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18 Queen Street W Cambridge, Ontario N3C 1G1

10 Bedroom 10000 sqft
None Baseboard Heaters, Forced Air

$2,900,000

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. (id:58726)

Property Details

MLS® Number 40657268
Property Type Multi-family
AmenitiesNearBy Airport, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
CommunityFeatures High Traffic Area, School Bus
Features Laundry- Coin Operated
ParkingSpaceTotal 18

Building

BedroomsTotal 10
BasementType None
CoolingType None
ExteriorFinish Brick, Stone
FoundationType Stone
HeatingFuel Electric, Natural Gas
HeatingType Baseboard Heaters, Forced Air
StoriesTotal 3
SizeInterior 10000 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Airport, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeFrontage 91 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Rm2

https://www.realtor.ca/real-estate/27507902/18-queen-street-w-cambridge

Corry Van Iersel
Broker


RE/MAX Icon Realty
33-620 Davenport Rd
Waterloo, Ontario N2V 2C2

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