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Renanza Realty
For sale

66 QUEEN Street W

Cambridge, Ontario

MLS® 40838937

$1,125,000

Status
Active
Property type
Multi-family
MLS® number
40838937
Bedrooms
0
Bathrooms
0
Year built
1890

Listing description

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.

Property summary

MLS® number
40838937
Property type
Multi-family
Building type
Fourplex
Square footage
1,890 sq ft
Title
Freehold
Built in
1890
Annual property taxes
$5,898.00
Parking
6 spaces · Open
Days on market
65 days

Features & details

Heating
Forced air
Cooling
Central air conditioning
Basement
Finished, Partial
Exterior features
Stucco, Aluminum siding, Hardboard

What would this home cost you?

Based on the $1,125,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,234 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Century 21 Heritage House Ltd., Kitchener.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.