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457 King Street E Cambridge, Ontario N3H 3N1

5 Bedroom 3 Bathroom 3026
None Hot Water Radiator Heat

$899,900

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:40058)

Property Details

MLS® Number 40187768
Property Type Multi-family
Amenities Near By Hospital, Public Transit, Schools, Shopping
Community Features High Traffic Area
Equipment Type Water Heater
Features Laundry- Coin Operated
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Total 5
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type None
Exterior Finish Brick, Stucco
Fire Protection None
Foundation Type Poured Concrete
Heating Type Hot Water Radiator Heat
Stories Total 2
Size Interior 3026
Type Triplex
Utility Water Municipal Water

Parking

Attached Garage

Land

Access Type Highway Access, Highway Nearby
Acreage No
Land Amenities Hospital, Public Transit, Schools, Shopping
Size Depth 163 Ft
Size Frontage 20 Ft
Size Total Text Under 1/2 Acre
Zoning Description C1rm2

https://www.realtor.ca/real-estate/23829488/457-king-street-e-cambridge

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