A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 660 King St, Cambridge Ontario N3H 3N6
Re-listed 2 hours ago

660 King St, Cambridge, Ontario N3H 3N6

Other
-
-
~7412 sqft
$•••,•••
$1,499,999
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Other
-
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~7412 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$202/sqft

Est. Mortgage$6,442/mo

Tax Amount (2025)$11,618/yr

Days On Market2 hours

Total Days On Market102 days


Description

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


Property Details

StyleRetail
View-
Age of property-
SqFt~7412 SqFt
Lot Size6,380 SqFt(145 x 44)
Parking Spaces3
MLS ®NumberX12144587
Community NameCentral Park
Data SourceTRREB
Listing byRE/MAX Solid Gold Realty (II) Ltd

Features

Heating: Gas Forced Air Closd
Cooling: Part
Basement: Y

Features

Lot size: 6,380 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by RE/MAX Solid Gold Realty (II) Ltd, Brokerage

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Market Data - Central Park

Geo Zone Map ThumbnailCentral Park

Balanced Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2024

10 days

2023

13 days

2022

8 days

New Listings

Past 30 days

25 listings

Compared to

2024

22 listings

2023

18 listings

2022

26 listings

Units sold

Past 30 days

9 units

Compared to

2024

14 units

2023

16 units

2022

16 units

Median Sold Price

Past 30 days

$538,500

Compared to

2024

$730,500

2023

$650,000

2022

$745,500


Population and Demographics

Overview

Total population 8915
Average household income $101,055

Age (%)

50 to 64
21%
65 and plus
21%
20 to 34
21%
0 to 19
18%
35 to 49
18%

Household composition (%)

Single family
56%
Single person
38%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
91%
Others
4%
Portuguese
2%
French
1%

House tenancy (%)

Owners
54%
Renters
46%

Schools and amenities

Transportation Scores

Estimated Budget