Home
Ontario
Cambridge
66 QUEEN Street W

$1,125,000

66 QUEEN Street W, Cambridge, Ontario, N3C 1G1

MLS® # 40838937

Cambridge ON, N3C 1G1

MLS® # 40838937

Property Information:

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:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Basement Development: Finished
Basement Type: Partial
Exterior Finish: Aluminum siding, Stucco, Hardboard
Floor Space: 1890 sqft
Foundation Type: Stone
Heating Type: Forced air
Cooling Type: Central air conditioning

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Built in: 1890
Floor Space (approx): 1890 Square Feet
Lot Frontage: 43 Feet
Zoning: R4
Sewer: Municipal sewage system
Parking Type: Open
No. of Parking Spaces: 6

Courtesy of: Century 21 Heritage House Ltd., CENTURY 21 HERITAGE HOUSE LTD.

More Detail

Less Detail

⚠ Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Market Price Trends

Location of 66 QUEEN Street W, Cambridge, Ontario, N3C 1G1

Lifestyle
Neighbourhood

Demographic Information of 66 QUEEN Street W, Cambridge, Ontario, N3C 1G1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$113,103.54

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.43 %

High school certificate or equivalent

32.25 %

Apprenticeship trade certificate/diploma

6.53 %

College/non-university certificate

22.83 %

University certificate (below bachelor)

0.44 %

University Degree

19.52 %

Commuter

Travel To Work

By Car

90.67 %

By Public Transit

2.14 %

By Walking

4.21 %

By Bicycle

0.0 %

By Other Methods

2.98 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

23.1 %

Houses

76.9 %

Own Vs. Rent