125 SCHLUETER Street

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.

How this listing prices against Preston North.

Preston North was one of Cambridge's busier lower-priced neighbourhoods, with 11 sales and 15 active listings over the past 30 days. The average sale price was $586,545, well below the city average, and homes sold in 21.73 days, almost in line with the wider market. Sales closed at 95.87% of list, which is a softer pricing result and shows buyers are finding room to negotiate. Freeholds moved reasonably well, while condos were much cheaper and much slower.

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