$1,499,999
9.57 BTC
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660 King Street, Cambridge
$1,499,999
PRICE
6
BEDROOMS
7
BATHROOMS
X12144573
MLSID

660 King Street, Cambridge

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
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Summary

Address
660 King Street
MLSID
X12144573
Property Type
Multiplex
Property Category
Bedrooms
6
Bathrooms
7
Kitchens
5
Zoning
C1RM2
Taxes (Annual)
$11,618.20
Tax Year
2025
Published
May 13, 2025
Days on Market
82 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

4 STOVE,4 FRIDGE,2 WASHER 2 DRYER, RESTAURANT CHATTELS,EQUIPMENT AND FIXTURES

Exclusions

ALL TENANT BELONGINGS

Details

Property Features
Hospital, Level, Park, Place Of Worship, Public Transit, Rec./Commun.Centre
Security Features
Security System
Bathroom 1
3-Piece Second Level
Bathroom 2
4-Piece Second Level
Bathroom 3
2-Piece Main Level
Parking Spaces
3
Parking Total
3
Parking Features
Lane
Architectural Style
2-Storey
Roof
Flat
Construction Materials
Brick
Lot Width
44 Feet
Lot Depth
145 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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