
102 - 40 CHEESE FACTORY Road
Cambridge, Ontario
3 bed • 1 bath • Single Family
Rare 3-Bedroom Ground-Floor Condo with Private Walkout & Pond Views! Welcome to Unit 102 at 40 Cheese Factory Rd — a beautifully updated and spacious 3-bedroom condo offering over 1,000 sq ft of bright, comfortable living space in a quiet, well-maintained community. This sought-after Argyll model is located on the ground floor, providing easy access and a rare private walkout patio backing onto trees and a peaceful pond, creating a relaxing outdoor retreat. Inside, the home features brand-new luxury vinyl flooring and a bright open-concept layout designed for both everyday living and entertaining. The kitchen flows seamlessly into the generous living area, where large windows and a sliding glass door fill the space with natural light and connect directly to your private outdoor space. The thoughtfully designed layout includes three spacious bedrooms, with the laundry room conveniently located nearby for everyday convenience. This move-in-ready home also includes five appliances, stainless steel finishes, central air, and an on-demand tankless hot water heater, along with a new furnace and A/C system for year-round comfort and efficiency. Additional highlights include: • One owned parking space • Direct yard access from the unit • Additional parking available for rent through management • Low condo fees and maintenance-free living • Close to schools, shopping, parks, and everyday amenities Whether you’re a first-time buyer, downsizer, or investor, this rare 3-bedroom ground-floor condo with private outdoor space offers exceptional value in a convenient Cambridge location. Move-in ready and waiting for you — book your showing today!
Price History
Schools
Elementary
- Holy Spirit Catholic Elementary School0.5 km
Catholic · Waterloo CDSB · 590 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 61% met the provincial standard
- St Vincent de Paul Catholic Elementary School0.5 km
Catholic · Waterloo CDSB · 685 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 66% met the provincial standard
- Stewart Avenue Public School1.2 km
Public · Waterloo Region DSB · 510 students
Grade 3 reading: 52% met the provincial standard · Grade 6 math: 55% met the provincial standard
Secondary
- Monsignor Doyle Catholic Secondary School0.6 km
Catholic · Waterloo CDSB · 1115 students
Grade 10 literacy: 92% met the provincial standard
- Glenview Park Secondary School1.4 km
Public · Waterloo Region DSB · 1055 students
Grade 10 literacy: 85% met the provincial standard
- Galt Collegiate and Vocational Institute3.7 km
Public · Waterloo Region DSB · 960 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N1P
- Population
- 7,991
- Private dwellings
- 2,526
- Median age
- 36
- Average household size
- 3.2
- Median household income
- $118,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Cambridge · last 12 months
- Median sold price
- $675,900
- Homes sold
- 1,254
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,254 recorded sales of single family properties in Cambridge over the last 12 months.
Location
Mortgage Calculator
$99,980
Estimated Monthly Payment
$2,456
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,456/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $125/mo
Estimates only. Consult a financial advisor.
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