For saleMLS® X13710780

1561-1567 Queenston Road, Cambridge, ON N3H 3L8

Cambridge · Near King St. E and Bishop St. S. · View map

$999,900
8Beds
4Baths
3500–5000Sq ft
MultiplexType
12 totalParking
Crawl SpaceBasement
$5,383/yrTaxes
$999,900
FreeholdNo monthly condo fee
Parking for 12Comes with the home
Lot 90.6 x 105.7 ftThe land comes with the home

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

The home and its surroundings

  • Water Heater
Want to know something that isn’t listed?
Estimated monthly cost$4,482per month, all in
  • Mortgage
  • Property tax

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.

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    1561-1567 Queenston Road, Cambridge, ON N3H 3L8

    Cambridge · Near King St. E and Bishop St. S.

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    Sold history

    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.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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