$749,000
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248 Cyrus Street, Cambridge, ON N3H1H3

5 Beds
2 Baths
- Sq Ft

LIVE FOR FREE IN CAMBRIDGE! An exceptional opportunity for homeowners and investors alike. This beautifully renovated bungalow with a legal accessory apartment offers the rare chance to significantly offset your mortgage-or potentially live for little to no cost-thanks to the strong rental income already in place. Situated on a generous 50-foot-wide lot in a desirable Cambridge neighbourhood, this property has been extensively updated from top to bottom. With major improvements already completed, including updated mechanicals, there is truly nothing left to do but move in and enjoy. The upper unit is currently leased to a wonderful family for $2, 500 per month, providing immediate income from day one. The vacant lower-level legal apartment offers incredible flexibility: occupy it yourself while collecting rent from upstairs, or rent both units and maximize your return. Outside, you'll appreciate the newly widened driveway with parking for 5 to 6 vehicles, making it ideal for multi-generational living, tenants, guests, or hobbyists requiring extra parking. Whether you're a first-time buyer looking for mortgage assistance, a savvy investor seeking a turn-key income property, or someone wanting flexible living arrangements, this home checks all the boxes. Please note: Photos of the upper-level unit were taken prior to the current tenancy. The space is presently occupied by an excellent family who always pay their rent on time . Properties offering this level of renovation, flexibility, and income potential rarely become available. Don't miss your opportunity to own a turn-key property that works for you from the moment you take possession. (id:58753)

  • MLS® X13483020
  • Date Listed06/24/2026
  • Days on Realty 20 Days
  • Bedrooms 5
  • Bathrooms 2 baths
  • Lot Size -
  • Sewer Other
  • Property Type Duplex
  • Water Public

Interior Features

  • Appliances Washer, Refrigerator, Water meter, Water softener, Stove, Dryer, Water Heater
  • Cooling Central air conditioning
  • Heating Forced air, Natural gas

Exterior / Lot Features

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

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 Cambridge, ON N3H1H3 is a duplex listed at $749,000. Highlights include 5 bedrooms, 2 bathrooms. Realty.ca has 23 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 23 photos of 248 CYRUS STREET.

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
Listing agent: LESLEY SHORT

This content last refreshed on 2026-07-14 16:05:37. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.