$1,495,000
Est. payment $6,620/moCalculate yours
916 Queenston Road, Cambridge, ON N3H 3K8
Cambridge, ON N3H 3K8
- 7 Beds
- 6 Baths
- 3,500 Sq Ft
Listing courtesy of RE/MAX OPTIMUM REALTY MLS® X13849182
About this home
Rare multi-family investment opportunity at 916 Queenston Road, Cambridge, featuring a distinctive 1920s Arts & Crafts mansion together with a detached rear duplex on a prominent approximately 0.4-acre inner-city corner lot. The property offers six residential units in total, combining strong existing rental income with exceptional character and future upside. The approximately 4,800 sq. ft. main residence showcases cut-sandstone veneer over solid brick construction and retains impressive original craftsmanship, including gum wood baseboards and doors, clear pine woodwork, and two main-floor fireplaces.The vacant master wing offers approximately 1,600 sq. ft. of expansive living space and has been carefully preserved, making it ideal for an owner-occupier, executive rental, or premium repositioning opportunity. The balance of the property includes additional income-producing units in the main house along with two one-bedroom units in the detached rear duplex. A partially finished walk-out basement with approximately 8-ft ceilings provides additional flexibility. The lower/basement-level unit is conveniently located next to the laundry room and also features a rough-in for an additional full washroom. Set on a substantial corner parcel with roughly one-third of the lot remaining open, the property may also offer future infill or accessory development potential, subject to municipal approvals. A compelling opportunity for investors seeking a unique combination of architectural character, diversified rental income, vacant-unit upside, and long-term redevelopment potential in Cambridge.
Property details
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 3,500 sqft
Interior
- Bedrooms
- 7
- Bathrooms
- 6
- Kitchens
- 6
- Basement
- Walk-Out
Building & Systems
- Heating
- Radiant (Electric)
- Cooling
- None
- Exterior
- Stone
- Foundation
- Concrete
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 91 x 165.23 Feet
- Parking
- None garage · 9 total
Financial
- Property Taxes
- $9,360 (2026)
Location
- Cross Street
- Queenston Rd & Lowther St S
- Direction Faces
- North
Listing
- MLS® Number
- X13849182
- Days on Market
- 17
- Listed On
- 2026-10-01
- Possession
- TBA
- Listed By
- RE/MAX OPTIMUM REALTY
Rooms
Features
Interior
- Other
Pool
- None
- Included
- All Elf's , S/S Appliances , Fridge , Dishwasher, Stove, Washer and Dryer.
Mortgage calculator
Estimated mortgage payment
$6,620 per month
- Principal and interest
- $6,620
- Property tax
- $780
- Condo fees
- $0
- Estimated monthly cost
- $7,400
Your mortgage
- Mortgage amount
- $1,196,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $789,861
Cash to close
- Down payment
- $299,000
- Land transfer tax
- $26,375
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $325,375
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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