$799,900
 $4,294 est/mo Sourced by Back At You

1260 King Street , Cambridge, ON N3H3P8

Cambridge, ON N3H3P8

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Description

Great investment opportunity in the heart of Cambridge. COMM/RES ZONING (C2/RM3). 2 separate one-bedroom unit on the main floor, 1 two-bedroom unit on the second floor - completely refinished from top to bottom. Fully rented out with reliable, trustworthy tenants. The monthly rent for the whole property is $5,000. After deducting various expenses (water, electricity, gas, property insurance, internet fees), the monthly net income is $4,182.37, and the annual net income is $50,188.44. Park 4 cars via right of way off Montrose, 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. (id:13843)

Details

MLS#40668953
Listing TypeFor Sale
StyleTown House
StatusActive
Days On Site173
Listing Provided ByHOMELIFE LANDMARK REALTY INC | Roy Li

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet1,550
BasementY
Story(s)2
Units3
ZoningC2/RM3
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Listings Checked: 1 minute ago
ProvinceON
CityCambridge
Postal CodeN3H3P8
Community Name53 Preston South
Listing VS Median (In 53 Preston South)
Price:
$799,900
low | high
Med:
$733,950
58.244780597575% of Average
SqFt:
1,550
low | high
Med:
2,072
16.322580645161% of Average
$ / SqFt:
$516
low | high
Med:
$354
81.329633321703% of Average
On site:
173
low | high
Med:
18.500000
100% of Average
Sourced by Back At You
Listing Updated: April 1, 2025 at 2:43:15 PM PDT