916 Queenston Road

Cambridge, ONMulti-family
$1,495,000
MLS® X13849506
Multi-family[object Object]
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About This Property

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:63604)

Key Facts

Type
Multi-family
Size
4,728 sqft
Lot
0.38
Property Details 12 details
Living area
4,728 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Multi-Family
Attached status
Attached
Heating
Radiant heat
Fireplace
No
Lot dimensions
0.38
Lot area
0.38 acres
Frontage
91 feet
Taxes
$9,360.41
Zoning
R4
Water source
Municipal water

Lot and water

Irregular lot size

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$1,495,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

City
Cambridge
Postal code
N3H 3K8
Nearby
Cross Streets: Queenston Rd & Lowther St S. ** Directions: Queenston Rd & Lowther St S. Head southeast on Queenston Rd. Property is located at 916 Queenston Rd on the right-hand side.