660 KING Street, Cambridge, Ontario N3H3N6 is For Sale and has a listing price of 1,575,000. The property is located in the neighbourhood. It's been on the website for 24 Days.
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 (id:43137)
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 01/31/2025 | 40694602 | $1,575,000 | For Sale | - | - |
| 01/31/2025 | 40694619 | $1,575,000 | For Sale | - | - |
| 04/04/2024 | 40556617 | $1,575,000 | For Sale | - | - |
| 04/04/2024 | 40556695 | $1,575,000 | For Sale | - | - |
| 11/15/2023 | 40513454 | $1,600,000 | For Sale | - | - |
| 11/03/2023 | 40508900 | $1,600,000 | For Sale | - | - |
| 07/05/2023 | 40448233 | $1,649,000 | - | - |
