$325,000 - 40 Tannery Street Unit 265, Cambridge
Condo for Sale in Cambridge
New — Listed 5 days ago- MLS Number
- X13417640
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Cambridge
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Welcome to Village Square, 40 Tannery Street East, in the heart of Hespeler's charming and walkable downtown core. This unique two-storey condominium townhouse is a rare find, offering the privacy and feel of a house with the low-maintenance simplicity of condo living. The freshly painted home features a bright galley-style kitchen with updated laminate flooring, white cabinetry, granite countertops, and a full suite of appliances including refrigerator, stove, and built-in microwave. A separate dining room with chandelier lighting and large window flows naturally from the kitchen, while the generous living room offers a sliding glass door walk-out to your own private open terrace, where you'll enjoy treetop views and open sky. A two-piece powder room completes the main level. Upstairs, two well-sized carpeted bedrooms offer quiet retreat, each with baseboard heating and good natural light and vertical blinds. The four-piece renovated bathroom features a full vanity with storage and a tub-shower combination that has been renewed. A dedicated laundry and storage room with full-size Crosley washer and dryer rounds out the upper floor beautifully. Step outside and you are immediately immersed in the best of Hespeler Village. Forbes Park and its beloved annual Music Festival are right next door, along with the Hespeler Tennis Club courts, the W.G. Johnson Recreation Centre, the Speed River trail system, and the historic Carnegie-style Idea Exchange library. Local breweries, restaurants, cafes, and the popular Friday summer Hespeler Village Market are all within easy walking distance. Transit, places of worship, and the fire station are all nearby. This is an opportunity to own a piece of one of Cambridge's most vibrant and fiercely independent communities. Come see it for yourself.
Estimate your monthly payments for this property
Estimated Payment
$1,667.42/mo
Includes CMHC insurance ($9,068)
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.
40 Tannery Street Unit 265, 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 $325/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Cambridge's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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.