246 - 42 TANNERY STREET E, Cambridge
$399,000
For sale: Apartment
- Property type
- Condo Apartment
- Bedrooms / bathrooms
- 2 bedrooms, 2 bathrooms
- Living area
- 1,199 sqft
- MLS®
- MLS® X13789774
Living close to parks, restaurants, and downtown Hespeler's charm has never been easier. This nicely updated 1,125 sq ft unit, spread across two floors, puts you in the heart of a quaint, historic village while keeping you minutes from Hwy 401, public transit, and shopping across Cambridge, KW, and Guelph - all at a price you can actually afford. Upstairs, you'll find two large bedrooms, each with generous closet space, alongside a fully renovated large bathroom featuring a walk-in shower and solid surface countertop with an undermount sink. The main floor offers a renovated powder room, an updated (2020) gallery style kitchen, and open dining and living rooms with abundant storage. The whole home has been freshly painted top to bottom, and the bright, airy space opens onto a balcony perfect for watching the sunset. Recent upgrades add real peace of mind: electrical panel replaced in 2020, newly painted stair railing, and an electric heat pump with powerful heat and A/C on both floors, added in 2022. One covered parking spot is included. The location is unbeatable, right next to Forbes Park and just steps from vibrant restaurants, cozy cafés, the library, community center, Hespeler Farmers Market, and nearly every local event. This is village charm with city convenience, all in one. note: all furniture has been digitally staged.
Sold data
Apartment homes in Cambridge — recent sold market
Apartment homes in Cambridge took a median of 49 days to sell over the last 365 days, with the quickest quarter selling within 24 days and the slowest quarter taking more than 75, across 63 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 92 days.
The median sale price was $400,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 30% of sellers reduced their price before finding a buyer.
- Median days to sell
- 49
- Median sale price
- $400,000
- Sale-to-list ratio
- 97.0%
- Sold above asking
- 13%
Based on 63 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Cambridge
Cambridge has 46 Fraser Institute–rated schools (38 elementary and 8 secondary), averaging 5.6/10.
- Rated schools
- 46
- Elementary
- 38
- Secondary
- 8
- Average rating
- 5.6 / 10
Top-rated schools in Cambridge
- Islamic School of Cambridge — elementaryFraser rating 10.0/10
- Ontario Muslim Academy — elementaryFraser rating 10.0/10
- Mother Theresa — elementaryFraser rating 7.5/10
- Père-René-de-Galinée — secondaryFraser rating 7.2/10
- St Margaret — elementaryFraser rating 7.2/10
- Parkway — elementaryFraser rating 6.8/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 246 - 42 TANNERY STREET E
$399,900
Apartment221,000–1,199 sqftPH14 - 30 BLUE SPRINGS DRIVE, Waterloo
$409,900
Apartment221,000–1,199 sqft215 - 30 BLUE SPRINGS DRIVE, Waterloo
$399,999
Apartment2+12600–699 sqft404 - 2333 KHALSA GATE, 1019 - WM Westmount, Oakville
$325,000
Apartment221,000–1,199 sqft263 - 40 TANNERY STREET E, Cambridge
$479,000
Apartment22900–999 sqft242 - 1077 GORDON STREET, Kortright West, Guelph
$419,900
Apartment221,000–1,199 sqft303 - 350 CONCESSION STREET, Inch Park, Hamilton
$499,999
Apartment221,000–1,199 sqft807 - 4 WILLOW STREET, Waterloo
$399,000
Apartment2+12800–899 sqft501 - 55 ELM DRIVE W, City Centre, Mississauga