660 KING Street E
Cambridge
N3H 3N6
$1,499,999
Multi-family
beds: 6
baths: 7.0
7,412 sq. ft.
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- 40727494
- Bedrooms:
- 6
- Bathrooms:
- 7
- Photos (35)
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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:2493)
- Property Type:
- Multi-family
- Common Interest:
- Freehold
- Total Living Area:
- 7,412 sq. ft.
- Finished Area Above Grade:
- 7,412 sq. ft.
- Zoning:
- C1RM2
- Taxes:
- $11,618.2 / -
- Community:
- 52 - Preston North
- Exterior Features:
- Concrete, Brick
- Bedrooms:
- 6
- Bathrooms:
- 7.0
- Construction Material:
- Concrete block, Concrete Walls
- Cooling:
- Central air conditioning, Wall unit
- Fireplace:
- No
- Foundation:
- Poured Concrete
- Heating:
- Baseboard heaters, Forced air, Electric, Natural gas
- # Storeys:
- 2.0
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Basement:
- Unfinished, Full
- Lot Frontage:
- 44'
- Total Parking Spaces:
- 3
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Listed by RE/MAX SOLID GOLD REALTY (II) LTD.
Data was last updated May 14, 2025 at 12:45 PM (UTC)
- Hesham Hraiki
- The Agency
- 1 (519) 9339999
- Contact by Email
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