1260 KING Street Active

Cambridge,ON N3H3P8

$ 849900

4 Beds

3 Baths

1550 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,550 sqft

Price per Sqft $548

Subdivision 53 - Preston South

MLS Listing ID 40668953

Bedrooms 4

Originating Board Cornerstone - Mississauga

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 rented out for $2300/month. The monthly income for the whole property is $5000/month. (id:24570)

Location

Province ON

Interior

Heating Forced air,

Cooling None

Exterior

Garage No

Community Features High Traffic Area

Waterfront No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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