1561-1567 Queenston Road, Cambridge
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. (id:1945)
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Property details for 1561-1567 Queenston Road, Cambridge
- Type
- Multi-family
- Bedrooms
- 8
- Bathrooms
- 4
- Lot Size
- 90.6 x 105.7 FT ; Irregular
- Stories
- 2
- Basement
- Crawl space
- Parking
- No Garage
- Heating
- Radiant heat, Other
- Cooling
- None
- Exterior
- Vinyl siding, Brick Veneer
- Annual Taxes
- $5,383 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 1561-1567 Queenston Road
Active Listings
1
Min Price
$999,900
Max Price
$999,900
Avg Price
$999,900
Days on Market
48
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Cambridge, Ontario
Population
505
Median Age
42.4
Median Income
$28,128
Dwelling Value
$250,821
Housing Tenure
Owners 36%
Renters 62%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 3,002.4/km²
Avg Shelter Cost: $1,364/mo
Owners with Mortgage: 83.3%
Owners Spending 30%+: 33.3%
Tenants Spending 30%+: 36.7%
English only: 95%
English and French: 4%
Median Household Income: $52,523
Median Employment Income: $31,915
Price History
Listed
August 25, 2026
by Coldwell Banker Neumann Real Estate
Current Price
$999,900
+11.1% from last change
Type
Multi-family
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $999,900 | +$100,000 (+11.1%) |
| Sep 10, 2026 | $899,900 | $250,100 (-21.7%) |
| Sep 8, 2026 | $1,150,000 | Listed |
