60
$1,495,000
916 Queenston Road, Cambridge, ON N3H 3K8
Preston
7 bd
6 ba
3,500 sf
9
1 months on marketMLS® X13849182
Listing courtesy of RE/MAX OPTIMUM REALTY
1 / 28
For saleMLS® X13519466
125 Schlueter Street, Cambridge, ON N3H 4B4
Preston · N3H 4B4
$1,250,000
$357 / sq ft4 months on market
- Bedrooms
- 11
- Bathrooms
- 6
- Interior
- 3,500 sf
- Parking
- 8
- Lot
- 90 × 100 ft
- Age
- 51-99 years
What's special
- 8 parking spaces
- Separate hydro meter
About this property
Exceptional opportunity to own a well-maintained 6-plex with strong, reliable tenants. Nestled on a quiet residential street, this solid brick multi-residential property offers both stability and future growth potential. Conveniently located near downtown Preston, Riverside Park, Hespeler Road, the TMMC plant, Hwy 8, and Hwy 401, residents enjoy easy access to all amenities while benefiting from a peaceful neighborhood setting. With the proposed LRT expansion along Eagle Street, this property is positioned in a prime corridor for long-term value appreciation. Recent updates, excellent ongoing maintenance, and a roster of happy tenants make this a true turn-key investment. Whether you're expanding your portfolio or seeking a secure income property, this 6-plex combines location, quality, and future potential in one outstanding package.
Features
- Separate Hydro Meter
Property details
Property
- Property type
- multiplex
- Bedrooms
- 11
- Bathrooms
- 6
- Interior size
- 3,500 sq ft
- Year built
- 51-99
- Lot size
- 90 × 100 ft
- Zoning
- RM2
- Possession
- Flexible
Interior
- Heating
- Radiant · Gas
- Exposure
- West
Exterior & services
- Construction
- Brick, Brick Veneer
- Parking spaces
- 8
- Sewer
- Sewer
Costs
- List price
- $1,250,000
- Property taxes
- $8,712 / year (2025)
- Price per sq ft
- $357
Listing
- MLS® number
- X13519466
- Status
- For sale
- Listed
- July 3, 2026
- Days on market
- 124
- Last updated
- July 6, 2026
- Listing brokerage
- RE/MAX RIGHT MOVE
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 88% of comparable multiplex listings in Cambridge are asking less.
$515KMedian $769K$1.31M
- This home
- $357 / sq ft
- Comparable median
- $440 / sq ft
Based on 17 comparable active multiplex listings in Cambridge. These are asking prices, not sale prices.
Mortgage estimate
Down payment8.0% · minimum $100,000
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $6,358.55
- Property tax (est.)
- $726.00
- Estimated monthly
- $7,085
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $21,475
- Total due on closing
- $21,475
An estimate on the asking price of $1,250,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX RIGHT MOVE. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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