361 Queen Street W, Cambridge, ON N3C 1G6
Cambridge · Near Hespeler Road · View map
About this home
Explore a real potential with this affordable 4 bedroom home nestled on a beautifully treed 0.53 Acre lot. Whether buyers are seeking a Family Home, an Income Investment, or a Residential Development, this R4 zoning property is a great prospect for ambitious Visionaries seeing the true opportunity. Structurally sound with a generous living layout and walk-out lower level, this property offers abundant parking and a massive, serene backyard with no rear neighbors. Enjoy the freedom of ample outdoor space and endless potential to add custom outbuildings. While significant value resides in the land, this property offers incredible versatility-renovate the existing home, execute a custom remodel, or fully redevelop to capture its complete value. Looking to build for the future in a growing market? With this standout lot, Developers and Builders can unlock hidden development capacity through innovative design and tailored planning proposals to fully realize the property's potential. 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). Please note that the home and property are being sold in "WHERE IS & AS IS" condition.
The home
- Type
- Detached home
- Style
- 1 1/2 Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 4
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 9
- Basement
- Full, Unfinished
- Lot size
- 66 x 343.2 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 6
- Total parking
- 6
- Parking features
- Private Double
Taxes & other
- Property taxes
- $4,355/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- Immediate
- Cross street
- Hespeler Road
More
- Price per sq ft
- ~$385 (at 1,300 sq ft)
- MLS® number
- X14159290
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The home and its surroundings
- Water Heater Owned
- Golf
- Greenbelt/Conservation
- Public Transit
- River/Stream
- School
- Rec./Commun.Centre
- Backs On Green Belt
- Privacy
- Year Round Living
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
Schools nearby
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Your commute
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Listing history for 361 Queen Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 361 Queen Street W
Answers come straight from this home’s MLS® listing.
How much is 361 Queen Street W listed for, and what would it cost each month?
361 Queen Street W is listed for $499,900. With 20% down ($99,980), the mortgage payment would be roughly $2,016 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,379 a month, all in. That figure is an illustration, not a quote.
Is 361 Queen Street W freehold or a condo, and is there a monthly fee?
361 Queen Street W is a detached home in Cambridge. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 361 Queen Street W have?
361 Queen Street W has 4 bedrooms and 2 bathrooms. The listing gives the style as 1 1/2 storey.
Does 361 Queen Street W have a garage and parking?
The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
Does 361 Queen Street W have a finished basement?
The listing describes the basement as full, unfinished.
What style of home is 361 Queen Street W?
361 Queen Street W is a detached home. A detached home stands on its own lot with no shared walls.
How big is 361 Queen Street W, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 66 x 343.2 ft.
How is 361 Queen Street W heated and cooled?
Heating is forced air (gas). The listing does not show air conditioning.
What are the property taxes for 361 Queen Street W?
Property taxes are $4,355 a year (2026), or about $363 a month.
Where is 361 Queen Street W?
361 Queen Street W is in Cambridge. The nearest main intersection is Hespeler Road. The postal code is N3C 1G6.
Is 361 Queen Street W still for sale?
Yes. It is an active listing (MLS® X14159290). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 361 Queen Street W asking?
Similar properties for sale nearby right now include 193 Queen Street E at $519,000 (2 bed), 93 Valley Drive at $575,000 (4 bed) and 8 Sunset Boulevard at $499,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 361 Queen Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 361 Queen Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.