Maximum 4 project can be compared at one go.
$849,900
Status: For Sale
Great investment opportunity in the heart of Preston. COMM/RES ZONING (C2/RM3). Park 4 cars via right of way off Montrose, 2 separate one-bedroom unit on the main floor, 1 two-bedroom unit on the second floor - completely refinished from top to bottom. 3 new hot water tanks, new forced air furnace, new siding on the upper rear fade, new washer/dryer installed in 2 units, new 200 AMP electrical services. The unit at the front is rented out for $900/month, the unit at the rear is rented out for $1800/month. The two-bedroom unit on the second floor is vacant, and can be rented out for $2300/month. The monthly income when fully rented out is about $5000/month.
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40668953 |
| Listing Type | :Sale |
| Property Age | :Unknown years |
| Possession Date | : |
| Last Updated | :27 Oct, 2024 (10 Days ago) |
| Source | :Mississauga |
| Area | :Waterloo |
|---|---|
| City | :Cambridge |
| Area Major | :15 - Preston |
| Area Minor | :53 - Preston South |
| Postal Code | :
N3H 3P8
|
| Directions | :Montrose/King |
| Price | : $849,900 |
|---|---|
| Property Taxes | :$3121.52 |
| Tax Year | :2024 |
|---|
| Bedrooms | :4 + |
|---|---|
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :Montrose/King |
| Bathrooms | :3 |
|---|---|
| Approx Square Footage | :1550 sqft |
| Parking Space | :4 |
|---|---|
| Basement | :Partial |
| Library | :Library |
|---|
27 Oct, 2024
TREB #40668953
Listed
$849900
