1/42707 E KING Street E, Cambridge
707 E KING Street E, Cambridge, ON N3H3N8
$1.1M total
3,955 SF
Asset Class
Specialty
Size
3,955 SF
Building class
A
Zoning
DC2 — Site Specific
$ / SF
$278
Occupancy
84%
Lot Size
0 ac
About this property
Rare opportunity to own a Mixed use Core area building with an anchor Franchise tenant leasing the main & lower levels & two 2 bedroom apartments above. Solid, stable income from a Preston landmark property. Features front and rear patios, Staff parking behind rear patio. One residential unit prepared to offer vacant possession if required by the Buyer. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$70K
Annual cash flow
$9K
Cash-on-cash
2.83%
DSCR
1.15
Going-in cap
6.39%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Aurora Legal LLP | 1,974 SF | 2028-09 |
| Aurora Legal LLP | 805 SF | 2028-09 |
| Aurora Legal LLP | 560 SF | 2028-09 |
Area demographics
Trade area within 3 miles of the property.
Population
89,962
Households
37,256
Median income
$108,000
Median age
33.8
Daytime population
106,511
5-yr growth
9.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 707 E KING Street E, Cambridge.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.