Apartment buildings for sale in Kitchener–Waterloo–Guelph

916 Queenston Road, Cambridge

6 to 12 units
Listed by RE/MAX OPTIMUM REALTY
Updated October 1, 2026
$1,495,000
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Details from the listing

Property taxes$9,360 (2026)
Lot size0.38 acres
Total area4,728 sq. ft.
OccupancyTenant
HeatRadiant

From the listing

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.

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Listings refreshed October 1, 2026 at 12:55 p.m. ET