Cambridge, ON N3H 3P8,1260 King Street
Cambridge, ON N3H 3P8,1260 King Street
Cambridge, ON N3H 3P8,1260 King Street
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Listed by Roy Li • HOMELIFE LANDMARK REALTY INC
$849,900
Est. payment /mo
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4 BD
3 BA
1,550 SqFt
Active

1260 King Street Cambridge, ON N3H 3P8

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UPDATED:

10/27/2024 04:07 AM

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


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Diana Winger

Agent | License ID: BRBM2358

+1(226) 705-3369

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1260 King Street