For SaleCondo Apt · 2-StoreyMLS® #X14143010 · TRREB MLS®
246-42 Tannery St, Cambridge, Ontario
Cambridge, Ontario N3C 2B9
- Bedrooms
- 2
- Bathrooms
- 2
- Type
- Condo Apt
- Basement
- None
$349,900
Estimated market value
About 246-42 Tannery St
246-42 Tannery St is a 2-bedroom, 2-bathroom condo in Cambridge, listed for sale at an asking price of $349,900 (MLS® X14143010).
Village living in the heart of Hespeler! This thoughtfully updated two-storey home offers 1,125 sq. ft. of comfortable living space, with a bright, functional layout and a long list of recent improvements. The main level features a stylish gallery kitchen updated in 2020, an updated powder room, and open dining and living areas with excellent storage. Large windows bring in plenty of natural light, while the balcony provides a welcoming spot to enjoy the evening. Upstairs, two generously sized bedrooms offer ample closet space, along with a beautifully renovated full bathroom featuring a walk-in shower, solid-surface vanity top, and undermount sink. The home has been freshly painted throughout, creating a clean, move-in-ready feel. Notable updates include a new electrical panel (2020) and an electric heat pump installed in 2022, providing efficient heating and air conditioning throughout both levels. A covered parking space is also included. Set beside Forbes Park and within easy walking distance of Hespeler's shops, restaurants, cafes, library, community centre, farmers' market, and other local amenities. With convenient access to Hwy 401, public transit, and surrounding Cambridge, Kitchener-Waterloo, and Guelph, this is an excellent opportunity to enjoy the character of Hespeler Village with modern comfort and convenience.
Insights
Condition Score
Good2 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even−$130/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 6 condos with 2 bedrooms for lease in Cambridge right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $2,359 / 2026
- MLS® number
- X14143010
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Listing history
Buy/sell history for 246-42 Tannery St, Cambridge, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $349,900 | N/A | For Sale | X14143010 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Apt
- Style
- 2-Storey
- Municipality
- Cambridge
Building
- Size
- 1000-1199 sqft
- Construction
- Alum Siding
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 2pc Main, 1 × 3pc 2nd
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Wall Unit
- Heating Type
- Baseboard
Additional
- Roof
- Asphalt Shingle
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Dryer, Microwave, Range Hood, Refrigerator, Stove, Washer, Window Coverings
- Condo maint.
- $586
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 2.46 × 3.05 m | — | Main |
| Dining | 2.54 × 2.84 m | — | Main |
| Living | 3.3 × 4.75 m | — | Main |
| Primary | 2.97 × 4.57 m | — | 2nd |
| Br | 2.79 × 3.69 m | — | 2nd |
| Laundry | 1.37 × 2.82 m | — | 2nd |
| Bathroom | 2.82 × 2.82 m | — | 2nd |
| Bathroom | 2.82 × 2.82 m | — | Main |
Map and tour
Condos for sale in Cambridge right now
- For sale now
- 44
- Median asking price
- $422K
- New in 7 days
- 7
- Price cuts
- 27%
Middle half: $375K to $560K
13 in 28 days
12 listings
This home is asking 17% below the median, lower than three quarters of them.
See all homes in CambridgeAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $3,724
- Total land transfer tax
- $3,724
- First-time buyer rebates (Ontario up to $4,000)
- −$3,724
- Total for first-time buyers
- $0
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $349,900
- $1,499
- Ontario total
- $3,724
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m26 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (67 records). It changes with the season and from spot to spot.500 m
- Bedrock about 3 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 5.3 km5.3 km
Province of Ontario open data
Around the home2
- Nearest rail line: 390 m390 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Bimeda - MTC Animal Health Inc., 2.2 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by GrandBridge Energy Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, EH!Tel, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Our Lady of Fatima Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 · French Immersion | 800 m | 69%Grade 6 average |
| Hillcrest Public SchoolWaterloo Region DSB | Public · grades JK–6 | 800 m | 68%Grade 6 average |
| Centennial (Cambridge) Public SchoolWaterloo Region DSB | Public · grades JK–6 | 1.2 km | 63%Grade 6 average |
| ÉÉC Saint-Noël-Chabanel-CambridgeConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 3.9 km | 78%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Jacob Hespeler Secondary SchoolWaterloo Region DSB | Public · grades 9–12 | 1.6 km | 61%Grade 9 math |
| St Benedict Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 · French Immersion | 4.4 km | 52%Grade 9 math |
| ÉSC Père-René-de-GalinéeConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 6 km | 70%Grade 9 math |
| Preston High SchoolWaterloo Region DSB | Public · grades 9–12 | 6.4 km | 67%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Pinebush | GRT bus rapid transit: ION Bus | 3.1 km |
| Cambridge Centre Mall | GRT bus rapid transit: ION Bus | 4.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Contains information provided by the Regional Municipality of Waterloo under licence.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $69,980
- Total mortgage amount
- $279,920
- Total interest payment
- $199,180
- Total purchase cost
- $549,080
- Mortgage payment
- $1,597/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
26%Monthly carrying cost
$2,380- Rent $2,250
- Shortfall $130
Rental income opens at $2,250, the median asking rent of 6 comparable homes for lease in Cambridge. Type over it with the rent you expect. This is a planning tool, not advice.
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