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125 Schlueter Street

125 Schlueter Street

Cambridge, ON

  • 11 bed
  • 6 bath
  • approx. 3500-5000 sqft
  • Multiplex
  • 70 days on market
$1,250,000

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.

Mortgage Calculator

$250,000

Estimated Monthly Payment

$6,141

Land transfer tax

Estimated land transfer tax$21,475

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.

R

Reita | Assistant

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Reita said:

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