For Sale

840-846 King Street, Cambridge, Ontario N3H 3P2

$0

840-846 King Street, Cambridge, Ontario N3H 3P2 is For Sale and has a listing price of 1,695,000. The property is located in the Cambridge . It's been on the website for 151 Days.

  • Investment
    Property Type
  • MLS ID: X12098860
  • Office Name RE/MAX TWIN CITY REALTY INC.
Property Description

Located in downtown Preston and built in the 1800’s stands 840-846 King St E 6 PLEX. Solidly Built mainly with Stone and brick, It’s comprised of 2 commercial and 4 apartments on a huge land plot measuring almost 67 ft x 156 ft leaving plenty of room for a possible future expansion out back- (Buyer to conduct their own due diligence). All residential apartments have been updated top to bottom in the last 10 years, all having their own hydro, new kitchens, baths, plumbing, electrical, etc….. 2 gas furnaces heat the entire building ( 4 yrs), 1 water meter. All building and renovation permits have all been completed. New roof in 2014, all main cast iron pluming lines removed, 7 hydro meters including 1 house meter for basement and common halls, all Bavarian windows replaced in 2014, parking for 8 cars. Adjacent vacant land next door also for sale and combined could make this property a larger commercial-multi family investment with current zoning of C1RM2. This property is listed as one of Cambridge Heritage Properties Register

Property Details
  • MLS ID: X12098860
  • Price: $1,695,000
  • Lot Depth: 156.45
  • Transaction Types: For Sale
  • Ref ID: X12098860
  • Year Built: N/A
  • Dir / Cross St: LOWTHER ST.
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
04/23/2025 X12098860 $1,695,000 For Sale - -
04/23/2025 X12098869 $1,695,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cambridge
  • $883,854 Average List Price
    based on 1 year
  • 466 New Listings
    based on 30 days
  • 66 Median Days on Market
    based on 1 year
  • List vs. Selling Price 109.73 % Up
  • Sold (12mo) 955
  • Rented (12mo) 304

  • 1 Month Change -31.1%
  • 3 Month Change -19.9%
  • 6 Month Change -8.7%
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Single Detached
  • Parking Spaces: 8
  • Taxes: $10,484
  • Last Status Y
  • Original Price: $16,950,003
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: FLEXIBLE
  • Listing Entry Date: 23/04/2025 16:45:45
Want to see this property?