23 Memory Lane, Cambridge, ON

$724,900
MLS#:X13247522
3 beds
2 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $724,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 45 x 103 ft lot
  • Features a ["full", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor, Water Heater, Water Softener
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

There are some streets that buyers wait years to get into... Memory Lane is one of them. Welcome to 23 Memory Lane, a lovingly maintained raised bungalow located on a quiet street in one of Hespeler's most established and desirable neighbourhoods. Surrounded by mature trees and long-time homeowners, this is the type of location where pride of ownership is evident the moment you arrive. Inside, you'll discover a home that has been exceptionally well cared for and thoughtfully maintained throughout the years. The bright and functional layout offers three bedrooms, comfortable principal rooms, tasteful updates, and the flexibility that makes raised bungalows so popular with today's buyers. The lower level provides additional living space for the whole family and features a fantastic recreation area complete with a bar, dart board setup, and TV lounge space-an ideal spot for entertaining friends, watching the game, or enjoying a relaxing evening at home. Outside, the backyard offers a great mix of privacy and functionality. The hot tub area creates a comfortable space to unwind, while the large grassy yard provides plenty of room for kids, pets, gardening, or future possibilities. It's the kind of outdoor space that can easily adapt to a family's changing needs over time. The attached garage, mature lot, and family-friendly setting combine to create a property that offers both comfort and practicality. Located just minutes from Highway 401, schools, parks, trails, shopping, and the charm of downtown Hespeler, this is a rare opportunity to own a beautifully maintained home in a location that continues to be highly sought after. Welcome home to 23 Memory Lane.

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Friday, June 12, 20262:00 PM - 4:00 PMPublic

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/5/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size45 × 103 Feet
CountyWaterloo
Annual Tax$4,148
Legal DescriptionLT 20 PL 1476 CAMBRIDGE S/T WS695953 PARTIALLY RELEASED BY WS713657; S/T RIGHT IN WS708679; CAMBRIDGE

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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23 Memory Lane, Cambridge, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 23 Memory Lane, Cambridge, ON N3C 3X7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$579,920
Monthly Mortgage$3,370
Property Tax (Est.)$346
Utilities & Maint.$350
Total Monthly Cost$4,066

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Cambridge.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cambridge.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$782,740

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Elgin Street
Public685 Elgin Street North, Cambridge, Ontario, N1R 7W6
6.2
Avenue Road
Public40 Gail Street, Cambridge, Ontario, N1R 4M2
3.3
Christ The King
Public70 Acorn Way, Cambridge, Ontario, N1R 8M5
3.1
St Peter
Public92 Avenue Road, Cambridge, Ontario, N1R 1C1
5.6
Manchester
Public455 Dundas Street North, Galt, Cambridge, Ontario, N1R 5R5
4.7

Secondary Schools

Galt
Public200 Water Street North, Galt, Cambridge, Ontario, N1R 6V2
5.9
St. Benedict
Catholic50 Saginaw Parkway, Cambridge, Ontario, N1R 5W1
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.