Listed for:Listed 14 days ago
$1,495,000

916 Queenston Road

Cambridge (Preston South), ON N3H 3K8

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 916 Queenston Road, Cambridge, Preston South

No listing history available

Real estate boards require you to or to see the full details of this property.

*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 916 Queenston Road, Cambridge, Preston South

Summarized Description

  • Unique 1920s Arts & Crafts mansion with character
  • Multi-family investment with six rental units
  • Detached duplex provides additional income potential
  • Vacant master wing ideal for owner-occupier
  • Partially finished basement offers flexibility
  • Substantial corner lot with development potential
  • Strong existing rental income and future upside

Rare multi-family investment opportunity at 916 Queenston Road, Cambridge, featuring a distinctive 1920s Arts & Crafts mansion together with a detached rear duplex on a prominent approximately 0.4-acre inner-city corner lot. The property offers six residential units in total, combining strong existing rental income with exceptional character and future upside. The approximately 4,800 sq. ft. main residence showcases cut-sandstone veneer over solid brick construction and retains impressive original craftsmanship, including gum wood baseboards and doors, clear pine woodwork, and two main-floor fireplaces.The vacant master wing offers approximately 1,600 sq. ft. of expansive living space and has been carefully preserved, making it ideal for an owner-occupier, executive rental, or premium repositioning opportunity. The balance of the property includes additional income-producing units in the main house along with two one-bedroom units in the detached rear duplex. A partially finished walk-out basement with approximately 8-ft ceilings provides additional flexibility. The lower/basement-level unit is conveniently located next to the laundry room and also features a rough-in for an additional full washroom. Set on a substantial corner parcel with roughly one-third of the lot remaining open, the property may also offer future infill or accessory development potential, subject to municipal approvals. A compelling opportunity for investors seeking a unique combination of architectural character, diversified rental income, vacant-unit upside, and long-term redevelopment potential in Cambridge.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$9,360
Land Transfer Tax Fee
$26,375

Basement Type
Walk-Out

Interior Features

Interior Extras
Other
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Stone
Roof
Shingles
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
91.00 ft
Lot Depth
165.23 ft

Inclusions

Inclusions
All Elf's, S/S Appliances, Fridge, Dishwasher, Stove, Washer and Dryer.

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
9
Total Garage And Parking Spaces
9

Heating & Cooling

Heat Source
Electric
Heat Type
Radiant
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
7
Washrooms
6
Kitchens
6

Room sizes

  • Living Room—
    Main level
  • Room—
    Lower level
  • Living Room—
    Upper level
  • Bedroom—
    Upper level
  • Kitchen—
    Upper level
  • Bedroom—
    Upper level
  • Kitchen—
    Upper level
  • Bedroom—
    Upper level
  • Room—
  • Family Room—
    Main level, Hardwood Floor, Fireplace, Open Concept
  • Bedroom—
    Main level, Hardwood Floor, Window
  • Living Room—
    Lower level, Window
  • Bedroom 2—
    Upper level, Hardwood Floor, Window
  • Bedroom—
    Main level, Hardwood Floor, Window
  • Bedroom—
    Main level, Laminate, Window
  • Living Room—
    Main level, Hardwood Floor, Open Concept
  • Kitchen—
    Upper level
  • Living Room—
    Main level, Fireplace
  • Kitchen—
    Main level, Concrete Floor, Window
  • Kitchen—
    Main level, Concrete Floor, Window
  • Living Room—
    Upper level, Hardwood Floor, Window
  • Bedroom—
    Upper level
  • Kitchen—
    Main level
  • Den—
    Upper level
  • Living Room—
    Main level, Laminate, Window, Fireplace
  • Bedroom—
    Upper level, Hardwood Floor, Window
  • Bedroom—
    Lower level, Window
  • Kitchen—
    Upper level, Window

Washrooms

  • 3-piece, Main
  • 3-piece, Second
  • 3-piece, Lower

Municipality
Cambridge
Neighbourhood
Preston South
Main cross streets
Queenston Rd & Lowther St S
Directions
Queenston Rd & Lowther St S. Head southeast on Queenston Rd. Property is located at 916 Queenston Rd on the right-hand side

MLS® number
X13849182
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-01
Updated on
2026-10-01
Days on market
14 days
Possession type
Flexible
Co-op commission
2.25% + HST
Seller
Listed by
RE/MAX OPTIMUM REALTY

Home Market Value

Current home valuation for 916 Queenston Road, Cambridge, Preston South, Cambridge, ON. Listed for $1,495,000

HOMEH Estimate

?

—

Estimated Sales Range

?

—

HOMEH Estimate for 916 Queenston Road, Cambridge, Preston South

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Cambridge, ON
Minimum Down Payment Required:8.3%

5% on first $500K + 10% on $995,000 over $500K

Minimum down payment

$124,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$54,777$41,711$35,581$0
=Total mortgage
$1,424,197$1,387,211$1,306,331$1,196,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,954monthly$6,773monthly$6,378monthly$5,839monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$26,375

Total Land Transfer Tax

$26,375

Around this home

8/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
Loading map...
6.3 /10

Grand View

Public·elementary·290m

6.6 /10

Preston

Public·elementary·510m

5.9 /10

Preston

Public·secondary·720m

6.5 /10

St Joseph

Private·elementary·850m

5.7 /10

St Michael

Private·elementary·960m

4.4 /10

Coronation

Public·elementary·1.3km

5.9 /10

Blue Heron

Public·elementary·1.7km

5.8 /10

Parkway

Public·elementary·1.8km

6.8 /10

Saint-Noël-Chabanel

Private·elementary·French·1.9km

Ask HOMEH

New!
H

Hi there!

👋

Text or call (416) 301-9001

Recommended for you

Based on homes you've looked at.

No recommended properties found.

Nearby similar homes

No nearby properties found.