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Key Facts
Key facts for 660 King Street E
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 3 parking
MLS #
X11948596
Size
5000 + sqft
Basement
Full,Unfinished
Listed on
2025-01-31
Lot size
44 x 145.29
Tax
$11,618.20 /yr
Days on Market
221
Approximate Age
51-99
Maintenance Fee
-
Description
SPRING SALE! Fantastic investment opportunity in the heart of Preston. With new investment happening all around and a plan for future LRT nearby, this well maintained 7,412 sqft mixed-use building with quality, long term residential and commercial tenants is a true turn-key opportunity. With mortgag...e rates continually dropping, this investment currently operates at approx. 6.15% Cap Rate with a market-rate potential closer to 8.59%. With 4 residential units and 2 commercial, this building offers a good mix of income streams with fantastic upside potential. 2- two bedroom units and 2 - one bedroom units on the upper levels. Main floor commercial with great street exposure and long term leases. Potential for additional storage income. Equipment is all owned, no rentals. Appliances included. Schedule a viewing today
