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Emily Perry

emilyperryrealtor@gmail.com +1(905) 716-1651

$ 1,495,000

Est. payment | -/mo

7 Beds

6 Baths

Save Virtual Tour

$ 1,495,000

Est. payment | -/mo

Save Virtual Tour

7 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

MLS Listing ID X13849182

Style 2-Storey

Bedrooms 7

Annual Tax Amount $9,360

Tax Year 2026

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement Walk-Out

Kitchen 6

Interior

Interior Features Other

Cooling None

Fireplace Yes

Heat Source Electric

Exterior

Pool None

Roof Type Shingles

Lot Frontage 91.0

Lot Depth 165.23

Total Parking Spaces 9

Building

Foundation Concrete

Others

ParcelsYN No

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Listed by RE/MAX OPTIMUM REALTY

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916 Queenston RD Cambridge, ON N3H 3K8