125 SCHLUETER Street

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$1,250,000

125 SCHLUETER Street

Preston North, Cambridge · MLS® 40790482

1168

5,800 sq ft · House · Multi-family · built 1963 · 331 days on market

listed by MARK STUBBS, RED AND WHITE REALTY INC.

realtor's description

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.

property details

type: House, Multi-family
bedrooms: 11
bathrooms: 6
living area: 5,800 sq ft
parking: 8
year built: 1963
property tax: $9,171 / yr
days on market: 331
MLS®: 40790482

features

Paved driveway
Laundry- Coin operated

monthly cost

$6,210/mo

Mortgage $5,446 · Tax $764

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$5,446/ monthly

loan $1,000,000

25-year amortization

down payment20% · $250,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $633,839
cash to close: $250,000; down payment; transfer tax and fees not included
total paid: $1,633,839

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.