Looking for apartment buildings for sale? Whether you’re a seasoned investor or entering the real estate market for the first time, owning an apartment building is a powerful way to generate passive income, build equity, and diversify your portfolio. Explore a variety of multi-unit properties offering strong returns and growth potential.

Forgot password Extend Verify Contact

916 Queenston Road
Cambridge Cambridge N3H 3K8

$1,495,000 /For Sale
Commercial

Main Photo: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 1: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 2: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 3: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 4: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 5: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 6: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 7: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 8: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 9: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 10: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 11: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 12: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 13: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 14: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 15: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 16: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 17: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 18: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 19: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 20: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 21: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 22: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 23: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 24: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 25: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 26: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 27: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 28: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 29: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 30: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 31: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 32: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 33: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 34: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 35: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 36: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 37: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Photo 38: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13849506
Bus Major:
Apts - 6 To 12 Units
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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
4728 sq. ft. Square Feet
Total Area:
4,728 sq. ft.
Office/Apt Area:
100 sq. ft. %
Lot Depth:
165'2¾"
Lot Frontage:
91'
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
R4
Heating type:
Radiant
Garage:
Outside/Surface
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$9,360.41 / 2026
Assessment:
$- / -
Waterloo
Cambridge
No
None
No
Utilities:
Available
Sewers:
Sanitary Available
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
No
Expenses Actual/Estimated:
Estimated
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Franchise:
No
Days Open:
Open 7 Days
Chattels:
Yes
LLBO:
No
Date Listed:
Oct 01, 2026
Original Price:
Previous Price:
  • Photo 1: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 1 of 38
  • Photo 2: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 2 of 38
  • Photo 3: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 3 of 38
  • Photo 4: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 4 of 38
  • Photo 5: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 5 of 38
  • Photo 6: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 6 of 38
  • Photo 7: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 7 of 38
  • Photo 8: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 8 of 38
  • Photo 9: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 9 of 38
  • Photo 10: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 10 of 38
  • Photo 11: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 11 of 38
  • Photo 12: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 12 of 38
  • Photo 13: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 13 of 38
  • Photo 14: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 14 of 38
  • Photo 15: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 15 of 38
  • Photo 16: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 16 of 38
  • Photo 17: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 17 of 38
  • Photo 18: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 18 of 38
  • Photo 19: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 19 of 38
  • Photo 20: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 20 of 38
  • Photo 21: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 21 of 38
  • Photo 22: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 22 of 38
  • Photo 23: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 23 of 38
  • Photo 24: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 24 of 38
  • Photo 25: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 25 of 38
  • Photo 26: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 26 of 38
  • Photo 27: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 27 of 38
  • Photo 28: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 28 of 38
  • Photo 29: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 29 of 38
  • Photo 30: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 30 of 38
  • Photo 31: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 31 of 38
  • Photo 32: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 32 of 38
  • Photo 33: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 33 of 38
  • Photo 34: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 34 of 38
  • Photo 35: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 35 of 38
  • Photo 36: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 36 of 38
  • Photo 37: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 37 of 38
  • Photo 38: 916 Queenston Road in Cambridge: Commercial for sale : MLS®# X13849506
    Photo 38 of 38
Listed by RE/MAX OPTIMUM REALTY
Data was last updated October 2, 2026 at 04:15 AM (UTC)
DARYL  KING
powered by myRealPage.com

Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

What to Look for in Apartment Buildings for Sale

When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

Maximizing Exposure for Your Apartment Building

If you’re selling an apartment building, our platform offers exceptional exposure to a targeted audience of potential buyers. We utilize advanced marketing techniques to highlight the key features and benefits of your property, ensuring it stands out in the market. Our goal is to connect you with interested and qualified buyers efficiently, facilitating successful and profitable transactions.

Start Exploring Apartment Buildings for Sale Today

Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

Explore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.