324 QUEEN Street, Cambridge, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey duplex located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium concrete block construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 66 x 105.2 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Accessory Apartment, Separate Hydro Meter, Water Softener
- Efficient forced air heating via gas
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.
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Property Summary
This duplex located at 324 QUEEN Street, Cambridge is currently for sale and has been available on SousaSells for 3 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 324 QUEEN Street, Cambridge
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cambridge.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Accessory Apartment
- Separate Hydro Meter
- Water Softener
- Primary Bedroom - Main Floor
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 324 QUEEN Street, Cambridge, ON
Q.What is the asking price for 324 QUEEN Street, Cambridge, ON ?
The current listing price for 324 QUEEN Street, Cambridge, ON in Cambridge is $499,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 324 QUEEN Street, Cambridge, ON ?
324 QUEEN Street, Cambridge, ON is a Duplex (2 1/2 Storey) featuring a Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment, Separate Hydro Meter, Water Softener, Primary Bedroom - Main Floor, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 324 QUEEN Street W, Cambridge, ON N3C 1G8
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cambridge, ON
For a property listed at $499,000 in Cambridge, the legal minimum down payment is $24,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,455 for this transaction. As this listing is in Cambridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.