42 Tannery Street, Cambridge, ON

$390,000
MLS#:X12045645
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] condo townhouse located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $390,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with ["wall unit(s)"] central cooling and highly efficient baseboard heating via electric

Welcome to Unit 241, Tannery Street East, Cambridge. Nestled in an exceptional location, this inviting property is the perfect home for first-time buyers, investors, or those looking to downsize. Situated in a well-maintained complex, making it an ideal choice for those who enjoy an active lifestyle & a vibrant community. The complex backs directly onto Forbes Park, providing a wealth of outdoor amenities, including a playground, splash pad, tennis club & a toboggan hillgreat for all seasons. Additionally, there are variety of local shops, salons, barbershops & restaurants within a 3-minute walk. For water enthusiasts, the Speed River is just a 5-minute walk away. The location truly couldnt be better, with easy access to public transit and quick connections to the 401 for commuters. Not only is it a prime spot for entertainment and outdoor activities, but its also a pet-friendly building, allowing you to bring your furry friend along. Step inside this bright & meticulously maintained unit. The living room is spacious & airy, perfect for relaxing or spending quality time with family and friends. Extend your living space to the private balcony. The galley kitchen is well-stocked with appliances & features an adjacent dining area, making mealtimes a breeze. On the main floor, youll also find a convenient 2-piece bath & extra storage space under the staircase. The second level features 2 generously sized bedrooms, each with ample closet space. The large 4-piece bath is located conveniently next to the laundry room. One of the standout features of this property is the impressive terrace, perfect for entertaining guests or simply relaxing. Included is one parking spot, with additional access to public transit just steps away. Dont miss out on this incredible opportunity to own a property in a highly desirable area with so many facilities within walking distance. Book your showing today.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 21, 2025
Sold price information is available to members only
Listed Date3/27/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
ConstructionVinyl Siding, Brick
CountyWaterloo
Annual Tax$2,164

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["Wall Unit(s)"]

Features

Property Features

Community Features

Location

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42 Tannery Street, Cambridge, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Cambridge.

Verified Local Data
Population575,847
Median Age38 Yrs
Ownership65% Owners
Avg Area List Price$744,808

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Elgin Street
Public685 Elgin Street North, Cambridge, Ontario, N1R 7W6
6.2
Avenue Road
Public40 Gail Street, Cambridge, Ontario, N1R 4M2
3.3
Christ The King
Public70 Acorn Way, Cambridge, Ontario, N1R 8M5
3.1
St Peter
Public92 Avenue Road, Cambridge, Ontario, N1R 1C1
5.6
Manchester
Public455 Dundas Street North, Galt, Cambridge, Ontario, N1R 5R5
4.7

Secondary Schools

Galt
Public200 Water Street North, Galt, Cambridge, Ontario, N1R 6V2
5.9
St. Benedict
Catholic50 Saginaw Parkway, Cambridge, Ontario, N1R 5W1
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 42 Tannery Street E 241, Cambridge, ON N3C 2B9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$312,000
Monthly Mortgage$1,813
Property Tax (Est.)$180
Utilities & Maint.$350
Total Monthly Cost$2,343

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Cambridge.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.