STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108


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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$1,495,000
Available - For Sale
Listing ID: X13849506
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.
Price $1,495,000
Taxes: $9,360.41
Tax Type: Annual
Occupancy by: Tenant
Address: 916 Queenston Road , Cambridge, N3H 3K8, Waterloo
Postal Code: N3H 3K8
Province/State: Waterloo
Legal Description: LT 85 S/S QUEEN ST PL 521 CAMBRIDGE; PT
Directions/Cross Streets: Queenston Rd & Lowther St S
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 4,728
Total Area Code:  Square Feet
Office/Appartment Area: 100
Office/Appartment Area Code: %
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Maintenance: 0
Expenses Actual/Estimated: $Est
Sprinklers: No
Rail: N
Heat Type: Radiant
Central Air Conditioning: No
Sewers: Sanitary Availa
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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CMHC/GE $ $ $ $
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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX OPTIMUM REALTY

916 Queenston Road , Cambridge, N3H 3K8, Waterloo

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Stan Khurana
Sales Representative
Dir:
6473836000
Bus:
905-883-1988

 
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At a Glance:
Type: Com - Investment
Area: Waterloo
Municipality: Cambridge
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 165.23(Feet)
Approximate Age:
Tax: $9,360.41
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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