11 Queen Street East, Cambridge - Business for Sale
11 Queen Street East, Cambridge, Ontario, N3C2A7
This business in Cambridge is for sale offering roughly 3,200 sq ft of space.
Description
Fantastic Opportunity! Amazing Downtown Hespler Location! 2 Store Fronts! 3 - One Bedroom Apts! 3200 Sq Ft. + 1600 Sq. Ft. Unfinished Walk-Out Bsmt rented as storage! Big Lot 37 Ft x 148 Ft! Includes 4 On-site Parking Spaces which could also be leased out for additional income! Perfect for Business for self owner! Work in 1 unit and collect rents from the other Store Front, 3 Apts, Bsmt storage and parking! (id:66096)
Property Details
- MLS®
- X13077372
- Property Type
- Business
- Zoning
- C1-RM2
- Interior Size
- 3,200 ft²
- Lot Size
- 37 × 148 ft (5,512 sq ft)
- Frontage
- 37 ft
- Heating
- Hot water radiator heat, Natural gas
- Cooling
- None
- Property Tax
- $12,970.12/yr
- Listed
- 184 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 184 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N3C)
This home lists at $999,000, about 8.8× the local median household income of $114,000.
Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 71% above the area median.
- Median household income
- $114,000
- Population
- 27,518
- Median age
- 38.8
- Owner / renter
- 84% / 16%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA N3C)
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$999,000
Cambridge