324 Queen Street W

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$499,000

324 Queen Street W

Cambridge · MLS® X13649394

423

House · Multi-family · 78 days on market

listed by JONATHAN GIGNAC, TEAM GLASSER REAL ESTATE BROKERAGE INC.

realtor's description

Attention investors and renovators! This legal duplex on desirable Queen Street W presents an outstanding value-add opportunity with incredible upside. Whether you're looking to expand your investment portfolio, renovate for strong rental income, or live in one unit while renting the other, the possibilities are endless. Ideally located close to shopping, schools, parks, and major commuter routes, this property is also just minutes from the planned Stage 2 ION Light Rail extension, bringing future rapid transit connectivity to Cambridge and adding to the area's long-term growth potential. Both units have their own electric panel and hydro metres. Unlock the value and make this property your next successful investment. Sold in as-is condition.

property details

type: House, Multi-family
bedrooms: 4
bathrooms: 2
parking: 3
property tax: $3,787 / yr
days on market: 78
MLS®: X13649394

features

All
Water softener
Water Heater

monthly cost

$2,490/mo

Mortgage $2,174 · Tax $316

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$2,174/ monthly

loan $399,200

25-year amortization

down payment20% · $99,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $253,029
cash to close: $99,800; down payment; transfer tax and fees not included
total paid: $652,229

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.