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916 QUEENSTON ROAD, Cambridge — listed at $1,495,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 4.34 x 3.66 meters |
| Kitchen | Upper Level | 4.17 x 3.1 meters |
| Bedroom | Upper Level | 4.88 x 3.66 meters |
| Bedroom 2 | Upper Level | 4.88 x 3.05 meters |
| Living room | Upper Level | 4.27 x 3.66 meters |
| Living room | Lower level | — |
| Bedroom | Lower level | — |
| Living room | Main level | 6.05 x 3.1 meters |
| Kitchen | Main level | 3.35 x 3.05 meters |
| Kitchen | Main level | 5.94 x 3.43 meters |
| Bedroom | Main level | 3.4 x 3.02 meters |
| Family room | Main level | 5.79 x 5.26 meters |
| Living room | Main level | 8.64 x 3.56 meters |
| Kitchen | Main level | — |
| Bedroom | Main level | 3.05 x 2.29 meters |
| Living room | Main level | 4.55 x 3.89 meters |
| Kitchen | Upper Level | — |
| Bedroom | Upper Level | — |
| Den | Upper Level | — |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $9,360.41, heating is radiant heat, electric. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
The listing describes the basement as: Walk out, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
Is 916 QUEENSTON ROAD a good fit for a growing family?+
With 7 bedrooms and 6 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
What makes this a luxury property?+
At $1,495,000, standout features include 6 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
What's the parking situation?+
This property includes 9 spaces — No Garage.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
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