New ListingLocated in the heart of downtown Preston, in Cambridge, this well-maintained mixed-use property offers a stable, fully leased investment opportunity. The main floor features approximately 4,000 Sq. Ft. of commercial space, occupied by two long-term tenants, providing reliable income. The second floor includes six residential apartments, adding to the asset's diversified revenue stream. With strong in-place tenancy and immediate availability, this property is ideal for investors seeking a turnkey asset in a vibrant, amenity-rich location. (id:13843)
| MLS # | 40873159 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 4 |
| Listing Provided By | CBRE Limited | Nick Pecarski |
| SQ Feet | 8,000 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | C1RM2 |
| Acreage | 0.30 |
| Fireplace Yes / No | No |
|---|
| Lot Features | Visual exposure, Paved driveway |
|---|---|
| Foundation Details | Block |
| Utilities | Natural Gas, Electricity, Telephone |
|---|---|
| Sewer | Municipal sewage system |
| Water Source | Municipal water |
| Tax Annual Amount | 27507.94 |
|---|
| Province | ON |
|---|---|
| City | Cambridge |
| Postal Code | N3H3N8 |
| Community Name | 52 Preston North |
| Listing VS Median (in 52 Preston North) | |
Price: $2,945,000 low | high Med: $580,000 sqft: 8,000 low | high Med: 1,147 $ / sqft: $368 low | high Med: $506 On site: 4 low | high Med: 18 | |
| Province | ON |
|---|---|
| City | Cambridge |
| Postal Code | N3H3N8 |
| Community Name | 52 Preston North |
| Listing VS Median (in 52 Preston North) | |
Price: $2,945,000 low | high Med: $580,000 sqft: 8,000 low | high Med: 1,147 $ / sqft: $368 low | high Med: $506 On site: 4 low | high Med: 18 | |