$585,000 - 207 Waterloo Street, Cambridge
Semi-Detached for Sale in Cambridge
54 days on market- MLS Number
- X13018430
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 54
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Built in 1907, this thoughtfully preserved century home offers the charm, craftsmanship, and warmth that only historic homes can provide, paired with updates that make everyday living comfortable and effortless.From the moment you step inside, the character is unmistakable. Nine-foot ceilings, original architectural details, and sun-filled rooms create an atmosphere that feels both elegant and welcoming. Custom built-ins frame the living and dining spaces, offering beautiful storage for books, glassware, and collected pieces that make a home truly personal.The second floor offers three bright bedrooms and a full bath, each space reflecting the quiet charm of a home that has stood for more than a century.Above it all sits one of the most enchanting spaces in the home the finished attic retreat. With vaulted ceilings, dormer windows, and wide plank floors, it feels like something out of a storybook. Whether imagined as a private primary suite, creative studio, or peaceful reading loft overlooking the rooftops of Preston, it is a space that invites both comfort and imagination.Outside, the fully fenced backyard feels like a private garden, surrounded by mature greenery and offering a quiet place to relax or entertain. A gated driveway provides parking for two vehicles a welcome convenience for homes of this era.Located in the heart of historic Preston, this beautifully maintained century semi-detached home offers a lifestyle that is increasingly hard to find. From here you can stroll to local cafés, restaurants, and shops, explore the nearby Grand River trails, and still reach the 401 in just minutes for an easy commute.Century homes are never identical. Each one carries its own story, craftsmanship, and personality.This one offers the rare opportunity to enjoy historic character, timeless charm, and modern comfort in one of Cambridge's most beloved neighbourhoods.A home like this isn't simply purchased. It's chosen.
Estimate your monthly payments for this property
Estimated Payment
$3,001.35/mo
Includes CMHC insurance ($16,322)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Cambridge
Cambridge is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Cambridge
- •Convenient location in Cambridge
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Cambridge offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
207 Waterloo Street, Cambridge
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $390/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 54 days on site, this property has exceeded the typical selling timeline for Cambridge. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Cambridge are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Cambridge. Good resale value as demand remains consistent.
Investment Perspective
Looking at this as an investment: Cambridge properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,438 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.