A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 660 King St, Cambridge Ontario N3H 3N6
1 day on Market

660 King St, Cambridge, Ontario N3H 3N6

Townhouse
6
7
~5000+ sqft
$1,575,000
Get pre-approvedPowered by Rocket Mortgage
Buy with Wahi to get
Up to
$7,875Cashback
Townhouse
6
7
~5000+ sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$158/sqft

Est. Mortgage$6,764/mo

Tax Amount (2024)$11,618/yr

Days On Market1 day


Description

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


Property Details

Style2-Storey
View-
Age of property100+
SqFt~5000+ SqFt
Lot Size6,344 SqFt(145.29 x 43.67)
Parking Spaces3
MLS ®NumberX11948596
Community NameCentral Park
Data SourceTRREB
Listing byRE/MAX Solid Gold Realty (II) Ltd

Features

Heating: Forced Air
Cooling: Other
Basement: Full, Unfinished

Features

Lot size: 6,344 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by RE/MAX Solid Gold Realty (II) Ltd, Brokerage

Get up to 0.5% cashback when you buy your dream home with Wahi Cashback

Cashback Banner Image

A new way to buy a home that puts cash back in your pocket.

  • Our in-house Realtors do more deals and bring that negotiating power into your corner
  • We leverage technology to get you more insights, move faster and simplify the process
  • Our digital business model means we pass the savings onto you, with up to 0.5% cashback on the purchase of your home

Population and Demographics

Overview

Total population 8915
Average household income $101,055

Age (%)

50 to 64
21%
65 and plus
21%
20 to 34
21%
0 to 19
18%
35 to 49
18%

Household composition (%)

Single family
56%
Single person
38%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
91%
Others
4%
Portuguese
2%
French
1%

House tenancy (%)

Owners
54%
Renters
46%

Schools and amenities

Estimated Budget