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753-757 King St E 6 Unit Apartment Building $2,434,298 USD ($405,716 USD/Unit) Cambridge, ON N3H 3N8

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EXECUTIVE SUMMARY

Situated in the vibrant core of downtown Preston, this well-maintained mixed-use property presents a turnkey investment with strong, stable returns. The ground level offers approximately 4,000 sq. ft. of commercial space, currently leased to two long-standing tenants, ensuring consistent income. Above, the second floor features six fully occupied residential apartments, providing a diversified revenue stream.
With all units leased and immediate income in place, this property is ideal for investors seeking a hassle-free asset in a thriving, amenity-rich location.

PROPERTY FACTS

Price $2,434,298 USD
Price Per Unit $405,716 USD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.29 AC
Building Size 10,680 SF
No. Stories 2
Year Built/Renovated 1906/2018
Zoning C1RM2 - General Commercial

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector
Walk Score®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38181415

  • Date on Market: 10/23/2025

  • Last Updated:

  • Address: 753-757 King St E, Cambridge, ON N3H 3N8

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