18 Queen Street W, Cambridge, Ontario N3C 1G1 (27507902)


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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:48850)

Property Details

MLS® Number 40657268
Property Type Multi-family
Amenities Near By Airport, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features High Traffic Area, School Bus
Features Laundry- Coin Operated
Parking Space Total 18

Building

Bedrooms Total 10
Basement Type None
Cooling Type None
Exterior Finish Brick, Stone
Foundation Type Stone
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 3
Size Interior 10000 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Airport, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 91 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rm2

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

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