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$ 1,100,000
Est. payment /mo
New
457 King ST E Cambridge, ON N3H 3N1
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
MLS Listing ID X12232101
Style 2-Storey
Bedrooms 5
Annual Tax Amount $7,738
Tax Year 2024
Property Sub-Type Multiplex
Lot Depth 162.56
Lot Front 20.01
Property Description
Welcome to 457 King Street East, Cambridge! An exceptional turnkey investment opportunity awaits the savvy investor. Ideally situated in a central location, this property offers excellent access to public transit and sits along the proposed LRT route through Cambridge. This mixed-use building features three residential units (currently vacant) and one tenanted commercial space, offering tremendous upside potential through lease-up and rent optimization. Recently renovated from top to bottom, the property includes a new hot water radiator system with individual thermostats for each unit, as well as new appliances throughout. Located on high-visibility King Street, this property offers outstanding exposure perfect for long-term value and strong future income potential. Opportunities like this don't come often. Book your private showing today and unlock the full potential of 457 King Street East!
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Partial Basement, Unfinished
Kitchen 2
Interior
Interior Features Carpet Free
Heating Yes
Cooling None
Fireplace No
Heat Source Other
Exterior
Parking Features None
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 20.01
Lot Depth 162.56
Total Parking Spaces 1
Building
Foundation Poured Concrete
Listed by RE/MAX TWIN CITY REALTY INC.