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840-846 KING Street E, Cambridge, Ontario, N3H 3P2

MLS® # 40639426
Commercial For Sale In Central Park, Cambridge, Ontario
$1,695,000
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
840-846 King Street E, Cambridge, ON
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ACTIVE
840-846 KING Street E, Cambridge, Ontario, N3H 3P2
$1,695,000

Property Information:

Located in downtown Preston and built in the 1800's stands 840-846 King St E 6 PLEX. Solidly Built mainly with Stone and brick, It's comprised of 2 commercial and 4 apartments on a huge land plot measuring almost 67 ft x 156 ft leaving plenty of room for a possible future expansion out back- (Buyer to conduct their own due diligence). All residential apartments have been updated top to bottom in the last 10 years, all having their own hydro, new kitchens, baths, plumbing, electrical, etc..... 2 gas furnaces heat the entire building ( 4 yrs), 1 water meter. All building and renovation permits have all been completed. New roof in 2014, all main cast iron pluming lines removed, 7 hydro meters including 1 house meter for basement and common halls, all Bavarian windows replaced in 2014, parking for 8 cars. Adjacent vacant land next door also for sale and combined could make this property a larger commercial-multi family investment with current zoning of C1RM2. This property is listed as one of Cambridge Heritage Properties Register (id:27)

Building Features:

  • Style: Office
  • Basement Type: Partial
  • Exterior Finish: Brick, Stone, Vinyl siding
  • Foundation Type: Stone

Property Features:

  • OwnershipType: Freehold
  • Property Type: Office
  • Access Type: Highway access
  • Amenities Nearby: Hospital, Public Transit, Schools
  • Communication Type: High Speed Internet
  • Features: Crushed stone driveway
  • Lot Depth: 156.0 Feet
  • Lot Frontage: 67.0 Feet
  • Utility Type: Telephone - Available, Natural Gas - Available, Hydro - Available
  • Zoning: C1RM2
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage

Courtesy of: RE/MAX TWIN CITY REALTY INC., BROKERAGE

REALTOR.ca  

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Market Price Trends

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Location of 840-846 KING Street E, Cambridge, Ontario, N3H 3P2

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, 840-846 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, 840-846 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 840-846 KING Street E, Cambridge, Ontario, N3H 3P2

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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