26 Queen Street East, Cambridge | Image 1

26 Queen Street East

Cambridge

  • Commercial

$1,090,000
For Sale

Added 3 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: C1RM2

  • Age: No Data

  • Taxes: 6054.91

  • MLS®#: X8212242

  • Days on Site: 7 Days

  • Added: Apr 08, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: KELLER WILLIAMS SIGNATURE REALTY

Welcome to 26 Queen Street Ea prime investment opportunity or the perfect space for your own business venture on the main floor. This versatile building comprises three residential units and a convenient storefront. The property boasts recent updates including a newer roof and modern boiler system, ensuring efficiency and comfort for residents and tenants alike. The main floor store front is a former Bank of Montreal, with a vault that has been converted to a pantry, adding unique character and functionality to the property. Situated in Hespeler Village, this property is steeped in rich heritage. The location retains its charm with its historic buildings and vibrant community. Residents and tenants can enjoy proximity to a plethora of amenities, including parks such as the Forbes Park and Riverside Park, the Village Farmers' Market, schools, hospitals, and various local attractions. With its central location, tenants have easy access to public transportation, making commuting a breeze. Whether you're looking to generate rental income from the residential units or establish your own business in the bustling storefront, 26 Queen Street E offers a promising investment with endless potential. Don't miss out on the chance to be a part of this dynamic community and capitalize on the convenience and opportunities this property has to offer!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Office

  • Area: Cambridge

  • Availability Date: Flexible

  • Assessment Amount: $323,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Water Radiators

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Street

Fees

  • Tax Year: 2023

  • Taxes: $6,055

  • Expenses: Est

  • Hydro Expense: 1095

  • Heat Expenses: 4842

  • Other Expenses: 829

  • Taxes Type: Annual

  • Taxes: 6055

  • Tax Year: 2023

  • Water Fees: 1785

Land

  • Cross Street: Queen St E To Tanner

  • Municipality District: Cambridge

  • Parcel Number: 037600011

  • Lot Depth: 91.04 Feet

  • Lot Frontage: 30.9 Feet

  • Zoning: C1RM2

Additional Media

  • Virtual Tour: https://unbranded.youriguide.com/26_queen_st_e_cambridge_on/

Commercial Specific

  • Total Area: 4800

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Lot Code: Building

JK-6

Centennial (Cambridge) Public School

Elementary: Public
1.13 km
JK-6

Hillcrest Public School

Elementary: Public
0.84 km
JK-8

St Gabriel Catholic Elementary School

Elementary: Catholic
1.16 km
JK-8

Our Lady of Fatima Catholic Elementary School

Elementary: Catholic
0.86 km
JK-8

Hespeler Public School

Elementary: Public
1.26 km
JK-8

Silverheights Public School

Elementary: Public
1.23 km
9-12

ÉSC Père-René-de-Galinée

Secondary: Catholic
5.86 km
Pre-Grade 9-12

Glenview Park Secondary School

Secondary: Public
9.48 km
Pre-Grade 9-12

Galt Collegiate and Vocational Institute

Secondary: Public
7.00 km
Pre-Grade 9-12

Preston High School

Secondary: Public
6.35 km
Pre-Grade 9-12

Jacob Hespeler Secondary School

Secondary: Public
1.64 km
9-12

St Benedict Catholic Secondary School

Secondary: Catholic
4.43 km