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

$2,900,000

MLS® # 40657268

Condo For Sale In Downtown Hespeler, Cambridge, Ontario

$2,900,000

  • 10

    Bedrooms

  • 0

    Baths

  • 10000 sqft

    FLOOR AREA

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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