916 Queenston Road, Cambridge, Ontario N3H 3K8

Listed for:
$1,495,000
0 beds
0 baths
Listed 2 days ago
Multi-Family for rent: 916 Queenston Road, Cambridge, Ontario N3H 3K8

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About

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. 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:27476)

Property Highlights

MLS® Number
X13849506
Type
Multi-family
Land Size
0.38 ac

Building

Building Type
Multi-Family
Square Footage
4728 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
RE/MAX OPTIMUM REALTY
MLS® number:
X13849506
Agent:
Parveen Arora
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