$2,900,000 $15,568 forsale estimated payment Sourced by Back At You
18 Queen Street W , Cambridge, ON N3C 1G1
Cambridge, ON N3C 1G1
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.
Details
| Mls | 40657268 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active Under Contract |
| Days On Site | 60 |
| Listing Provided By | Re/Max Icon Realty | Corry Van Iersel |
Features
| Beds | 10 |
|---|---|
| Sq Feet | 10,000 |
| Storys | 3 |
| Units | 17 |
| Zoning | rm2 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Zip Code | N3C 1G1 |
| Area | 14 Hespeler |
| Subarea | 43 Hillcrest | Forbes Park |
| Community Name | 43 Hillcrest/Forbes Park |
| Listing VS Median (in 43 Hillcrest/Forbes Park) | |
Price: $2,900,000 low | high Med: $629,000 SqFt: 10,000 low | high Med: 1,156 $ / SqFt: $290 low | high Med: $544 On Site: 60 low | high Med: 76.000000 | |
Listing Updated: November 28, 2024 at 10:04:07 PM PST