274 Erb Street, Cambridge, ON
Property no longer active
This property was sold on June 3, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,900 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 spacious lot (Feet)
- Features a separate entrance, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A Smart Move in the Heart of Preston If you've been searching for a home that checks more boxes than you thought possible in your price range, 274 Erb Street might just be it. This semi-detached, 3-bedroom home offers a flexible layout that speaks to first-time buyers, condo-upgraders, and investors alike. Set on a deep lot backing onto Otto Klotz Park with no rear neighbours and a school just steps awaits a location that makes everyday life easier, whether you're raising a family or renting it out. Inside, you're welcomed by a bright, open main floor with large windows that fill the space with natural light. The layout blends functionality and warmth, making it easy to settle in whether you're hosting friends, managing a busy household, or simply enjoying a quiet night at home. Upstairs, hardwood flooring adds charm and character, while the freshly updated 4-piece bath brings a crisp, modern touch. But it's the walkout basement with its side entrance that really opens the door to future possibilities. With two separate entries, a partially finished rec room, and a rough-in 2-piece bath already in place, there's a clear path to creating an in-law suite or income-generating apartment. The potential here isn't theoretical its already built into the foundation. Move in and enjoy it as-is, or take the next step to unlock even more value. Either way, this home puts you in the heart of Preston, with transit, parks, and schools at your door and real opportunity under your feet.
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Property Summary
This detached home located at 274 Erb Street, Cambridge is currently for sale and has been available on SousaSells for 440 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 274 Erb Street, Cambridge
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cambridge.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- School
- Public Transit
- Place Of Worship
- Hospital
- Rec./Commun.Centre
- Park
Interior Features
- In-Law Capability
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 274 Erb Street, Cambridge, ON
Q.What is the asking price for 274 Erb Street, Cambridge, ON ?
The current listing price for 274 Erb Street, Cambridge, ON in Cambridge is $499,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 274 Erb Street, Cambridge, ON ?
274 Erb Street, Cambridge, ON is a Semi-Detached (2-Storey) featuring a Separate Entrance, Finished with Walk-Out basement.
Q.What key property features does 274 Erb Street, Cambridge, ON offer?
Key property features include: School, Public Transit, Place Of Worship, Hospital, Rec./Commun.Centre, Park.
Q.What interior features are included in this home?
Interior highlights include: In-Law Capability.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 274 Erb Street, Cambridge, ON N3H 4G3
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cambridge, ON
For a property listed at $499,900 in Cambridge, the legal minimum down payment is $24,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,473 for this transaction. As this listing is in Cambridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,473.
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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.