125 Schlueter St - Apartments FOR SALE


Cambridge, ON N3H 4B4- Preston Core
$1,250,000 CAD
705-325-1373

NO PHOTO

$1,250,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

125 Schlueter St
Cambridge, ON N3H 4B4
Preston Core


HIGHLIGHTS

  • Exceptional opportunity to acquire a well-maintained six-unit residential investment property with a history of strong tenant occupancy.
  • The property is situated on a quiet residential street in a desirable Cambridge neighbourhood near downtown Preston.
  • Residents benefit from convenient access to Riverside Park, Hespeler Road, (TMMC) facility, Highway 8, and Hwy 401.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,250,000 CAD

PRICE/SF

$406 CAD /SF

# OF UNITS

6

PRICE/UNIT

$208,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1963

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

RM2

APN/PARCEL ID

300611000905600

ASK ABOUT THIS PROPERTY

Jesse HenneveldRe/Max Orillia RealtyMore Info
705-325-1373

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jesse HenneveldRe/Max Orillia RealtyMore Info
705-325-1373

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.