18 Queen Street W, Cambridge, ON, N3C 1G1

MLS® # 40657268

Condo For Sale In Downtown Hespeler, Cambridge, Ontario

$2,900,000 QuickQuote^TM: Not Available

10 Beds

0 Baths

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18 Queen Street W, Cambridge, ON - Outdoor With Facade

18 Queen Street W, Cambridge, ON - Outdoor

18 Queen Street W, Cambridge, ON - Indoor

18 Queen Street W, Cambridge, ON - Indoor Photo Showing Living Room

18 Queen Street W, Cambridge, ON - Indoor Photo Showing Kitchen

18 Queen Street W, Cambridge, ON - Indoor Photo Showing Other Room

18 Queen Street W, Cambridge, ON - Indoor Photo Showing Bathroom

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Home Insurance - TD Insurance

Get a home insurance quote online for this $2,900,000 property in Cambridge

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18 Queen Street W, Cambridge, ON, N3C 1G1

$2,900,000

10 Beds

0 Baths

Property Information:

17 Unit building being offered at a 6.5% CAP rate in Waterloo Region! This property is located in the heart of downtown "Hespeler". Fully occupied with 2 commercial/retail spaces on the main floor, 10 one-bedroom apartments and 5 bachelor apartments. Several units have recently been updated completely with new plumbing, wiring, kitchens, bathrooms, flooring, and windows. The parking lot is brand new with eighteen spaces, new retaining wall surrounding the property, and updated hallways with new carpet and freshly painted. This property is a money-maker and has a great tenant profile. Financial info available upon request.

Inclusions: None

Building Features:

Floor Space: 10000 Square Feet

Property Features:

Bedrooms: 10
Acres Range: < 0.5
Basement: None
Construction Materials: Stone
Cooling: None
Driveway Parking: Outside/Surface/Open
Floor Space (approx): 10000 Square Feet
Heating: Baseboard, Electric, Forced Air, Natural Gas
Laundry Features: Coin Operated
Lot Features: Airport, City Lot, High Traffic Area, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, School Bus Route, Schools, Shopping Nearby
Lot Frontage: 90.70 Feet
Roof: Asphalt
Water Source: Municipal
Zoning: rm2
Sewer: Sewer (Municipal)
No. of Parking Spaces: 18

Courtesy of: Re/Max Icon Realty

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Location of 18 Queen Street W, Cambridge, ON, N3C 1G1

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 18 Queen Street W, experiences 7 hot days per year at around 30.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.4 degrees Celsius.

Projected Avg. Temperature

Past

30.9℃

2050

34.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 18 Queen Street W, experiences 11 significant 2-day storms per year, with about 318.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 393.2mm of precipitation per year.

Precipitation Per Storm

Past

318.2mm

2050

393.2mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 18 Queen Street W, Cambridge, ON, N3C 1G1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$113,103.54

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.43 %

High school certificate or equivalent

32.25 %

Apprenticeship trade certificate/diploma

6.53 %

College/non-university certificate

22.83 %

University certificate (below bachelor)

0.44 %

University Degree

19.52 %

Commuter

Travel To Work

By Car

90.67 %

By Public Transit

2.14 %

By Walking

4.21 %

By Bicycle

0.0 %

By Other Methods

2.98 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

23.1 %

Houses

76.9 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 18 Queen Street W, Cambridge, ON, N3C 1G1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 18 Queen Street W, Cambridge, ON, N3C 1G1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

18 Queen Street W, Cambridge, ON, N3C 1G1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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