
125 Schlueter Street
Cambridge, ON
- 11 bed
- 6 bath
- approx. 3500-5000 sqft
- Multiplex
- 70 days on market
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.
Listing Details
- Taxes (2025)
- $8,712
- Listed
- July 3, 2026
Price History
Listing history
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Property
- Style
- 3-Storey
- Age
- 51-99
- Construction
- Brick, Brick Veneer
- Roof
- Asphalt Rolled
- Foundation
- Poured Concrete
- Interior
- Separate Hydro Meter
- Lot Size
- 0.23 Acres
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 8
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Eagle Street N
- Zoning
- RM2
- Parcel Number
- 037790208
- Possession
- Flexible
- Occupancy
- Tenant
Schools
Elementary
- Coronation Public School0.7 km
Public · Waterloo Region DSB · 325 students
Grade 3 reading: 89% met the provincial standard · Grade 6 math: 46% met the provincial standard
- Preston Public School0.8 km
Public · Waterloo Region DSB · 315 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 41% met the provincial standard
- St Michael Catholic Elementary School1 km
Catholic · Waterloo CDSB · 310 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 31% met the provincial standard
Secondary
- Preston High School1.7 km
Public · Waterloo Region DSB · 855 students
Grade 10 literacy: 77% met the provincial standard
- Jacob Hespeler Secondary School3.3 km
Public · Waterloo Region DSB · 1070 students
Grade 10 literacy: 83% met the provincial standard
- ÉSC Père-René-de-Galinée3.3 km
French Catholic · CS catholique MonAvenir · 495 students
Grade 10 literacy: 94% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N3H
- Population
- 24,306
- Private dwellings
- 10,220
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Cambridge · last 12 months
- Median sold price
- $675,000
- Homes sold
- 1,227
- Median days on market
- 20
- Sale-to-list price
- 100.6%
Based on 1,227 recorded sales of residential freehold properties in Cambridge over the last 12 months.
Listed by
RE/MAX RIGHT MOVE
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$250,000
Estimated Monthly Payment
$6,141
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,141/mo (20% down, 5.5%)
Taxes: $726/mo · Insurance: $313/mo
Estimates only. Consult a financial advisor.
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