322 Queen Street

About This Property

This solid mixed-use investment opportunity offers eight total units: seven residential and one commercial. Located in a high-visibility area with flexible downtown zoning. The commercial component allows for a wide range of uses, including retail, office, or service-based businesses, adding long-term upside and adaptability to the asset. The building includes a coin-operated laundry room and a boiler heating system. There are two parking spaces at the rear of the property. The residential mix is varied and functional. The lower level features two units, including a bachelor apartment, as well as a well-sized two-bedroom unit with an updated bathroom. The main and upper floors include a combination of one, two, and three-bedroom units. These offer practical layouts with a mix of hardwood and tile flooring, galley-style kitchens, and generally good overall condition, with some units featuring updated bathrooms and cabinetry. One of the upper units is a larger two-bedroom with elevated ceilings, a newer shaker-style kitchen, multiple bathrooms, and an open-concept living space, providing added appeal. Overall, this property presents a strong income-generating opportunity with a stable unit mix, value-add potential, and flexible commercial zoning in a central location.