$1,499,999
bed
0bath660 King Street, Cambridge, ON N3H 3N6
Price Comparison
Property Description
Property type
Investment
Lot size
N/A
Style
Approx. Area
N/A
About 660 King Street
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
Home Overview
Last updated
May 20
Virtual tour
None
Basement information
Building size
7412
Status
In-Active
Property sub type
Investment
Maintenance fee
$N/A
Year built
2025
Additional Details
MORTGAGE INFO
ESTIMATED PAYMENT
Location
Some information about this property - King Street
Book a Showing
Find your dream home ✨
I agree to receive marketing and customer service calls and text messages from homepapa. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.
Similar Investment in Cornwall with bedrooms
0
0
0
0
0
0
0