$1,495,000
Available - For Sale
Listing ID: X13849182
916 Queenston Road , Cambridge, N3H 3K8, Waterloo
| Rare multi-family investment opportunity at 916 Queenston Road, Cambridge, featuring a distinctive 1920s Arts & Crafts mansion together with a detached rear duplex on a prominent approximately 0.4-acre inner-city corner lot. The property offers six residential units in total, combining strong existing rental income with exceptional character and future upside. The approximately 4,800 sq. ft. main residence showcases cut-sandstone veneer over solid brick construction and retains impressive original craftsmanship, including gum wood baseboards and doors, clear pine woodwork, and two main-floor fireplaces.The vacant master wing offers approximately 1,600 sq. ft. of expansive living space and has been carefully preserved, making it ideal for an owner-occupier, executive rental, or premium repositioning opportunity. The balance of the property includes additional income-producing units in the main house along with two one-bedroom units in the detached rear duplex. A partially finished walk-out basement with approximately 8-ft ceilings provides additional flexibility. The lower/basement-level unit is conveniently located next to the laundry room and also features a rough-in for an additional full washroom. Set on a substantial corner parcel with roughly one-third of the lot remaining open, the property may also offer future infill or accessory development potential, subject to municipal approvals. A compelling opportunity for investors seeking a unique combination of architectural character, diversified rental income, vacant-unit upside, and long-term redevelopment potential in Cambridge. |
| Price | $1,495,000 |
| Taxes: | $9360.41 |
| Occupancy: | Tenant |
| Address: | 916 Queenston Road , Cambridge, N3H 3K8, Waterloo |
| Directions/Cross Streets: | Queenston Rd & Lowther St S |
| Rooms: | 17 |
| Bedrooms: | 7 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Walk-Out |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | |||
| Room 2 | Main | Kitchen | 19.48 | 11.25 | Concrete Floor, Window |
| Room 3 | Main | Family Ro | 18.99 | 17.25 | Hardwood Floor, Fireplace, Open Concept |
| Room 4 | Main | Living Ro | 28.34 | 11.68 | Hardwood Floor, Open Concept |
| Room 5 | Main | Kitchen | |||
| Room 6 | Main | Bedroom | 10 | 7.51 | Hardwood Floor, Window |
| Room 7 | Main | Living Ro | 14.92 | 12.76 | Fireplace |
| Room 8 | Upper | Kitchen | |||
| Room 9 | Upper | Bedroom | |||
| Room 10 | Upper | Den | |||
| Room 11 | Upper | Kitchen | 13.68 | 10.17 | Window |
| Room 12 | Upper | Bedroom | 16.01 | 12 | Hardwood Floor, Window |
| Room 13 | Upper | Bedroom 2 | 16.01 | 10 | Hardwood Floor, Window |
| Room 14 | Upper | Bedroom | |||
| Room 15 | Upper | Living Ro |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 3 | Lower |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 3 | Second |
| Washroom Type 8 | 3 | Lower |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 3 | Main |
| Washroom Type 12 | 3 | Second |
| Washroom Type 13 | 3 | Lower |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 3 | Main |
| Washroom Type 17 | 3 | Second |
| Washroom Type 18 | 3 | Lower |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Stone |
| Garage Type: | None |
| Drive Parking Spaces: | 9 |
| Pool: | None |
| Approximatly Square Footage: | 3500-5000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Radiant |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| RE/MAX OPTIMUM REALTY |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Waterloo |
| Municipality: | Cambridge |
| Neighbourhood: | Dufferin Grove |
| Style: | 2-Storey |
| Tax: | $9,360.41 |
| Beds: | 7 |
| Baths: | 6 |
| Fireplace: | Y |
| Pool: | None |
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