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660 King Street E, Cambridge, ON, N3H 3N6

MLS® # 40556617
Investment For Sale In Central Park, Cambridge, Ontario
$1,575,000
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
660 King Street E, Cambridge, ON
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Home Insurance - TD Insurance
Get a home insurance quote online for this $1,575,000 property in Cambridge
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $1,575,000 property in Cambridge

Provided by TD Insurance
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ACTIVE
660 King Street E, Cambridge, ON, N3H 3N6
$1,575,000

Property Information:

Fantastic investment opportunity in the heart of Preston. A well-maintained mixed-use building with quality, long term residential and commercial tenants make this a true turn-key future. Current cap rate approx 5.6% with a market rate closer to 8% after future tenant turnover. With 4 residential units and 2 commercial, this building offers a good mix of income streams with great 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. Parking for 3 vehicles out back. Schedule a viewing today!

Inclusions: Other,4 Stoves, 4 Fridges, 2 Washers, 2 Dryers, Restaurant Chattels, Equipment And Fixtures

Exclusions : All Tenant Belongings

Building Features:

  • Floor Space: 7412 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Full, Unfinished
  • Built in: 1931
  • Cooling: Central Air, Wall Unit(s)
  • Driveway Parking: Lane/Alley Parking, Private Drive Single Wide
  • Floor Space (approx): 7412 Square Feet
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Interior Features: Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: In-Suite, Other
  • Lot Features: Irregular Lot, Airport, Ample Parking, Business Centre, City Lot, Near Golf Course, High Traffic Area, Highway Access, Park, Place of Worship, Public Parking, Public Transit, Rec./Community Centre, School Bus Route, Schools
  • Lot Frontage: 43.67 Feet
  • Road Frontage Type: Municipal Road
  • Road Surface Type: Paved
  • Roof: Flat
  • Water Source: Municipal
  • Water Treatment:
  • Zoning: C1RM2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: RE/MAX SOLID GOLD REALTY (II) LTD.

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
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 660 King Street E, Cambridge, ON, N3H 3N6

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, 660 King Street E, 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, 660 King Street E, 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 660 King Street E, Cambridge, ON, N3H 3N6

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$98,285.12

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.7 %

High school certificate or equivalent

33.48 %

Apprenticeship trade certificate/diploma

7.07 %

College/non-university certificate

27.37 %

University Degree

15.39 %

Commuter

Travel To Work

By Car

87.55 %

By Public Transit

4.56 %

By Walking

3.42 %

By Bicycle

0.0 %

By Other Methods

4.47 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.37 %

Houses

58.63 %

Own Vs. Rent

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