66 QUEEN St

About this Property

This fully tenanted 6-unit apartment building sits on a generously sized lot, backing directly onto the UNESCO World Heritage Site, the Rideau Canal-offering access to scenic walking trails and outdoor recreation. Located in a quiet, residential neighbourhood known for its charm and upscale character, the property is just two blocks from the main business district and all amenities in the revitalized downtown core. The building offers beautiful canal views, specifically from the second-floor balcony, and attracts quality tenants due to its desirable surroundings. All tenants pay their own heat and hydro, with gas heating in place. Ample parking is available, with space for approximately two vehicles per unit. Current rental income is as follows: Unit 1: $871, Unit 2: $847, Unit 3: $1,896, Unit 4: $1,090, Unit 5: $1,800, Unit 6: $1,800. With strong existing cash flow and significant upside potential to increase rents, this property presents an excellent opportunity for investors seeking long-term growth and reliable returns. Two 3-bed units & four 2 bed units, New Roof April/2022, Cash Cow. Please, contact Brad Closs for more information or to arrange a viewing.

Listing Details

MLS #

X13000028

Board

PROPTX

Market

ontario

Property Type

Investment

Style

Apartment

Year Built

51-99

Garage

None

Basement

N

Heating

Gas Hot Water

Cooling

N

Lot Size

105 × 120 ft

Annual Taxes

$8,904/yr

Listed By

REMAX HALLMARK REALTY GROUP

Listed On

April 14, 2026

Features & Extras