332 QUEEN Street West, Cambridge, Ontario, N3C1G8

For saleJust listed

2 days ago

$700K

332 QUEEN Street West, Cambridge, Ontario, N3C1G8

2 bd4 pk1,941 ft²

Listed by RE/MAX Twin City Realty Inc.

12 TAIT Street, Cambridge, Ontario, N1S3C2

For saleJust listed

2 days ago

$700K

12 TAIT Street, Cambridge, Ontario, N1S3C2

4 bd2 ba3 pk1,964 ft²

Listed by Affinity Real Estate Inc

100 QUEEN Street West, Cambridge, Ontario, N3C1G3

For sale

8 days ago

$700K

100 QUEEN Street West, Cambridge, Ontario, N3C1G3

4 bd2 ba4 pk1,812 ft²

Listed by HOMELIFE MIRACLE REALTY LTD.

176 Samuelson Street, Cambridge, Ontario, N1R1K3

For sale

8 days ago

$600K

176 Samuelson Street, Cambridge, Ontario, N1R1K3

4 bd3 ba5 pk1,300 ft²

Listed by RE/MAX TWIN CITY REALTY INC.

Investment analysis

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$699,900

Cambridge

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$699,900

For saleJust listed

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100 Queen Street West, Cambridge - Multi-family for Sale

100 Queen Street West, Cambridge, Ontario, N3C1G3

4 beds2 baths4 parking1,750 ft²45 × 144 ft (6,480 sq ft) lot sizeListed Today

Overview

This multi-family property in Cambridge is for sale offering roughly 1,750 sq ft of space. It has been on the market 0 days, fresher than the Cambridge average of 57 days.

Multi-Family Properties for Sale in Cambridge →All real estate in Cambridge →

Description

DUPLEX | TURN-KEY | HESPELER VILLAGE Rare opportunity to own a beautifully updated duplex in the heart of Hespeler Village! This versatile property features two self-contained 2-bedroomunits, each offering its own kitchen, living area and 3-piece bathroom-ideal for investors, multi-generational living, or an owner-occupier seeking rental income. Situated on a generous45 x 144 ft. lot with parking for 4 vehicles, the property offers excellent outdoor space in a highly desirable location close to the Speed River, Hespeler Village shops, restaurants, cafes, trails and transit .Both units feature separate electrical panels and hydro meters. Mechanical updates include a2022 furnace for the upper unit, a 2018 furnace for the lower unit. The lower unit is available for vacant possession, providing an excellent opportunity for the new owner to establish market rent immediately. Additional updates include a resurfaced driveway (2026) and carpet-free vinyl flooring throughout. Conveniently located near Hwy 7/8, the 401, schools, shopping and major commuter routes. Turn-key, flexible and income-producing-an excellent opportunity to own a duplex in one of Cambridge's established communities. (id:66096)

Property Details

MLS®: X14146202
Property Type: Multi-family
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 2
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 45 × 144 ft (6,480 sq ft)
Frontage: 45 ft
Storeys: 1
Basement: Unfinished, Crawl space
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Property Tax: $3,413/yr
Listed: Today

Rooms

Lower level

Primary Bedroom: 3.38 x 3.28 meters
Kitchen: 3.56 x 3.25 meters
Living room: 4.83 x 3.25 meters
Laundry room: 2.41 x 2.36 meters
Bedroom 2: 3.28 x 2.84 meters

Upper Level

Primary Bedroom: 4.01 x 3.25 meters
Kitchen: 3.66 x 2.97 meters
Living room: 3.33 x 3.28 meters
Laundry room: 2.41 x 2.36 meters
Bedroom 2: 3.73 x 3.25 meters

Features

Appliances: Washer, Refrigerator, Water meter, Stove, Dryer, Hood Fan
Foundation: Poured Concrete
Exterior: Brick, Shingles
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Cambridge listings, avg age

57d

Price / ft²

$400

List price

$700K

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.

Haho

This 4-bed multi-family in Cambridge has been listed for 0 days, which is 57 days fresher than the city average of 57. Act while there is still low competition.

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Listed by HOMELIFE/MIRACLE REALTY LTD · AJAY SHAH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3C)

This home lists at $699,900, about 6.1× the local median household income of $114,000.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 20% 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)

$699,900· $400/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$284/mo

Total monthly$3,915

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$10,473

Est. closing costs$4,600

Total cash needed$60,063

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