Skip to content
1 / 56
For saleMLS® X13849506

916 Queenston Road, Cambridge, ON N3H 3K8

Preston · N3H 3K8

$1,495,000

$316 / sq ft

1 months on market

Total area
4,728 sf
Lot
91 × 165.23 ft

What's special

  • Outside/surface garage

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

About this property

Exceptional commercial investment opportunity in Cambridge featuring a six-unit multi-residential income property on an approximately 0.4-acre inner-city corner lot. The offering includes a substantial 1920s Arts & Crafts main building of approximately 4,800 sq. ft. together with a detached rear duplex, creating a diversified six-unit rental asset.The property combines established income with significant value-add potential. A vacant approximately 1,600 sq. ft. main-floor unit provides an opportunity for premium leasing, owner occupancy, or repositioning, while the remaining units contribute ongoing rental income. The main building retains distinctive architectural character, including cut-sandstone veneer, solid brick construction, original woodwork, and two main-floor fireplaces.Additional features include a partially finished walk-out basement with approximately 8-ft ceilings, multiple entrances, separate hydro for the rear duplex, and a substantial portion of open land that may offer future infill or accessory development potential, subject to municipal approvals. A unique opportunity for investors seeking income, character, land value, and long-term redevelopment potential in a well-positioned Cambridge location.

Rooms

16 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
BedroomMain——
KitchenMain——
DenMain——
KitchenMain——
KitchenMain——
BedroomMain——
Living RoomMain—Fireplace
BedroomMain——
Living RoomUpper—Concrete Floor · Window
KitchenUpper—Concrete Floor · Window
BedroomUpper——
Bedroom 2Upper——
KitchenUpper——
BedroomUpper——
BedroomUpper—Concrete Floor · Window
Living RoomUpper——

Property details

Property

Property type
investment
Interior size
4,728 sq ft
Lot size
91 × 165.23 ft
Zoning
R4
Possession
TBA

Interior

Heating
Radiant
Cooling
No

Exterior & services

Garage
Outside/Surface
Sewer
Sanitary Available

Costs

List price
$1,495,000
Property taxes
$9,360 / year (2026)
Price per sq ft
$316

Listing

MLS® number
X13849506
Status
For sale
Listed
October 1, 2026
Days on market
34
Last updated
October 7, 2026
Listing brokerage
RE/MAX OPTIMUM REALTY

Price & sale history

This property's sale history is hidden

TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.

Unlock sale history & sold price

Free. Takes about twenty seconds.

Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

Mortgage estimate

Down payment8.3% · minimum $124,500
$124,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,577.73
Property tax (est.)
$780.03
Estimated monthly
$8,358

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$26,375
Total due on closing
$26,375

An estimate on the asking price of $1,495,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX OPTIMUM REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,495,000

Contact Book a viewing

Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

Unlock nearby sold prices

Free. Takes about twenty seconds.