We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
660 E KING Street E, CAMBRIDGE
2024-04-04
Quick Summary
- Location
- 660 E KING Street E, CAMBRIDGE, Ontario N3H3N6
- Price
- $1,575,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 7412ft2
- Bedrooms:
- 6
- Bathrooms:
- 7
- Year of Construction:
- 1931
MLS®#40556617
Property Description
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! (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Airport, Golf Nearby, Park, Place of Worship, Public Transit, Schools
Building
- Basement Development: Unfinished
- Basement Type: Full (Unfinished)
- Cooling Type: Central air conditioning, Wall unit
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 7412 sqft
- Stories: 2
- Utility Water: Municipal water
Land
- Land Size: under 1/2 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Zoning
- Description: C1RM2
Information entered by RE/MAX SOLID GOLD REALTY (II) LTD.
Listing information last updated on: 2024-08-29 13:16:42
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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