
660 KING Street E, Cambridge, Ontario
$1,499,999
- 6 Beds
- 7 Baths
- 7,412 Square Feet
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! (id:23309)
- Listing ID: 40727494
- Property Type: Multi-family
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This property for sale is located at 660 KING Street E in Cambridge. It was last modified on May 13th 2025. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Cambridge properties for sale.
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