$1,695,000
Available - For Sale
Listing ID: X12098869
840-846 King Street East , Cambridge, N3H 3P2, Waterloo
| 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 |
| Price | $1,695,000 |
| Taxes: | $10484.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 840-846 King Street East , Cambridge, N3H 3P2, Waterloo |
| Postal Code: | N3H 3P2 |
| Province/State: | Waterloo |
| Directions/Cross Streets: | LOWTHER ST. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Building Percentage: | T |
| Total Area: | 5817.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Approximatly Age: | 100+ |
| Water Expense: | $2976 |
| Net Income Before Debt: | $69342 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 0 |
| Outside Storage: | F |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | No |
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| RE/MAX TWIN CITY REALTY INC. |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Waterloo |
| Municipality: | Cambridge |
| Neighbourhood: | Dufferin Grove |
| Approximate Age: | 100+ |
| Tax: | $10,484 |
| Fireplace: | N |
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