457 King Street E, Cambridge, Ontario N3H3N1

Listing courtesy of RE/MAX TWIN CITY FAISAL SUSIWALA REALTY.

$899,900
List Price
$899,900
MLS®
40187749
Days on Market
17
Status
ACTIVE
Type
Commercial
Subtype
Other
Lot Size
3,223

Property Description

INVESTMENT OPPORTUNITY AHEAD! 457 King Street E sits directly in front of a public transit stop and sits along the proposed LRT Route making this the ideal location for a business and future tenant. The commercial unit located at the front directly faces high traffic King Street with a projected rent of $2000/MO including utilities (separate meter). The rear portion of the main floor consists of 2 units. A 2-bedroom unit projected to rent for $1600/MO utilities included and a 1-bedroom unit projected to rent for $1550/MO utilities included. Main floor shared laundry and access to the single attached garage. (Both main floor residential units share a meter). The upper level offers a 2-bedroom unit projected to rent for $1650/MO utilities included (above the commercial unit) and (shares the meter with commercial unit). This space is fully renovated with a new hot water radiator system, and a thermostat for each separate apartment. Brand new appliances, street frontage, rare garage parking, minutes to Kitchener, the airport and amenities. (id:2579)

Additional Information

Ownership
Freehold
Garage
Yes
Parking Spaces
2
Levels
2
Country
Canada
Frontage Length
20 ft
Community Features
High Traffic Area
Heating
Hot water radiator heat
Stories
2
Lot Size
3,223
Attached Garage
Yes

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks