916 Queenston Road
Cambridge, ON
- 7 bed
- 6 bath
- approx. 3500-5000 sqft
- Multiplex
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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $9,360
- Listed
- October 1, 2026
Price History
Listing history
Sign in to view
Property
- Style
- 2-Storey
- Construction
- Stone
- Roof
- Shingles
- Foundation
- Concrete
- Interior
- Other
- Lot Size
- 91 x 165.23 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 9
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Queenston Rd & Lowther St S
- Parcel Number
- 037850051
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- All Elf's , S/S Appliances , Fridge , Dishwasher, Stove, Washer and Dryer.
Schools
Elementary
- Grand View Public School0.2 km
Public · Waterloo Region DSB · 250 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 39% met the provincial standard
- Preston Public School0.5 km
Public · Waterloo Region DSB · 315 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 41% met the provincial standard
- St Joseph Catholic Elementary School0.9 km
Catholic · Waterloo CDSB · 280 students
Grade 3 reading: 86% met the provincial standard · Grade 6 math: 70% met the provincial standard
Secondary
- Preston High School0.8 km
Public · Waterloo Region DSB · 855 students
Grade 10 literacy: 77% met the provincial standard
- ÉSC Père-René-de-Galinée4 km
French Catholic · CS catholique MonAvenir · 495 students
Grade 10 literacy: 94% met the provincial standard
- Galt Collegiate and Vocational Institute4.1 km
Public · Waterloo Region DSB · 960 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N3H
- Population
- 24,306
- Private dwellings
- 10,220
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Cambridge · last 12 months
- Median sold price
- $675,000
- Homes sold
- 1,167
- Median days on market
- 21
- Sale-to-list price
- 100.3%
Based on 1,167 recorded sales of residential freehold properties in Cambridge over the last 12 months.
Rooms
3 × 3-piece on Main, 2 × 3-piece on Second, 3-piece on Lower
Upper
- Bedroom16' x 12'
- Bedroom16' x 12'
- Bedroom16' x 12'
- Bedroom16' x 12'
- Bedroom16' x 12'
- Bedroom 216' x 10'
- Den
- Kitchen13'8" x 10'2"
- Kitchen13'8" x 10'2"
- Kitchen13'8" x 10'2"
- Kitchen13'8" x 10'2"
- Living Room14' x 12'
- Living Room14' x 12'
Main
- Bedroom14'3" x 12'
- Bedroom10' x 7'6"
- Bedroom11'2" x 9'11"
- Family Room19' x 17'3"
- Kitchen19'6" x 11'3"
- Kitchen11' x 10'
- Kitchen
- Living Room
- Living Room28'4" x 11'8"
- Living Room14'11" x 12'9"
- Living Room19'10" x 10'2"
Lower
- Bedroom
- Living Room
Listed by
RE/MAX OPTIMUM REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$299,000
Estimated Monthly Payment
$7,344
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,344/mo (20% down, 5.5%)
Taxes: $780/mo · Insurance: $374/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions The property offers six residential units in total, combining strong existing rental income with exceptional character and future upside.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?