916 QUEENSTON ROAD
Cambridge – Ontario
$1,495,000
MLS® Number X13849506 | Listing provided by: RE/MAX OPTIMUM REALTY | Powered byREALTOR.ca
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:66549)
Details
- Size
- 4,728 sq ft
- Property type
- House
- Heating
- Radiant heat
- Postal code
- N3H3K8
- MLS® Number
- X13849506
- Status
- For Sale
Features
- Basement
- Fireplace
