248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge
  • 248 CYRUS Street Cambridge

248 CYRUS Street, Cambridge, Ontario

$699,000

  • 5 Beds
  • 2 Baths
  • 1,000 Square Feet

LIVE FOR FREE IN CAMBRIDGE! An exceptional opportunity for homeowners and investors alike. This beautifully renovated bungalow with a legal accessory apartment offers the rare chance to significantly offset your mortgage-or potentially live for little to no cost-thanks to the strong rental income already in place. Situated on a generous 50-foot-wide lot in a desirable Cambridge neighbourhood, this property has been extensively updated from top to bottom. With major improvements already completed, including updated mechanicals, there is truly nothing left to do but move in and enjoy. The upper unit is currently leased to a wonderful family for $2,500 per month, providing immediate income from day one. The vacant lower-level legal apartment offers incredible flexibility: occupy it yourself while collecting rent from upstairs, or rent both units and maximize your return. Outside, you'll appreciate the newly widened driveway with parking for 5 to 6 vehicles, making it ideal for multi-generational living, tenants, guests, or hobbyists requiring extra parking. Whether you're a first-time buyer looking for mortgage assistance, a savvy investor seeking a turn-key income property, or someone wanting flexible living arrangements, this home checks all the boxes. Please note: Photos of the upper-level unit were taken prior to the current tenancy. The space is presently occupied by an excellent family who always pay their rent on time . Properties offering this level of renovation, flexibility, and income potential rarely become available. Don't miss your opportunity to own a turn-key property that works for you from the moment you take possession. (id:23309)

  • Listing ID: 40852664
  • Property Type: Single Family
  • Year Built: 1970

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Rooms

LevelTypeDimensions
Lower LevelCold Room3'8'' x 9'6''
Lower Level3pc Bathroom9'10'' x 5'10''
Lower LevelUtility Room8'9'' x 4'9''
Lower LevelKitchen15'3'' x 8'2''
Lower LevelBedroom13'0'' x 13'4''
Lower LevelBedroom19'7'' x 11'4''
Main LevelDining Room7'8'' x 8'9''
Main Level4pc Bathroom7'8'' x 4'8''
Main LevelBedroom8'6'' x 10'4''
Main LevelBedroom11'0'' x 10'4''
Main LevelPrimary Bedroom11'0'' x 10'8''
Main LevelKitchen11'10'' x 11'0''
Main LevelLiving Room16'3'' x 11'9''

Details

  • Amenities Nearby: Park, Shopping
  • Community Features: Quiet Area
  • Features: Paved driveway
  • Ownership: Freehold
  • Parking Spaces: 5
  • Transaction: For sale
  • Zoning Description: R4

Building

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Water softener, Washer, Range - Gas, Microwave Built-in
  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Bedrooms Main Level: 3
  • Bedrooms Lower Level: 2
  • Constructed Date: 1970
  • Construction Style Attachment: Detached
  • Cooling: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1000 sqft
  • Stories Total: 1
  • Type: House
  • Utility Water: Municipal water

Land

  • Access Type: Highway access
  • Amenities: Park, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 50 ft

This property for sale is located at 248 CYRUS Street in Cambridge. It was last modified on July 31st 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Cambridge homes for sale.

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