$1,350,000
125 SCHLUETER Street
Beds
11
Baths
6
Sqft
—
Year
1963
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cambridge. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Very well maintained 6 plex with great tenants. Located on a quiet residential street close to all amenities, downtown Preston, Riverside Park, Hespeler Rd, TMMC plant, Hwy 8 and 401, this brick multi residential property really is in a fantastic location. With future possibilities of a LRT development down Eagle St this property is in a prime location. Lots of updates, excellent maintenance and happy tenants makes this is a smart turn key investment. (id:65958)
- Subtype
- Multi-family
- Community
- 52 - Preston North
- Common interest
- Freehold
- Living area
- 5,800 square feet
- Parking
- 8 total
- Stories
- 2
- On market
- Nov 27, 2025
- Status changed
- Apr 24, 2026
- Annual tax
- $9,171
- Zoning
- RM2
- Photos
- 28
- MLS#
- 40790482
- Area
- CAMBRIDGE
Features and systems
Parking
Basement
Heating
Cooling
Exterior
Lot
Cash on cash
-6.43%
Cap rate
3.58%
GRM
16.7
Break-even rent
$8,272
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.