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Kitchener - Cambridge - Waterloo
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Downtown Hespeler
18 QUEEN Street W
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18 QUEEN Street W $2,900,000
$2,900,000
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18 QUEEN Street W
Cambridge, Ontario N3C1G1

MLS® Number: 40657268
10
Bedrooms
0
Bathrooms
10000
Square Feet

Listing Description

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. (68165170)

Location Description

Queen Street West at Adam Street

Property Summary

Property Type
Multi-family
Storeys
3
Square Footage
10000 sqft
Subdivision Name
43 - Hillcrest/Forbes Park
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$23,420
Total Parking Spaces
18
Time on REALTOR.ca
47 days

Building

Bathrooms
Total
0
Interior Features
Basement Type
None
Building Features
Features
Laundry- Coin operated
Foundation Type
Stone
Total Units
17
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters, (Electric), Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Stone
Neighbourhood Features
Community Features
High Traffic Area, School Bus
Amenities Nearby
Airport, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Parking
Total Parking Spaces
18

Measurements

Square Footage
10000 sqft
Above Grade Finished
10000 sqft
Source: Other

Land

Lot Features
Frontage
91 ft
Other Property Information
Zoning Description
rm2
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
519-219-6222
REALTOR® Website
Email
Book showing
Re/Max Icon Realty
33-620 Davenport Rd
Waterloo, Ontario N2V2C2
226-777-5833
Office Website

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