38-40 Queen Street, North Stormont
A RARE 9-UNIT INVESTMENT OPPORTUNITY! Offering flexibility, strong income potential and a unique multi-residential setup, this well-maintained property is one you'll want to take a closer look at. Currently designed with senior living and accessibility in mind, Spread across two separate buildings, 38 Queen Street features 3 units while 40 Queen Street offers 6 units. Each unit is equipped with five appliances, in-floor radiant heating and wall-unit air conditioning for year-round comfort. The thoughtful layouts and accessible design make the property well suited for senior living while offering versatility for a broader rental market. Whether you're expanding your portfolio, exploring senior housing or looking for a distinctive multi-unit apartment investment, opportunities like this are hard to find! (id:1945)
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Property details for 38-40 Queen Street, North Stormont
- Type
- Multi-family
- Bedrooms
- 9
- Bathrooms
- 9
- Lot Size
- 191 FT ; 1
- Basement
- None
- Parking
- Other, No Garage
- Heating
- Radiant heat, Natural gas
- Cooling
- Wall unit
- Exterior
- Stone
- Annual Taxes
- $12,310
Nearby Listings Stat
Estimated price and comparable properties near 38-40 Queen Street
Active Listings
1
Min Price
$1,589,000
Max Price
$1,589,000
Avg Price
$1,589,000
Days on Market
0
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
North Stormont, Ontario
Population
494
Median Age
43.2
Median Income
$37,120
Dwelling Value
$250,488
Housing Tenure
Owners 90%
Renters 13%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.6
Pop. Density: 10.6/km²
Avg Shelter Cost: $1,324/mo
Owners with Mortgage: 81.8%
Owners Spending 30%+: 12.1%
Tenants Spending 30%+: 0%
English only: 51.5%
French only: 2%
English and French: 45.5%
Median Household Income: $85,248
Median Employment Income: $39,296
Price History
Listed
September 18, 2026
by EXIT REALTY MATRIX
Current Price
$1,589,000
Type
Multi-family
For Sale
