For sale

I don't have enough recent comparable sales to call this one's price, but price reduced $150k. Here's everything I've got on it — ask me anything.

Cambridge · Waterloo Region

1561-1567 Queenston Road

Multiplex

MLS® #X13710780

Listed for$999,900$1,150,000Price reduced from $1,150,00022 days on market

8 bed 4 bath 12 parking 3500-5000 sq ft~$235/sq ft

Price reduced $150K
22 days on market
3 schools within 1 km
Transit stop ~100 m

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Est. all-in monthly~$5,101/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

3 schools within ~1 km · nearest transit stop ~0.1 km

Property information

What house buyers ask first

Lot size: 90.63 × 105.74 ft
Square footage: 3500-5000 sq ft
Property tax: $5,383 / yr
Parking: 12 spaces · None
Basement: Crawl Space

Property summary

Property type: Multiplex
Style: 2-Storey
Lot size: 90.63 × 105.74 ft
Parking: 12 spaces · None
Heating: Radiant
Air conditioning: None
Basement: Crawl Space
Kitchens: 4
Exterior: Brick Veneer, Vinyl Siding
Property tax: $5,383 / yr
MLS®: X13710780

Room dimensions

Bathroom4 Pc Bath

Second1.98 × 2.48 m

Laundry

Main2.1 × 3.66 m

Kitchen

Main2.45 × 4.45 m

Bedroom

Second2.55 × 4.1 m

Living Room

Main3.62 × 4.17 m

Primary Bedroom

Second3.61 × 4.0 m

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Detached

$399,000

Below recent sales

1279 HAMILTON Street

3 bed · 2 bath·1100-1500 sq ft·4 parking

Cambridge · Waterloo Region

Listed 6 days ago · Red And White Realty Inc

Detached

$599,900

Below recent sales

153 Montrose Street N

3 bed · 2 bath·1500-2000 sq ft·4 parking

Cambridge · Waterloo Region

Listed 26 days ago · Corcoran Horizon Realty

Semi-Detached

$539,000

Below recent sales

1393 Pineview Avenue

3 bed · 2 bath·1100-1500 sq ft·3 parking

Cambridge · Waterloo Region

Listed 8 days ago · eXp Realty

Detached

$598,000

In line with recent sales

1790 King Street E

2+1 bed · 2 bath·700-1100 sq ft·7 parking

Cambridge · Waterloo Region

Listed 1 day ago · RE/MAX Noblecorp Real Estate

Listing states: renovated

Semi-Detached

$549,900

In line with recent sales

1108 Queenston Road

2 bed · 1 bath·700-1100 sq ft·4 parking

Cambridge · Waterloo Region

Listed 2 days ago · RE/MAX Real Estate Centre Inc.

Multiplex

$639,900

1346 King Street E

4 bed · 3 bath·1500-2000 sq ft·10 parking

Cambridge · Waterloo Region

Listed 43 days ago · Keller Williams Home Group Realty

The numbers that matter

Property tax: $5,383/yr
Est. all-in: ~$5,101/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

Grand View Public SchoolPublic · Elementary · Waterloo Region DSB0.8 km
St Michael Catholic Elementary SchoolCatholic · Elementary & Secondary · Waterloo CDSB0.8 km
Ryerson Public SchoolPublic · Elementary · Waterloo Region DSB0.9 km
William G Davis Public SchoolPublic · Secondary · Waterloo Region DSB1.0 km
Coronation Public SchoolPublic · Elementary · Waterloo Region DSB1.3 km
Preston Public SchoolPublic · Elementary · Waterloo Region DSB1.3 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

King / BishopNearest transit · Bus stop~100 m
KitchenerNearest GO / rail · GO / regional rail~14.0 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Cambridge

$635KMedian sold

29Median days on market

100.6%Sale-to-list

Median sold price · Cambridge1-yr -9% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Cambridge

138,479Population (2021)

39.2Median age

$93,000Median household income

68.9%Home owners

31.1%Renters

2.7Avg household size

Source: Statistics Canada, 2021 Census

Description & details

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.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by Coldwell Banker Neumann Real Estate. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.