1260 King Street E Cambridge, Ontario N3H 3P8
$799,900
Great investment opportunity in the heart of Cambridge. COMM/RES ZONING (C2/RM3). 2 separate one-bedroom unit on the main floor, 1 two-bedroom unit on the second floor - completely refinished from top to bottom. Fully rented out with reliable, trustworthy tenants. The monthly rent for the whole property is $5,000. After deducting various expenses (water, electricity, gas, property insurance, internet fees), the monthly net income is $4,182.37, and the annual net income is $50,188.44. Park 4 cars via right of way off Montrose, 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. (id:55499)
Property Details
| MLS® Number | X9510196 |
| Property Type | Multi-family |
| Parking Space Total | 4 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 97 Ft |
| Size Frontage | 21 Ft |
| Size Irregular | 21.04 X 97 Ft |
| Size Total Text | 21.04 X 97 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 4.39 m | 3.05 m | 4.39 m x 3.05 m |
| Second Level | Bedroom | 4.39 m | 3.05 m | 4.39 m x 3.05 m |
| Second Level | Bedroom | 3.71 m | 2.64 m | 3.71 m x 2.64 m |
| Second Level | Kitchen | 6.1 m | 4.09 m | 6.1 m x 4.09 m |
| Main Level | Living Room | 2.79 m | 3.4 m | 2.79 m x 3.4 m |
| Main Level | Bedroom | 3.73 m | 2.87 m | 3.73 m x 2.87 m |
| Main Level | Kitchen | 2.9 m | 3.4 m | 2.9 m x 3.4 m |
| Main Level | Living Room | 2.44 m | 2 m | 2.44 m x 2 m |
| Main Level | Bedroom | 3.96 m | 3.76 m | 3.96 m x 3.76 m |
| Main Level | Kitchen | 1.63 m | 3.4 m | 1.63 m x 3.4 m |
https://www.realtor.ca/real-estate/27579208/1260-king-street-e-cambridge
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April 03 2025 12:40:53
Toronto Real Estate Board
Homelife Landmark Realty Inc.