265 - 40 TANNERY STREET E, Cambridge

$325,000

For sale: Townhouse

Townhouse at 265 - 40 TANNERY STREET E, Cambridge
Property type
Condo Townhouse
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
1,199 sqft
MLS®
MLS® X13417640

Welcome to Village Square, 40 Tannery Street East, in the heart of Hespeler's charming and walkable downtown core. This unique two-storey condominium townhouse is a rare find, offering the privacy and feel of a house with the low-maintenance simplicity of condo living. The freshly painted home features a bright galley-style kitchen with updated laminate flooring, white cabinetry, granite countertops, and a full suite of appliances including refrigerator, stove, and built-in microwave. A separate dining room with chandelier lighting and large window flows naturally from the kitchen, while the generous living room offers a sliding glass door walk-out to your own private open terrace, where you'll enjoy treetop views and open sky. A two-piece powder room completes the main level. Upstairs, two well-sized carpeted bedrooms offer quiet retreat, each with baseboard heating and good natural light and vertical blinds. The four-piece renovated bathroom features a full vanity with storage and a tub-shower combination that has been renewed. A dedicated laundry and storage room with full-size Crosley washer and dryer rounds out the upper floor beautifully. Step outside and you are immediately immersed in the best of Hespeler Village. Forbes Park and its beloved annual Music Festival are right next door, along with the Hespeler Tennis Club courts, the W.G. Johnson Recreation Centre, the Speed River trail system, and the historic Carnegie-style Idea Exchange library. Local breweries, restaurants, cafes, and the popular Friday summer Hespeler Village Market are all within easy walking distance. Transit, places of worship, and the fire station are all nearby. This is an opportunity to own a piece of one of Cambridge's most vibrant and fiercely independent communities. Come see it for yourself.

Sold data

Townhouse homes in Cambridge — recent sold market

Townhouse homes in Cambridge took a median of 33 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 55, across 53 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 63 days.

The median sale price was $579,900.

Homes sold for about 2.2% below asking on average, so there was room to negotiate.

About 21% of sales closed above the list price.

Around 28% of sellers reduced their price before finding a buyer.

Median days to sell
33
Median sale price
$579,900
Sale-to-list ratio
97.8%
Sold above asking
21%

Based on 53 recorded sales in the last 90 days — 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 265 - 40 TANNERY STREET E