168 m
Distance
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.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Cambridge, ON area.
69/100
Somewhat Walkable
Walk Score ®
42/100
Some Transit
Transit Score ®
46/100
Bikable
Bike Score ®
Some errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.
5 nearby routes: 5 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 26/100, Transit Score: 33/100, Bike Score: 37/100.
Source: Realty.com
248 Cyrus Street, Cambridge ON N3H 1H3, Cambridge, ON N3H 1H3 in Cambridge, ON N3H 1H3 is a duplex listed at $749,000. Highlights include 5 bedrooms, 2 bathrooms, 1,000 sq. ft., built in 1970, $749 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, Cambridge ON N3H 1H3.
Our records indicate that 248 Cyrus Street, Cambridge ON N3H 1H3 was built in 1970.
The full address for this home is 248 Cyrus Street, Cambridge ON N3H 1H3, Cambridge, ON N3H 1H3.
248 Cyrus Street, Cambridge ON N3H 1H3 has been listed on Realty.com since Tue June 23, 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
(tel: 226-780-0202)
Listing agent:
Lesley Short
(tel: 519-841-5418)
This content last refreshed on 2026-07-14 16:03:31. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.