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660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge
  • 660 KING Street E Cambridge

660 KING Street E, Cambridge, Ontario

$1,499,999

  • 7 Beds
  • 7 Baths
  • 7,412 Square Feet

Rates are coming down and this cap-rate is going up! 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. 6.08% 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. One of the 1-bedroom units will be vacating end of September, allowing market rate for new rent bringing the potential cap rate to 6.66%! 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: 40767242
  • Property Type: Multi-family
  • Year Built: 1931

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Details

  • Amenities Nearby: Airport, Golf Nearby, Park, Place of Worship, Public Transit, Schools
  • Community Features: High Traffic Area, Community Centre, School Bus
  • Ownership: Freehold
  • Parking Spaces: 3
  • Transaction: For sale
  • Zoning Description: C1RM2

Building

  • BasementType: Full (Unfinished)
  • Basement Development: Unfinished
  • Constructed Date: 1931
  • Cooling: Central air conditioning, Wall unit
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Bathrooms (Total): 7
  • Heating: Baseboard heaters, Forced air
  • Heating Fuel: Electric, Natural gas
  • Size Interior: 7412 sqft
  • Stories Total: 2
  • Utility Water: Municipal water

Land

  • Access Type: Road access, Highway access
  • Amenities: Airport, Golf Nearby, Park, Place of Worship, Public Transit, Schools
  • Sewer: Municipal sewage system
  • Size Frontage: 44 ft

This property for sale is located at 660 KING Street E in Cambridge. It was last modified on September 8th 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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