LOADING

66 Queen Street W Cambridge, Ontario N3C 1G1

1890 sqft
Central Air Conditioning Forced Air

$1,075,000

The property features an ideal unit mix of one 2-bedroom unit, two 1-bedroom units, and one bachelor unit, all beautifully updated with modern finishes and meticulously maintained. Fully occupied and generating consistent rental income, this turnkey property offers an effortless transition for a new owner with no renovations or immediate work required. Situated on a generous lot with 6 dedicated parking spaces, tenants enjoy an unbeatable location just steps from Hespeler's vibrant restaurants, cafés, boutique shops, parks, and the scenic Speed River. Combining quality renovations, dependable rental income, an attractive 5.74% cap rate, and one of Cambridge's most walkable neighbourhoods, this is a rare opportunity to acquire a low-maintenance, income-producing asset in a highly desirable location. (id:61499)

Property Details

MLS® Number 40838937
Property Type Multi-family
EquipmentType Water Heater
ParkingSpaceTotal 6
RentalEquipmentType Water Heater

Building

BasementDevelopment Finished
BasementType Partial (finished)
ConstructedDate 1890
CoolingType Central Air Conditioning
ExteriorFinish Aluminum Siding, Stucco, Hardboard
FoundationType Stone
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1890 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

Open

Land

Acreage No
Sewer Municipal Sewage System
SizeFrontage 43 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R4

https://www.realtor.ca/real-estate/29963458/66-queen-street-w-cambridge

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Christina Sandra Singh-Adeeb
Salesperson


Century 21 Heritage House Ltd.
515 Riverbend Drive, Unit 103a
Kitchener, Ontario N2K 3S3

Monty Adeeb
Salesperson


Century 21 Heritage House Ltd.
515 Riverbend Dr., Unit 103
Kitchener, Ontario N2K 3S3

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