Under contract
Conditional
18 Queen Street W
Cambridge ON, N3C 1G1
C$2,900,000
C$290.00 per sqft
Under contract
Conditional
10 Beds
10,000 sqft
Condos
17 Unit building being offered at a 6.5% CAP rate in Waterloo Region! This property is located in the heart of downtown "Hespeler". Fully occupied with 2 commercial/retail spaces on the main floor, 10 one-bedroom apartments and 5 bachelor apartments. Several units have recently been updated completely with new plumbing, wiring, kitchens, bathrooms, flooring, and windows. The parking lot is brand new with eighteen spaces, new retaining wall surrounding the property, and updated hallways with new carpet and freshly painted. This property is a money-maker and has a great tenant profile. Financial info available upon request.
40657268
MLSⓇ ID
October 4, 2024
Listed
November 8, 2024
Updated
Map
18 Queen Street W
Cambridge ON, N3C 1G1
Interior Features
Total Stories
3
Bedrooms
10
Interior Features
None
Appliances
Refrigerator, Stove
Laundry Description
Coin Operated
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Baseboard, Electric, Forced Air, Natural Gas
Exterior/Building Features
Lot Features
Airport, City Lot, High Traffic Area, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, School Bus Route, Schools, Shopping Nearby
Roof
Asphalt
Sewer
Sewer (Municipal)
Other Property Details
Area Name
14 - Hespeler
Taxes
$23,420
Tax Frequency
Annually
Garage
No
Parking Total
18
View
No
County
Waterloo
Water Source
Municipal
Pool
No
Zoning
rm2
Listing History
Date | Event | Price |
---|---|---|
10/17/2024 | Under contract | — |