For sale 50$749,900
248 Cyrus Street
Cambridge, Ontario N3H1H3
For sale· Added
About this home
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.
Location
Map data © OpenStreetMap contributors
Upcoming open housesSee all Cambridge open houses
No open houses are scheduled for this home.
Can't make it? Request a private viewing.
Property details
Listing
- MLS® number
- X13626800
- Added
- Jul 31, 2026 ()
- Updated
- Oct 13, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Duplex
- Style
- Raised bungalow
- Storeys
- 1
Inside
- Bedrooms
- 3+2
- Bathrooms
- 2
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- No
- Appliances
- Washer, Refrigerator, Water meter, Water softener, Stove, Dryer, Water Heater
Building
- Basement
- Finished, Apartment in basement, Separate entrance, Walk out
- Exterior
- Brick
- Foundation
- Poured Concrete
- Parking
- No Garage · 5 spaces
Land
- Lot size
- 50 x 101.2 ft
- Zoning
- R4
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- Hillcrest
- Directions
- Fountain ST North to Kitchener Road to Cyrus.
Running costs
- Annual property tax
- $4,174
Price history
| Oct 13, 2026 | $749,900 | ▲ $50,900 |
| Sep 19, 2026 | $699,000 | First recorded price |
Price changes since Sep 19, 2026.
Rooms
| Primary Bedroom | Upper Level | 3.35 x 3.25 m |
| Living room | Upper Level | 4.95 x 3.58 m |
| Bedroom | Lower level | 3.96 x 4.06 m |
| Cold room | Lower level | 1.12 x 2.9 m |
| Bedroom | Lower level | 5.97 x 3.45 m |
| Bedroom | Upper Level | 2.59 x 3.15 m |
| Bathroom | Upper Level | 2.34 x 1.42 m |
| Bedroom | Upper Level | 3.35 x 3.15 m |
| Kitchen | Lower level | 4.65 x 2.49 m |
| Bathroom | Lower level | 3 x 1.78 m |
| Utility room | Lower level | 2.67 x 1.45 m |
| Dining room | Upper Level | 2.34 x 2.67 m |
| Kitchen | Upper Level | 3.61 x 3.35 m |
Similar homes in Cambridge
For sale 50









