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1260 King Street, Cambridge, ON, N3H 3P8

MLS® # 40668953
new listing
Investment For Sale In Central Park, Cambridge, Ontario
$849,900
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
1260 King Street, Cambridge, ON
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Home Insurance - TD Insurance

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ACTIVE
1260 King Street, Cambridge, ON, N3H 3P8
$849,900

Property Information:

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.

Inclusions: None,3 New Hot Water Tanks, 3 Stoves, 3 Fridges, 2 Combo Washer/Dryers.

Building Features:

  • Floor Space: 1550 Square Feet

Property Features:

  • Bedrooms: 4
  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Construction Materials: Aluminum Siding, Metal/Steel Siding, Vinyl Siding, Wood Siding, Other
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 1550 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In-Suite
  • Lot Depth: 97 Feet
  • Lot Features: City Lot, High Traffic Area, Library, Place of Worship, Public Transit
  • Lot Frontage: 21.04 Feet
  • Parking Features: Asphalt, Right-of-Way
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: C2/RM3
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: HOMELIFE LANDMARK REALTY INC

Data provided by: Mississauga Real Estate Board 3450 Ridgeway Dr. #1, Mississauga, Ontario L5L 0A2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 1260 King Street, Cambridge, ON, N3H 3P8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 1260 King Street , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 1260 King Street , experiences 11 significant 2-day storms per year, with about 321.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 396.7mm of precipitation per year.

Precipitation Per Storm

Past
321.4mm
2050
396.7mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1260 King Street, Cambridge, ON, N3H 3P8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$95,922.42

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.86 %

High school certificate or equivalent

39.64 %

Apprenticeship trade certificate/diploma

6.15 %

College/non-university certificate

21.78 %

University certificate (below bachelor)

0.6 %

University Degree

6.96 %

Commuter

Travel To Work

By Car

84.79 %

By Public Transit

6.48 %

By Walking

3.88 %

By Bicycle

0.0 %

By Other Methods

4.85 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

44.74 %

Houses

55.26 %

Own Vs. Rent

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