840-846 King Street, Cambridge, ON N3H 3P2

Cambridge N3H 3P2 Ontario

MLS: X12098860

$16,950,003

Added 2 days ago | For Sale

Listed by: RE/MAX TWIN CITY REALTY INC.

About Property

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

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 66.98 X 156.45
  • Water:Municipal
  • Garage Spaces: /Single Detached
  • Driveway:
  • Heating Fuel:
  • Cross Street:LOWTHER ST.
  • Basement: ,
  • Possession Date:FLEXIBLE
  • Annual Property taxes: $10484
  • Bedrooms:
  • Total Parking Spaces:8
  • Parking Places:8
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12098860

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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