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457 KING Street E, Cambridge, ON, N3H 3N1
MLS® # 40187768
Investment For Sale In Central Park, Cambridge, Ontario
$899,900
457 King Street E, Cambridge, ON - Outdoor
457 King Street E, Cambridge, ON - Outdoor
457 King Street E, Cambridge, ON - Outdoor
457 King Street E, Cambridge, ON - Indoor
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Kitchen
457 King Street E, Cambridge, ON - Indoor Photo Showing Kitchen
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Bathroom
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Kitchen
457 King Street E, Cambridge, ON - Indoor Photo Showing Kitchen
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Bathroom
457 King Street E, Cambridge, ON - Indoor Photo Showing Laundry Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Kitchen
457 King Street E, Cambridge, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Bathroom
457 King Street E, Cambridge, ON - Other
457 King Street E, Cambridge, ON - Other
Virtual Tour
Virtual Tour
457 King Street E, Cambridge, ON  - Outdoor
457 King Street E, Cambridge, ON  - Outdoor
457 King Street E, Cambridge, ON  - Outdoor
457 King Street E, Cambridge, ON  - Indoor
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Kitchen
457 King Street E, Cambridge, ON - Indoor Photo Showing Kitchen
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Bathroom
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Kitchen
457 King Street E, Cambridge, ON - Indoor Photo Showing Kitchen
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Bathroom
457 King Street E, Cambridge, ON - Indoor Photo Showing Laundry Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Kitchen
457 King Street E, Cambridge, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Other Room
457 King Street E, Cambridge, ON - Indoor Photo Showing Bathroom
457 King Street E, Cambridge, ON - Other
457 King Street E, Cambridge, ON - Other
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457 KING Street E, Cambridge, ON, N3H 3N1
$899,900

Property Information:

INVESTMENT OPPORTUNITY AHEAD! 457 King Street E sits directly in front of a public transit stop and sits along the proposed LRT Route making this the ideal location for a business and future tenant. The commercial unit located at the front directly faces high traffic King Street with a projected rent of $2000/MO including utilities (separate meter). The rear portion of the main floor consists of 2 units. A 2-bedroom unit projected to rent for $1600/MO utilities included and a 1-bedroom unit projected to rent for $1550/MO utilities included. Main floor shared laundry and access to the single attached garage. (Both main floor residential units share a meter). The upper level offers a 2-bedroom unit projected to rent for $1650/MO utilities included (above the commercial unit) and (shares the meter with commercial unit). This space is fully renovated with a new hot water radiator system, and a thermostat for each separate apartment. Brand new appliances, street frontage, rare garage parking, minutes to Kitchener, the airport and amenities.

Inclusions: NONE

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement Finish: Unfinished
  • Basement Type: Partial Basement
  • Construction Materials: Brick, Stucco (Plaster)
  • Features Area Influences: Downtown, High Traffic Area, Highway Access, Hospital, Library, Major Highway, Public Parking, Public Transit, Schools, Shopping Nearby
  • Floor Space (approx): 3026.00 Square Feet
  • Foundation Detail: Poured Concrete
  • Heating: Water Radiators
  • Interior Features: Other (see remarks)
  • Laundry Features: Coin Operated, Common Area
  • Lot Depth: 162.56 Feet
  • Lot Frontage: 20.01 Feet
  • Roof: Asphalt Shing
  • Security Features: None
  • Under Contract: Hot Water Heater
  • Water Source: Municipal
  • Zoning: C1RM2
  • Sewer: Other
  • No. of Parking Spaces: 2

Courtesy of: RE/MAX TWIN CITY FAISAL SUSIWALA REALTY

Data provided by: Cambridge Association of REALTORS® Inc. 2040 Eagle St. N., Cambridge, Ontario N3H 0A1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Market Price Trends

Location of 457 KING Street E, Cambridge, ON, N3H 3N1

Demographic Information of 457 KING Street E, Cambridge, ON, N3H 3N1

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$75,433.67

Average Number of Children

0.86

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.23 %

High school certificate or equivalent

33.31 %

Apprenticeship trade certificate/diploma

6.36 %

College/non-university certificate

22.64 %

University certificate (below bachelor)

2.17 %

University Degree

10.8 %

Commuter

Travel To Work

By Car

87.31 %

By Public Transit

4.13 %

By Walking

2.87 %

By Bicycle

0.0 %

By Other Methods

5.69 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.74 %

Houses

39.95 %

Own Vs. Rent