About 906 King Street E
Good value in this Preston Core 5 plex with very high cash flow opportunities. New paint and flooring in 4 vacant units ready to be rented. Building allows for residential or commercial use. Parking for 3 cars, garage/shop. Central downtown Preston location, on transit route and walking to all services. Great value and opportunity to set rents at today's market levels. 3x2 bedroom units and 2x1 bedroom units, 6 bathrooms. Separate heating, gas and hydro meters for each unit. New roof, soffit, trough and facia in Dec 2024. Versatile and central with great value and opportunity for positive cash flow even if 100% financed.
Features of 906 King Street E
| MLS® # | 40688344 |
|---|---|
| Price | $799,000 |
| Bedrooms | 8 |
| Bathrooms | 6.00 |
| Square Footage | 3,250 |
| Acres | 0.00 |
| Type | Residential Income |
| Sub-Type | Multi-5 Unit |
| Status | Active |
Community Information
| Address | 906 King Street E |
|---|---|
| Area | 15 - Preston |
| Subdivision | 52 - Preston North |
| City | Cambridge |
| County | Waterloo |
| Province | ON |
| Postal Code | N3H 3P3 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Detached Garage |
| # of Garages | 1.00 |
| Is Waterfront | No |
Interior
| Interior Features | Separate Heating Controls, Separate Hydro Meters |
|---|---|
| Appliances | Refrigerator, Stove |
| Heating | Forced Air, Natural Gas |
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Walk-Up Access, Partial, Unfinished |
Exterior
| Lot Description | Rectangular, City Lot, High Traffic Area, Park, Place of Worship, Public Parking, Public Transit |
|---|---|
| Roof | Asphalt Shing |
| Construction | Brick, Masonite/Colourlock |
| Foundation | Poured Concrete |
Additional Information
| Date Last Updated | June 13th, 2025 |
|---|---|
| Zoning | C1RM2 |
Listing Details
| Office | RE/MAX TWIN CITY REALTY INC. |
|---|