916 Queenston Road, Cambridge, Ontario N3H3K8

Listing courtesy of RE/MAX REAL ESTATE CENTRE TEAM ARORA REALTY.

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,495,000
MLS®
X13849506
Days on Market
25
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Living Area
4,728
Lot Size Dimensions
0.38
Lot Size
16,552

Property Description

Exceptional commercial investment opportunity in Cambridge featuring a six-unit multi-residential income property on an approximately 0.4-acre inner-city corner lot. The offering includes a substantial 1920s Arts & Crafts main building of approximately 4,800 sq. ft. together with a detached rear duplex, creating a diversified six-unit rental asset.The property combines established income with significant value-add potential. A vacant approximately 1,600 sq. ft. main-floor unit provides an opportunity for premium leasing, owner occupancy, or repositioning, while the remaining units contribute ongoing rental income. The main building retains distinctive architectural character, including cut-sandstone veneer, solid brick construction, original woodwork, and two main-floor fireplaces.Additional features include a partially finished walk-out basement with approximately 8-ft ceilings, multiple entrances, separate hydro for the rear duplex, and a substantial portion of open land that may offer future infill or accessory development potential, subject to municipal approvals. A unique opportunity for investors seeking income, character, land value, and long-term redevelopment potential in a well-positioned Cambridge location. (id:5764)

Additional Information

Cooling
None
Country
Canada
Heating
Radiant heat
Lot Features
Irregular lot size
Lot Size
16,552

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks