Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED

344 QUEEN Street W

Cambridge, BC N3C1G8

$895,000

3 bed2.5 bath8 parking1,987 sqft
Get Directions

Property Details

Property & Lot

Sub-type
House
Style
Contemporary
Stories
2
Lot size
0.37 acres
Frontage
82 feet

R-4

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,657.52

Interior

Basement
Unfinished, Full
Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
None
Appliances
Water softener, Window Coverings

Exterior & Lot

Exterior features
Brick
Lot features
Conservation/green belt

Building

Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
8 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
StorageBasement13'3'' x 22'10''
Utility roomBasement14'3'' x 17'7''
3pc BathroomSecond level8'3'' x 9'0''
BedroomSecond level9'9'' x 11'6''
BedroomSecond level11'9'' x 11'6''
Primary BedroomSecond level11'7'' x 22'0''
2pc BathroomMain level6'8'' x 11'4''
OfficeMain level10'2'' x 10'7''
OfficeMain level10'2'' x 10'3''
Family roomMain level11'7'' x 14'7''
KitchenMain level12'0'' x 12'10''
Living roomMain level12'5'' x 12'10''

Listing Information

MLS®
40861998
Listed
September 10, 2026
Time on market
On the market for 5 days
Data last synced
September 15, 2026

Listing provided by: Peak Realty Ltd. · Data source: CREA DDF.

Description

Maximized Versatility & Minimized Risk is the ultimate real estate advantage, and this 0.37 ACRES property offers unprecedented flexibility - whether buyers are seeking a Family Home, an Income Investment, or a Multi-Residential Development. Discover a blend of space and style in this charming 3+ Bedroom home, located in one of Cambridge most connected node by the Hwy 401. With many Updates completed over the years, the nearly 2,000 Sq Ft finished Living space would confidently be able to make some buyers home ownership dreams come true. Versatile bright main floor with well appointed rooms showcasing a Full-size Eat-in Kitchen, Living room, 2 Offices which can be easily converted into actual Bedrooms making it a 5 Bedroom home, an additional Family room and a Spacious Bathroom designed for scalable growth and adaptability. 2nd level features 3 Bedrooms and a full Bath allowing further customization. RESIDENTIAL LIVING: Settle into a comfortable HOME featuring a functional layout & Huge Lot - ideal for long-term land-value appreciation. TURN-KEY INVESTMENT: High-exposure location well-suited for professional Offices or residential Rentals. DEVELOPMENT: A standout lot for Builders & Developers looking to construct Multi-unit Residential or higher-density housing in a high-demand, growing area. A proposed Apartment Building development of 10 stacked townhomes has received positive support from the City representatives for rezoning to permit increased density. Developers can explore additional development capacity through innovative design solutions and customized planning proposals. Buyers to satisfy themselves regarding all zoning, permitted uses, and required City permits or approvals with the City of Cambridge for any intended future use. Don’t forget … the Approved Plan for HESPELER ROAD CORRIDOR, an Innovative project designed to transform this Suburban Identity (Redevelop, Modernize, Extend the LRT to Hespeler, create New Opportunities, and more). (id:63159)

Values & Trends

This listing

$450/sqft

Building average

No other active listings in this building

40 - Centennial average

$526/sqft

3 active listing(s)

Parking: 8 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Guelph

15°C

Humidity 78%

Wind SSE 9 km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

24°

Thursday night

11°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$716,000.00
Periodic payment — Principal & Interest (monthly)$4,619.39
Additional monthly expenses (strata, tax, utilities, etc.)$487.13
Total monthly cost$5,106.52
Interest paid over 5-yr term$205,207.66
Balance at end of term$644,044.32

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,386.25

Cash Needed at Closing

Minimum down payment$64,500
Estimated BC PTT$15,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$81,900

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information