$699,000
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248 Cyrus Street, Cambridge on N3H 1H3, Cambridge, ON N3H 1H3

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5 Beds
2 Baths
1,000 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.

Listing By: Lesley Short - Keller Williams Home Group Realty, Brokerage cnitso Realty.com
  • MLS® 40852669
  • Date Listed07/31/2026
  • Days on Realty 58 Days
  • Bedrooms 5
  • Bathrooms 2 baths
  • Lot Size 5,102 sq. ft
  • County Waterloo
  • Year Built 1970
  • Square Feet 1,000 sq. ft
  • Price Per Sq. Ft $699

Interior Features

  • Appliances Water Softener, Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Cooling Central Air
  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Exterior Privacy
  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 5,102.09
  • Lot Features Rectangular, Highway Access, Park, Quiet Area, Shopping Nearby

Directions

Fountain ST North to Kitchener Road to Cyrus.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N3H 1H3

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

Walkability in ON / N3H 1H3

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: 25/100, Transit Score: 32/100, Bike Score: 36/100.

Points of Interest near 248 Cyrus Street, Cambridge ON N3H 1H3, Cambridge, ON N3H 1H3

Frequently Asked Questions for 248 Cyrus Street, Cambridge ON N3H 1H3

Source: Realty.com

248 Cyrus Street, Cambridge ON N3H 1H3, Cambridge, ON N3H 1H3 in Cambridge, ON N3H 1H3 is a duplex listed at $699,000. Highlights include 5 bedrooms, 2 bathrooms, 1,000 sq. ft., built in 1970, $699 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 Fri July 31, 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: 25/100, Transit Score: 32/100, Bike Score: 36/100.

Listing provided courtesy of: Keller Williams Home Group Realty, Brokerage (tel: 226-780-0202)
Listing agent: Lesley Short (tel: 226-780-0202)

This content last refreshed on 2026-09-27 14:05:19. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.