24
  • X12144587
  • MLS® Number
  • Property Type
  • Investment, Commercial
  • Acres
  • Land Area
  • 7412 Sqft
  • Area Size

660 King E Street, Cambridge, ON N3H 3N6

  • $1,499,999

Description

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

Details

MLS® Number X12144587
Property Size 7412 Sqft
Updated on May 20, 2025 at 7:12 pm

Additional details

  • Utilities: Yes
  • Sewer: Sanitary+Storm
  • Cooling: Partial
  • County: Waterloo
  • Property Type: Commercial Sale
  • Community Features: Major Highway,Public Transit

Address

  • Address: 660 King E Street
  • City: Cambridge
  • State/county: ON
  • Zip/Postal Code: N3H 3N6
  • Country: CA

Contact Information

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