1561-1567 Queenston Road, Cambridge, ON N3H 3L8
Preston · N3H 3L8
$999,900
$286 / sq ft2 months on market
- Bedrooms
- 8
- Bathrooms
- 4
- Interior
- 3,500 sf
- Parking
- 12
- Lot
- 90.63 × 105.74 ft
What's special
- 12 parking spaces
- Water heater
About this property
An exciting opportunity to acquire a fully tenanted, four-plex in the heart of Preston. Each self-contained, two-story townhome offers 980 sq. ft. of living space, featuring two bedrooms, one four-piece bathroom, a kitchen, a bright living area, a private backyard, and a dedicated driveway with parking for three vehicles. Situated near the Grand River and downtown Preston, tenants enjoy easy access to walking trails, local shops, and the core of Cambridge, driving steady rental demand. Fully occupied by fantastic, reliable tenants, the building delivers consistent, turnkey rental income from day one. A solid, low-maintenance investment combining steady income, great tenants, and a prime location.
Rooms
6 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Kitchen | Main | 2.45 × 4.45 m8.0 × 14.6 ft | — |
| Laundry | Main | 2.10 × 3.66 m6.9 × 12.0 ft | — |
| Living Room | Main | 3.62 × 4.17 m11.9 × 13.7 ft | — |
| Bathroom | Second | 1.98 × 2.48 m6.5 × 8.1 ft | 4 Pc Bath |
| Bedroom | Second | 2.55 × 4.10 m8.4 × 13.5 ft | — |
| Primary Bedroom | Second | 3.61 × 4.00 m11.8 × 13.1 ft | — |
Features
- Water Heater
Property details
Property
- Property type
- multiplex
- Bedrooms
- 8
- Bathrooms
- 4
- Interior size
- 3,500 sq ft
- Lot size
- 90.63 × 105.74 ft
- Possession
- Flexible
Interior
- Basement
- Crawl Space
- Heating
- Radiant · Other
- Exposure
- East
Exterior & services
- Construction
- Brick Veneer, Vinyl Siding
- Parking spaces
- 12
- Sewer
- Sewer
Costs
- List price
- $999,900
- Property taxes
- $5,383 / year (2025)
- Price per sq ft
- $286
Listing
- MLS® number
- X13710780
- Status
- For sale
- Listed
- August 25, 2026
- Days on market
- 72
- Last updated
- October 22, 2026
- Listing brokerage
- Coldwell Banker Neumann Real Estate
Price & sale history
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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 in line with comparable listings — about 65% of comparable multiplex listings in Cambridge are asking less.
- This home
- $286 / 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
- Principal & interest
- $5,113.99
- Property tax (est.)
- $448.58
- Estimated monthly
- $5,563
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
- $16,473
- Total due on closing
- $16,473
An estimate on the asking price of $999,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Coldwell Banker Neumann Real Estate. 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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