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About the Listing WR50869 - KWKW8772
Rates are coming down and this cap-rate is going up! Currently operating at approx. 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
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full
- Other: High Speed Internet
- Water: Municipal
Exterior Details
- Lot Description: 47.82 ft x 1.25 ft x 47.38 ft x 43.67 ft x 145.29,Irregular Lot,Airport,Business Centre,City Lot,High Traffic Area,Highway Access,Hospital,Public Transit,Schools,Visual Exposure
- Garage Capacity: N/A
- Lot Dimensions: 43.67 x
- Zoning: C1RM2
- Roof:
- Others:
- Sewer: Sewer (Municipal)
- Parking Features: Concrete,Gravel
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 037820246
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
660 King St E Cambridge, ON N3H 3N6
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