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Richard Rutkowski

Engel & Völkers

[email protected] +1(905) 876-6660

$ 1,490,000

Est. payment -/mo

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Active

634 King Street E Cambridge, ON N3H 3N6

6,380 SqFt

UPDATED:

02/14/2025 06:14 PM

Key Details

Property Type Multi-Family

Sub Type Multi-5 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 6,380 sqft

Price per Sqft $233

MLS Listing ID 40698835

Abv Grd Liv Area 6,380

Originating Board Waterloo Region

Annual Tax Amount $13,475

Lot Size 5,619 Sqft

Acres 0.129

Property Sub-Type Multi-5 Unit

Property Description

Unique and well maintained mixed-use building positioned perfectly in the heart of downtown Preston in the City of Cambridge. 634 King Street East features 4 fully leased and newly renovated apartments above a 3,317 SF main floor retail space. The ground floor unit is vacant and available to a potential owner occupier that would be interested in establishing their own business in a prime location while receiving stable income from the residential component. The site offers excellent exposure onto King Street and is surrounded by a great mix of retailers, restauranteurs, service providers, banks, public transit and more. There are 8 dedicated parking spaces available to occupants accessible via Laneway 122 off of Argyle Street. Tenants are responsible for their own utility usage, with the retail unit contributing to property taxes and operating expenses. Financials are available upon request and the signing of a Confidentiality Agreement.

Location

Province ON

County Waterloo

Area 15 - Preston

Zoning C1-RM2

Direction King Street E by Westminster

Rooms

Basement Partial, Unfinished

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Forced Air, Radiant

Cooling Other

Fireplace No

Laundry In-Suite

Exterior

Parking Features Gravel

Roof Type Other

Lot Frontage 26.1

Lot Depth 180.0

Garage No

Building

Lot Description City Lot, Public Transit

Faces King Street E by Westminster

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Steel Siding,Stucco

New Construction No

Others

Senior Community false

Tax ID 037820238

Ownership Other

Listed by CUSHMAN & WAKEFIELD WATERLOO REGION LTD.

Richard Rutkowski

License Partner | Broker of Record | License ID: HBRUTKORI

+1(905) 876-6660

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