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Listed price in listed location currency (CAD).
$1,499,999

643

MLS® 40827594

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 7412 sqft
Garage 
Taxes $12,489
Days Active 29
Lot Size 
Approx. Age 1931
Avg. Price Per Sqft $202
MLS® Number 40827594

Property Address: 660 King St E, Cambridge, ON, N3H3N6

Average square foot calculated using Size range provided by listing agent.

Description

Rates are coming down and this cap-rate is going up! Currently operating at a 6.88% cap-rate with market potential closer to 8.73% - it's hard to find buildings cash flowing like this one! This fantastic investment opportunity is in the heart of Preston with new investment happening all around and a plan for future LRT nearby. This well maintained 7, 412 sqft mixed-use building with quality, long term residential and commercial tenants is a true turn-key opportunity. With 4 residential units and 2 commercial, this building offers a good mix of income streams with fantastic upside potential. 2- two bedroom units and 2 - one bedroom units on the upper levels. The Main floor commercial offers great street exposure and long term leases. Potential for additional storage income. Equipment is all owned, no rentals. Appliances included. Schedule a viewing today
MLS® Number40827594
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1931
BasementFull, Unfinished
DrivewayConcrete, Gravel
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $1,499,999

For Sale · 29 days

$1,499,999

MLS® 40827594

A month ago

Not Sold Yet

May 2026, For Sale for $1,499,999

For Sale · 29 days

$1,499,999

MLS® 40827594

A month ago

Not Sold Yet

December 2025, Expired for $1,499,999

Expired · 95 days

$1,499,999

MLS® 40767242

6 months ago

Canceled on Dec 13, 2025

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