$849,900 FOR SALE

Triplex

Bedrooms: 4Bathrooms: 3Lot: 21 x 97 ft

1260 King Street
Cambridge, ON N3H 3P8

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 rented out for $2300/month. The monthly income for the whole property is $5000/month. (id:47423)

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Listed By HOMELIFE LANDMARK REALTY INC
Data Provided By Cornerstone - Mississauga
MLS® Listing Number 40668953
Last Updated Nov 09, 2024
Property Summary
Property Type Triplex

More like this:
Subdivision 53 - Preston South
Price History
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Detailed Information
Bedrooms 4
Bathrooms 3
Lot 21 x 97 ft
Amenities Nearby Place of Worship, Public Transit
Community Features High Traffic Area
Features Paved driveway
Listing Contract Date 2024-10-24
Location Description Montrose/King
Ownership Type Freehold
# of Parking Spaces 4
Property Type Multi-family
Transaction Type For sale
Zoning Description C2/RM3
Building
Basement Development Unfinished
Basement Type Partial (Unfinished)
Construction Material Wood frame
Cooling Type None
Exterior Finish Aluminum siding, Metal, Other, Vinyl siding, Wood
Foundation Type Stone
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type Triplex
Utility Water Municipal water
Land
Total Size under 1/2 acre
Amenities Place of Worship, Public Transit
Sewer Municipal sewage system

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