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$1,499,999
Ontario,Cambridge
For Sale Active
660 KING Street E, Cambridge, Ontario N3H3N6
  • 6
  • 4
  • 7,412 Sqft
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Basic Details
Description

Rates are coming down and this cap-rate is going up! Currently operating at a 6.88% cap-rate with market potential closer to 8.73% – it’s hard to find buildings cash flowing like this one! This fantastic investment opportunity is 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 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. The Main floor commercial offers 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:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 40827594
  • Price: $1,499,999
  • Bedrooms: 6
  • Bathrooms: 4
  • Square Footage: 7,412 Sqft
  • Year Built: 1931
  • Status: Active
  • Property Sub Type: Multi-family
  • Office Key: 299554
Features & Appliances
Features
  • Heating System: Electric, Forced air, Natural gas, Baseboard heaters
  • Cooling System: Central air conditioning, Wall unit
  • Basement: Full, Unfinished
  • Parking: Open
  • Exterior Features: Brick Veneer
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Cambridge, 52 - Preston North, N3H3N6
  • Street: KING
  • Street Number: 660
  • Street Suffix: Street
  • Longitude: W81° 38' 28.2''
  • Latitude: N43° 23' 44.7''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Number Of Units Total: 4
  • Stories: 2.0
Financial
  • Tax Annual Amount: 12488.69
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Listing updated: 2026-05-09 03:01:26
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Listing Information
  • List Agent Key: 1993299
  • List Office Key: 299554
  • Modification Timestamp: 2026-05-06T16:26:16Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-05-06T16:20:02Z
Powered by REALTOR.ca
Listing updated: 2026-05-09 03:01:26
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