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$XXX,XXX
Status: OFF MARKET
Fantastic investment opportunity in the heart of Preston. A well-maintained mixed-use building with quality, long term residential and commercial tenants make this a true turn-key future. Current cap rate approx. 5.6% with a market rate closer to 8% after future tenant turnover. With 4 residential units and2 commercial, this building offers a good mix of income streams with great 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. Parking for 3 vehicles out back. Schedule a viewing today!
| Property Type | :Commercial |
|---|---|
| MLS Number | :X8212556 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :08 Apr, 2024 (211 Days ago) |
| Source | :TRREB |
| Area | :Waterloo |
|---|---|
| Postal Code | :
N3H 3N6
|
| Price | : $1,600,000 |
|---|---|
| Property Taxes | :$11321.24 |
| Tax Year | :2023 |
|---|
| Cross Street | :Westminster Drive S |
|---|
| Fireplace/Stove | :No |
|---|
16 Nov, 2023
TREB #X7302496
Available
$1600000.0
