1561-1567 Queenston Road, Cambridge, ON N3H 3L8
Cambridge · Near King St. E and Bishop St. S. · View map
About this home
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 home
- Type
- Multiplex
- Style
- 2-Storey
- Square footage
- 3500-5000 sq ft
- Bedrooms
- 8
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 24
- Basement
- Crawl Space
- Lot size
- 90.6 x 105.7 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick Veneer, Vinyl Siding
Heating & cooling
- Heating type
- Radiant
- Fireplace
- No
Garage & parking
- Driveway spaces
- 12
- Total parking
- 12
Taxes & other
- Property taxes
- $5,383/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- King St. E and Bishop St. S.
More
- Price per sq ft
- ~$235 (at 4,250 sq ft)
- MLS® number
- X13710780
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The home and its surroundings
- Water Heater
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1561-1567 Queenston Road, Cambridge, ON N3H 3L8
Cambridge · Near King St. E and Bishop St. S.
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Listing history for 1561-1567 Queenston Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1561-1567 Queenston Road
Answers come straight from this home’s MLS® listing.
How much is 1561-1567 Queenston Road listed for, and what would it cost each month?
1561-1567 Queenston Road is listed for $999,900. With 20% down ($199,980), the mortgage payment would be roughly $4,033 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,482 a month, all in. That figure is an illustration, not a quote.
Is 1561-1567 Queenston Road freehold or a condo, and is there a monthly fee?
1561-1567 Queenston Road is a multiplex in Cambridge. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 1561-1567 Queenston Road have?
1561-1567 Queenston Road has 8 bedrooms and 4 bathrooms. The listing gives the style as 2-storey.
Does 1561-1567 Queenston Road have a garage and parking?
The listing does not show a garage. The driveway adds 12 spaces. In total the listing counts 12 parking spaces.
Does 1561-1567 Queenston Road have a finished basement?
The listing describes the basement as crawl space.
What style of home is 1561-1567 Queenston Road?
1561-1567 Queenston Road is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 1561-1567 Queenston Road, and what is the lot size?
The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 90.6 x 105.7 ft.
How is 1561-1567 Queenston Road heated and cooled?
Heating is radiant. The listing does not show air conditioning.
What are the property taxes for 1561-1567 Queenston Road?
Property taxes are $5,383 a year (2025), or about $449 a month.
Where is 1561-1567 Queenston Road?
1561-1567 Queenston Road is in Cambridge. The nearest main intersection is King St. E and Bishop St. S.. The postal code is N3H 3L8.
Is 1561-1567 Queenston Road still for sale?
Yes. It is an active listing (MLS® X13710780). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 1561-1567 Queenston Road asking?
Similar properties for sale nearby right now include 91 Water Street S at $999,000 (7 bed), 135 Elgin Street N at $999,955 (6+2 bed) and 87 Scott Road at $1,095,000 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1561-1567 Queenston Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1561-1567 Queenston Road?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Cambridge, picked by style, size and price.
Fourplex$999,00091 Water Street S, Cambridge7 bed · 4 bathCourtesy of: REAL ESTATE HOMEWARDView home →
Duplex$999,955135 Elgin Street N, Cambridge6+2 bed · 4 bathCourtesy of: HOMELIFE/VISION REALTY INC.View home →
Duplex$1,095,00087 Scott Road, Cambridge5 bed · 5 bathCourtesy of: RE/MAX TWIN CITY FAISAL SUSIWALA REALTYView home →Courtesy of: Coldwell Banker Neumann Real Estate
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.