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$1,350,000

Cambridge ON, N3H 4B4

MLS® # X12584320

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Basement Type: None
  • Exterior Finish: Brick
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Water meter

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 11
  • Bathrooms: 6
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Size: 90 x 100 Acre
  • Zoning: RM2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 8

Courtesy of: RE/MAX RIGHT MOVE

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 125 SCHLUETER STREET, Cambridge, Ontario, N3H 4B4

Demographic Information of 125 SCHLUETER STREET, Cambridge, Ontario, N3H 4B4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$102,100.39

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.58 %

High school certificate or equivalent

35.89 %

Apprenticeship trade certificate/diploma

4.67 %

College/non-university certificate

23.71 %

University certificate (below bachelor)

0.51 %

University Degree

11.65 %

Commuter

Travel To Work

By Car

90.72 %

By Public Transit

4.45 %

By Walking

0.54 %

By Bicycle

0.02 %

By Other Methods

4.27 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

23.74 %

Houses

76.26 %

Own Vs. Rent