660 King St E

Cambridge | | N3H 3N6
  • 7412.0 sqft
  • 0 gar

$1,575,000

Est. Mtg $5,340 /mo
  • Days on market

    64

  • Status

    A

Listing Broker RE/MAX Solid Gold Realty (II) Ltd
Since listed: 1 views

Home details

MLS #:

X11948592

Property type:
Investment
Style:
Taxes:
$11,618
Possession:
FLEXIBLE
Condo Fee:
Lot Size:
43.68 X 145.29
Zoning:
C1RM2
Use:
Heat:
Gas Forced Air Open

Description


660 King St E, , Cambridge, Ontario is a Investment property in Cambridge and in the community in the N3H 3N6 postal code


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.

Extras

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Payment calculator

$6308 monthly. In association with: TD Bank
%
  • Principal and Interest
    5340 /mo
  • Property Taxes
    $968 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Hamid Shahsavar, Realtor

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