- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 40715359
- Photos (43)
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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 Type:
- Commercial Sale
- Property SubType:
- Mixed, Building and Land
- Listing General Location:
- 52 - Preston North, 15 - Preston
- Bedrooms:
- 0
- Bathrooms:
- - (Full:-/Half:-)
- Lot Details:
- 66.98 x 156.45
- Lot Depth:
- 156'5"
- Lot Frontage:
- 66'11¾"
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Taxes:
- Signup
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
- Construction:
- Brick, Stone, Vinyl Siding
- Basement:
- Partial
- Foundation:
- Stone
- Number of Storeys:
- 3
- Total Floor Area:
- 5,817 sq. ft.
- Fireplace:
- false
- Water Supply:
- Municipal
- Sewer:
- Sewer (Municipal)
- All Tenants Belongings
- High Speed Internet
- false
- No
- BISHOP ST. N. TO KING ST. E.
- No
- Carbon Monoxide Detector(s)
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee 2:
- Signup
- Association Fee 2 Frequency:
- Signup
- Administrative Fee:
- Signup
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
- Road Access Fee:
- Signup
- Electric Expense:
- $1,288.57
- Insurance Expense:
- $7,012.43
- Expenses:
- Actual
- Heating Expense:
- $4,116.96
- Net Income:
- $69,342.02
- Zoning:
- C1RM2
- Utilities:
- Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
- Lot Site Features:
- Rectangular, Ample Parking, Business Centre, City Lot, Highway Access, Hospital, Public Transit, Schools
- Features:
- Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
- Garage Spaces:
- 1.0
- Parking Places Covered:
- 1.0
- Parking:
- Detached Garage, Gravel
- # Of Open Parking Spaces:
- 7.0
- # Commercial Doors:
- 0
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Residential Units:
- 4
- Num Retail Units:
- 2
- Num Studio Units:
- 0
- Total Units:
- Signup
- Listed Date:
- Apr 22, 2025
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Listed by RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
Data was last updated August 30, 2025 at 09:50 PM (UTC)
Area Statistics
- Listings on market:
- 13
- Avg list price:
- $899,900
- Min list price:
- $399,900
- Max list price:
- $6,900,000
- Avg days on market:
- 16
- Min days on market:
- 1
- Max days on market:
- 185
- Avg price per sq.ft.:
- $478.92
These statistics are generated based on the current listing's property type
and located in
15 - Preston. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- SUSIE HEGAN
- RE/MAX TWIN CITY REALTY
- 1 (519) 6327993
- Contact by Email
Your Trusted Partner in Real Estate. Contact me at 519.895.6769 for all your property needs.
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Contact Me
Direct: 519.895.6769
Office: 519.632.7993
susie@susiehegan.com
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1400 Bishop Street
Cambridge, ON, N1R 6W8