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66 QUEEN Street W, Cambridge — listed at $1,075,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
The property features an ideal unit mix of one 2-bedroom unit, two 1-bedroom units, and one bachelor unit, all beautifully updated with modern finishes and meticulously maintained. Fully occupied and generating consistent rental income, this turnkey property offers an effortless transition for a new owner with no renovations or immediate work required. Situated on a generous lot with 6 dedicated parking spaces, tenants enjoy an unbeatable location just steps from Hespeler's vibrant restaurants, cafés, boutique shops, parks, and the scenic Speed River. Combining quality renovations, dependable rental income, an attractive 5.74% cap rate, and one of Cambridge's most walkable neighbourhoods, this is a rare opportunity to acquire a low-maintenance, income-producing asset in a highly desirable location. (id:60164)
Who is 66 QUEEN Street W best suited for?+
With 0 bedrooms and 0 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What's the parking situation?+
This property includes 6 spaces — Open.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 0 bedrooms and 0 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Does it have a basement, and is it finished?+
Yes — Finished, Partial. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,898, heating is forced air. Always verify the latest figures with your agent before making an offer — these change yearly.
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