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Basara.

Cambridge · Preston North · Multi-family · MLS# 40790482

125 SCHLUETER Street

$1,350,000

11

bed

6

bath

5,800

sqft

1963

built

Multi-family · $233/sqft

Ask an agent about this property

Listed November 27, 2025

About this home.

Very well maintained 6 plex with great tenants. Located on a quiet residential street close to all amenities, downtown Preston, Riverside Park, Hespeler Rd, TMMC plant, Hwy 8 and 401, this brick multi residential property really is in a fantastic location. With future possibilities of a LRT development down Eagle St this property is in a prime location. Lots of updates, excellent maintenance and happy tenants makes this is a smart turn key investment. (id:59491)

The full record.

Property typeMulti-family
Year built1963
Square footage5,800 sqft
Lot size0
Bedrooms11
Bathrooms6
HeatingRadiant heat,, ,Natural gas
CoolingNone
ListedNovember 27, 2025

How this listing prices against Preston North.

9

Sales

$650,000

Median price

21

Days on market

95.5%

% of list

19

Active listings

N/A

Months supply

Preston North posted 9 sales and 19 active listings, making it a fairly active neighbourhood with a split market underneath the surface. The average price was $605,000, below the Cambridge average, and homes sold in 20.7 days at 95.46 percent of list, one of the weaker pricing outcomes in the city. Freeholds are moving well, but condos are taking much longer and selling at steeper discounts, which pulls the overall numbers down.

Read the full Cambridgereport →

Estimate the monthly carry.

Down payment
%($270,000)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$6,182

Principal$1,080,000
Total interest$774,642
Total paid$1,854,642

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

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125 SCHLUETER Street, Cambridge — $1,350,000