$749,000
Unlock Price Rating!

248 Cyrus Street, Cambridge, ON N3H1H3

 Contact
5 Beds
2 Baths
2,000 Sq Ft

OWN YOUR HOME FOR LESS THAN THE COST OF RENT! This beautifully renovated bungalow with a legal accessory apartment offers a rare opportunity to enjoy homeownership in a fantastic Cambridge neighbourhood while significantly offsetting your mortgage. With $2, 500 per month already coming in from the upper-level unit, you can enjoy the benefits of a fully updated home at a cost that may be less than many rental payments. Situated on a generous 50-foot-wide lot, this turn-key property has been extensively renovated from top to bottom. Major updates have already been completed, including mechanical systems, leaving nothing to do but move in and enjoy. The upper-level unit is currently occupied by an excellent family paying $2, 500 per month, providing immediate income from day one. The vacant lower-level legal apartment offers exceptional flexibility and offers 2 large bedrooms, spacious living room, and large windows allow the rooms to fill with light. Live in one unit while collecting rent from the other, accommodate extended family, or maximize your investment by renting both units. Outside, youll appreciate the newly widened driveway with parking for 5 to 6 vehicles, making it ideal for multi-generational living, tenants, guests, or hobbyists needing extra space. Whether youre a first-time buyer looking for mortgage assistance, an investor seeking a turn-key income property, or someone looking for flexible living arrangements, this property checks all the boxes. Please note: Photos of the upper-level unit were taken prior to the current tenancy. The unit is presently occupied by wonderful tenants who pay on time and would be happy to stay. Opportunities offering this combination of renovation, income potential, and flexibility are hard to find. Own a great home in a great neighbourhoodwhile your tenant helps pays most of the mortgage. (id:58753)

Listing By: LESLEY SHORT - Keller Williams Home Group Realty, Brokerage cncrea2 Realty.com
  • MLS® 40842052
  • Date Listed06/24/2026
  • Days on Realty 20 Days
  • Bedrooms 5
  • Bathrooms 2 baths
  • Lot Size -
  • Sewer Public Sewer
  • Subdivision 52 - Preston North
  • Property Type Single Family Residence
  • Year Built 1970
  • Water Public
  • Square Feet 2,000 sq. ft
  • Price Per Sq. Ft $374.5

Interior Features

  • Appliances Washer, Refrigerator, Water softener, Range - Gas, Dishwasher, Stove, Dryer, Microwave, Microwave Built-in
  • Cooling Central air conditioning
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Paved driveway

Directions

Fountain ST North to Kitchener Road to Cyrus.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N3H1H3

Discover key demographics, population statistics, and environmental insights for the Cambridge, ON area.

Walkability in ON / N3H1H3

Source: Walk Score

69/100

Somewhat Walkable

Walk Score ®

42/100

Some Transit

Transit Score ®

46/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

5 nearby routes: 5 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 26/100, Transit Score: 33/100, Bike Score: 37/100.

Points of Interest near 248 CYRUS Street, Cambridge, ON N3H1H3

Frequently Asked Questions for 248 CYRUS Street

Source: Realty.com

248 CYRUS Street, Cambridge, ON N3H1H3 in 52 - Preston North, Cambridge, ON N3H1H3 is a single family residence listed at $749,000. Highlights include 5 bedrooms, 2 bathrooms, 2,000 sq. ft., built in 1970, $375 per sq. ft.. Realty.ca has 23 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 23 photos of 248 CYRUS Street.

Our records indicate that 248 CYRUS Street was built in 1970.

The full address for this home is 248 CYRUS Street, Cambridge, ON N3H1H3.

248 CYRUS Street has been listed on Realty.com since Wed June 24, 2026

Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 26/100, Transit Score: 33/100, Bike Score: 37/100.

Listing provided courtesy of: Keller Williams Home Group Realty, Brokerage
Listing agent: LESLEY SHORT

This content last refreshed on 2026-07-14 13:58:50. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.