A pic from exterior of the house or condo, the front or back of building for 18 Queen St, Cambridge Ontario N3C 1G1
Sold conditionally
79 days on Market

18 Queen St, Cambridge, Ontario N3C 1G1

In the same building:
-
Condo
-
-
~10000 sqft
$2,900,000
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Condo
-
-
~10000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$290/sqft

Est. Mortgage$12,454/mo

Tax Amount (2024)$23,420/yr

Days On Market79 days


Description

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.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~10000 SqFt
Lot Size-
Parking Spaces18
MLS ®Number40657268
Community NameDowntown Hespeler
Data SourceITSO
Listing byRe/Max Icon Realty

Features

Heating: Baseboard, Electric, Forced Air, Natural Gas

Features

Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 18


3Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by Re/Max Icon Realty, Brokerage

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Population and Demographics

Overview

Total population 944
Average household income $119,351

Age (%)

0 to 19
22%
20 to 34
21%
50 to 64
21%
35 to 49
20%
65 and plus
16%

Household composition (%)

Single family
64%
Single person
32%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
92%
Others
4%
French
1%
Portuguese
1%

House tenancy (%)

Owners
61%
Renters
39%

Schools and amenities

Estimated Budget