport, Hospital, Public Transit, Schools
Utilities	Electricity, Natural Gas, Telephone
Features	Visual exposure, Crushed stone driveway
Is Waterfront	No
Has Pool	No

Interior

Fireplace	No
# of Stories	2
Has Basement	Yes
Basement Type	Full

Exterior

Exterior	Brick Veneer, Concrete
Construction	Concrete block, Concrete Walls
Foundation	Poured Concrete

Listing Details

Office	Courtesy Of RE/MAX SOLID GOLD REALTY (II) LTD.

660 King Street E, Cambridge, Ontario