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:13843)
| MLS # | X13849506 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 25 |
| Listing Provided By | RE/MAX OPTIMUM REALTY | PARVEEN ARORA |
| SQ Feet | 4,728 |
|---|---|
| Zoning | R4 |
| Acreage | 0.38 |
| Cooling | None |
|---|---|
| Heating | Radiant heat |
| Fireplace Yes / No | No |
| Lot Features | Irregular lot size |
|---|
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 9360.41 |
|---|
| Province | ON |
|---|---|
| City | Cambridge |
| Postal Code | N3H3K8 |
| Listing VS Median (in N3H3K8) | |
Price: $1,495,000 low | high Med: $1,495,000 sqft: 4,728 low | high Med: 4,114 $ / sqft: $316 low | high Med: $372 On site: 25 low | high Med: 25 | |
| Province | ON |
|---|---|
| City | Cambridge |
| Postal Code | N3H3K8 |
| Listing VS Median (in N3H3K8) | |
Price: $1,495,000 low | high Med: $1,495,000 sqft: 4,728 low | high Med: 4,114 $ / sqft: $316 low | high Med: $372 On site: 25 low | high Med: 25 | |
![]() | $1,495,000916 Queenston RoadCambridge, ON N3H3K8 |