916 Queenston Road, Cambridge, ON N3H 3K8
Preston · N3H 3K8
$1,495,000
$316 / sq ft1 months on market
- Total area
- 4,728 sf
- Lot
- 91 × 165.23 ft
What's special
- Outside/surface garage
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 | Level | Dimensions | Features |
|---|---|---|---|
| Bedroom | Main | — | — |
| Kitchen | Main | — | — |
| Den | Main | — | — |
| Kitchen | Main | — | — |
| Kitchen | Main | — | — |
| Bedroom | Main | — | — |
| Living Room | Main | — | Fireplace |
| Bedroom | Main | — | — |
| Living Room | Upper | — | Concrete Floor · Window |
| Kitchen | Upper | — | Concrete Floor · Window |
| Bedroom | Upper | — | — |
| Bedroom 2 | Upper | — | — |
| Kitchen | Upper | — | — |
| Bedroom | Upper | — | — |
| Bedroom | Upper | — | Concrete Floor · Window |
| Living Room | Upper | — | — |
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
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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
- 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.
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