For Sale
Just Listed
1561-1567 Queenston Road
Cambridge, ON
$1,150,000
8Bd
4Ba
4,250+sqft
12Parking
90.63 x 105.74 ftlot
$271/sqft
MultiplexMLS# X13710780Listed 2026-08-255 DOM
Heating
Water Heater
About this home
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
Main Floor
| Kitchen | 2.45 × 4.45 m | |
| Laundry | 2.10 × 3.66 m | |
| Living Room | 3.62 × 4.17 m |
Second Floor
| Bathroom | 1.98 × 2.48 m | 4 Pc Bath |
| Bedroom | 2.55 × 4.10 m | |
| Primary Bedroom | 3.61 × 4.00 m |
Features
- Water Heater
- Crawl Space
- None
- 2-Storey
Financials
Annual Taxes
$5,383
Estimated Rental Income
Entire property$4,500 – $7,000/mo
Rental yield4.7% – 7.3%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Cambridge
Days on market5 days
Buyer's MarketSeller's Market
Based on active listings in Cambridge. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
56
/ 100
Walk Score
Somewhat Walkable
47
/ 100
Transit Score
Some Transit
42
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
You may also like
More homes in Cambridge
Hand-picked listings with a similar price range and style.
For Sale2 months ago
$1,250,000
Multiplex
est. $5,480/mo
125 Schlueter Street
Cambridge, ON
11 bd
6 ba
4,250
8
MLS# X13519466Re/Max Right Move
WhatsApp Aman
For Sale10 months ago
$1,399,900
Multiplex
est. $6,137/mo
125 Wellington Street S
Cambridge, ON
12 bd
5 ba
4,250
6
MLS# X12522166Keller Williams Home Group Realty
WhatsApp Aman
