For Sale

840-846 King Street, Cambridge, Ontario N3H 3P2

$1,695,000

840-846 King Street, Cambridge, Ontario N3H 3P2 is For Sale and has a listing price of 1,695,000. The property is located in the Preston Heights neighbourhood . It's been on the website for 226 Days.

  • MLS ID: X12098869
  • Office Name RE/MAX TWIN CITY REALTY INC.
Property Description

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- 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 Details
  • MLS ID: X12098869
  • Price: $1,695,000
  • Lot Depth: 156.45
  • Transaction Types: For Sale
  • Ref ID: X12098869
  • Year Built: N/A
  • Dir / Cross St: LOWTHER ST.
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 100+
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
04/23/2025 X12098860 $1,695,000 For Sale - -
04/23/2025 X12098869 $1,695,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Preston Heights
  • $696,725 Average List Price
    based on 1 year
  • 23 New Listings
    based on 30 days
  • 62 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.16 % Up
  • Sold (12mo) 34
  • Rented (12mo) 41

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Single Detached
  • Taxes: $10,484
  • Last Status New
  • Original Price: $1,695,000
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: FLEXIBLE
  • Listing Entry Date: 23/04/2025 16:46:57
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