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

 

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