916 Queenston Road Cambridge, Ontario N3H 3K8

4,728 sqft
None Radiant Heat

$1,495,000

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:47351)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X13849506
Property Type Multi-family
Features Irregular Lot Size

Building

Cooling Type None
Heating Type Radiant Heat
Size Interior 4,728 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 165 Ft ,2 In
Size Frontage 91 Ft
Size Irregular 0.38
Size Total 0.38 Ac
Size Total Text 0.38 Ac
Zoning Description R4

https://www.realtor.ca/real-estate/30350854/916-queenston-road-cambridge