42 Tannery Street, Unit 241, Cambridge, ON
Property no longer active
This property was sold on November 20, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $390,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric
Description
Welcome to Unit 241, Tannery Street East, Cambridge. Nestled in an exceptional location, this inviting property is the perfect home for first-time buyers, investors, or those looking to downsize. Situated in a well-maintained complex, making it an ideal choice for those who enjoy an active lifestyle & a vibrant community. The complex backs directly onto Forbes Park, providing a wealth of outdoor amenities, including a playground, splash pad, tennis club & a toboggan hillgreat for all seasons. Additionally, there are variety of local shops, salons, barbershops & restaurants within a 3-minute walk. For water enthusiasts, the Speed River is just a 5-minute walk away. The location truly couldnt be better, with easy access to public transit and quick connections to the 401 for commuters. Not only is it a prime spot for entertainment and outdoor activities, but its also a pet-friendly building, allowing you to bring your furry friend along. Step inside this bright & meticulously maintained unit. The living room is spacious & airy, perfect for relaxing or spending quality time with family and friends. Extend your living space to the private balcony. The galley kitchen is well-stocked with appliances & features an adjacent dining area, making mealtimes a breeze. On the main floor, youll also find a convenient 2-piece bath & extra storage space under the staircase. The second level features 2 generously sized bedrooms, each with ample closet space. The large 4-piece bath is located conveniently next to the laundry room. One of the standout features of this property is the impressive terrace, perfect for entertaining guests or simply relaxing. Included is one parking spot, with additional access to public transit just steps away. Dont miss out on this incredible opportunity to own a property in a highly desirable area with so many facilities within walking distance. Book your showing today.
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Property Summary
This townhouse located at 42 Tannery Street, Cambridge is currently for sale and has been available on SousaSells for 497 days. This property is listed at $390,000 with an estimated mortgage of $1,298* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 square feet. 42 Tannery Street, Cambridge
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cambridge.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1000-1199 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Water Heater
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 42 Tannery Street, Unit 241, Cambridge, ON
Q.What is the asking price for 42 Tannery Street, Unit 241, Cambridge, ON ?
The current listing price for 42 Tannery Street, Unit 241, Cambridge, ON in Cambridge is $390,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms across approximately 1000-1199 sqft.
Q.What property type and architectural style is 42 Tannery Street, Unit 241, Cambridge, ON ?
42 Tannery Street, Unit 241, Cambridge, ON is a Condo Townhouse (2-Storey) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Wall Unit(s).
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Pricing & Value Insights
Data-driven valuation for 42 Tannery Street E 241, Cambridge, ON N3C 2B9
Based on 0 recent similar sales in the pocket.
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 $390,000 in Cambridge, the legal minimum down payment is $19,500 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 $4,325 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 $4,325.
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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.