Exceptional commercial investment opportunity in Cambridge featuring a six-unit multi-residential income property on an approximately 0.4-acre inner-city corner lot. The offering includes a substantial 1920s Arts & Crafts main building of approximately 4,800 sq. ft. together with a detached rear duplex, creating a diversified six-unit rental asset.The property combines established income with significant value-add potential. A vacant approximately 1,600 sq. ft. main-floor unit provides an opportunity for premium leasing, owner occupancy, or repositioning, while the remaining units contribute ongoing rental income. The main building retains distinctive architectural character, including cut-sandstone veneer, solid brick construction, original woodwork, and two main-floor fireplaces.Additional features include a partially finished walk-out basement with approximately 8-ft ceilings, multiple entrances, separate hydro for the rear duplex, and a substantial portion of open land that may offer future infill or accessory development potential, subject to municipal approvals. A unique opportunity for investors seeking income, character, land value, and long-term redevelopment potential in a well-positioned Cambridge location.
Key Facts:
Tax:
$9,360 / 2026
Property Type:
Investment
Sq. ft. size
4728 sq. ft.
Lot Size:
91 x 165.23 feet
Lot Irregularities:
LT 85 S/S QUEEN ST PL 521 CAMBRIDGE; PT LT 83 S/S QUEEN ST, 84 S/S QUEEN ST PL 521 CAMBRIDGE AS IN WS669294; CAMBRIDGE
Basement:
Y
Listing #:
X13849506
Days on Site:
34 days
Status Change:
27 days ago
Added to CiRealty:
2026-10-01
Updated on:
2026-10-07
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for 916 Queenston Rd, Cambridge. Listed for $1,495,000 on 2026-10-01
Property
Property Type:
Investment
Style:
Apartment
Municipality:
Cambridge
Utilities
Water:
Municipal
Cooling:
N
Heating Type:
Radiant
Building
Size:
4728 sq. ft.
Parking
Garage Type:
Outside/Surface
Land
Sewer:
San Avail
Frontage:
91 feet
Depth:
165.23 feet
Cross Street:
Queenston Rd & Lowther St S
Property
Property Type:
Investment
Style:
Apartment
Municipality:
Cambridge
Building
Size:
4728 sq. ft.
Parking
Garage Type:
Outside/Surface
Land
Sewer:
San Avail
Frontage:
91 feet
Depth:
165.23 feet
Cross Street:
Queenston Rd & Lowther St S
Utilities
Water:
Municipal
Cooling:
N
Heating Type:
Radiant
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