66 Queen Street W Cambridge, Ontario N3C 1G1

$1,125,000

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:19593)

Property Details

MLS® Number	40838937
Property Type	Multi-family
Equipment Type	Water Heater
Parking Space Total	6
Rental Equipment Type	Water Heater

Building

Basement Development	Finished
Basement Type	Partial (finished)
Constructed Date	1890
Cooling Type	Central Air Conditioning
Exterior Finish	Aluminum Siding, Stucco, Hardboard
Foundation Type	Stone
Heating Type	Forced Air
Stories Total	2
Size Interior	1,890 Ft2
Type	Fourplex
Utility Water	Municipal Water

Parking

Open

Land

Acreage	No
Sewer	Municipal Sewage System
Size Frontage	43 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	R4

https://www.realtor.ca/real-estate/29963458/66-queen-street-w-cambridge