Excellent Investment Opportunity in Preston South! This fully rented and well-kept 5-unit multi-residential property sits on a large 66 ft x 165 ft lot. It features 2 one-bedroom units, 2 two-bedroom units, and 1 three-bedroom unit, plus a shared laundry room, a double detached car garage. Prime location close to groceries, restaurants, coffee shops, Cambridge Memorial Hospital, banks, and with easy access to Highway 401. A solid addition to any investor’s portfolio!
Property Type:
Residential Income
Property SubType:
Multi-5 Unit
Year built:
1890
(Age: 136)
Listing General Location:
53 - Preston South, 15 - Preston
Bedrooms:
9
Bathrooms:
5.0
(Full:-/Half:-)
Lot Details:
66 x 165
Lot Depth:
165'50.3 m
Lot Frontage:
66'20.1 m
Kitchens:
0
County Or Parish:
Waterloo
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
Construction:
Aluminum Siding
Basement:
Crawl Space, Unfinished
Foundation:
Stone
Roof:
Asphalt Shing
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
4,568 sq. ft.424 m2
Finished Area Above Grade:
4,568 sq. ft.424 m2
Fireplace:
false
Laundry Features:
Coin Operated
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Forced Air, Natural Gas
None
Dryer, Refrigerator, Stove, Washer
None
false
No
UNION ST S AND MONTROSE ST S
No
HST Applicable To Sale Price:
Included
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
Electric Expense:
$3,800
Insurance Expense:
$3,231.36
Expenses:
Actual
Heating Expense:
$2,280
Zoning:
RM3
Lot Site Features:
City Lot, Near Golf Course, Hospital, Public Parking, Public Transit, School Bus Route, Schools, Shopping Nearby
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
Garage Spaces:
2.0
Parking Places Covered:
2.0
Parking:
Detached Garage
# Of Total Parking Spaces:
8.0
# Of Open Parking Spaces:
6.0
Driveway Parking:
Private Drive Triple+ Wide
Num Apartment Units:
0
Num Bachelor Units:
0
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
0
Num Penthouse Units:
0
Num Studio Units:
0
Listed Date:
Apr 08, 2026
Photo 1 of 4
View of front of house with a shingled roof and a porch