1260 King Street Active Save Request In-Person Tour Request Virtual Tour
Cambridge,ON N3H 3P8
Key Details
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 1,550 sqft
Price per Sqft $548
MLS Listing ID 40668953
Bedrooms 4
Abv Grd Liv Area 1,550
Originating Board Mississauga
Annual Tax Amount $3,121
Property Description
Great investment opportunity in the heart of Preston. COMM/RES ZONING (C2/RM3). Park 4 cars via right of way off Montrose, 2 separate one-bedroom unit on the main floor, 1 two-bedroom unit on the second floor - completely refinished from top to bottom. 3 new hot water tanks, new forced air furnace, new siding on the upper rear fade, new washer/dryer installed in 2 units, new 200 AMP electrical services. The unit at the front is rented out for $900/month, the unit at the rear is rented out for $1800/month. The two-bedroom unit on the second floor is vacant, and can be rented out for $2300/month. The monthly income when fully rented out is about $5000/month.
Location
Province ON
County Waterloo
Area 15 - Preston
Zoning C2/RM3
Direction Montrose/King
Rooms
Basement Partial,Unfinished
Kitchen 0
Interior
Interior Features None
Heating Forced Air,Natural Gas
Cooling None
Fireplace No
Appliance Dryer,Refrigerator,Stove,Washer
Laundry In-Suite
Exterior
Garage Asphalt,Right-of-Way
Waterfront No
Roof Type Asphalt Shing
Lot Frontage 21.04
Lot Depth 97.0
Parking Type Asphalt,Right-of-Way
Garage No
Building
Lot Description City Lot,High Traffic Area,Library,Place of Worship,Public Transit
Faces Montrose/King
Story 2
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Aluminum Siding,Metal/Steel Siding,Vinyl Siding,Wood Siding,Other
New Construction No
Others
Senior Community No
Tax ID 226480114
Ownership Freehold/None