257 MELROSE Street
Cambridge
2 bed • Single Family
Imagine your morning coffee on this covered front porch. Meticulously maintained and beautifully updated 2-bedroom detached home in desirable Preston North, just minutes to Hwy 401 and walking distance to Riverside Park and the Grand River. This move-in ready home features a bright layout , sky lights and large windows. Upgraded kitchen and bathroom, along with thoughtful updates and quality finishes throughout. A rare finished basement find with high ceilings and a washroom adds that valuable living space for your future game day headquarters. Enjoy the large deck overlooking a private oversized fully fenced yard with shed, or relax on the charming covered front porch. Major systems including plumbing, electrical, heating, A/C, roof, windows, doors, and appliances have been well maintained. A perfect opportunity for first-time buyers or down-sizers seeking a turn-key home in a fantastic location.
Price History
Schools
Elementary
- Preston Public School0.6 km
Public · Waterloo Region DSB · 315 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 41% met the provincial standard
- Coronation Public School0.7 km
Public · Waterloo Region DSB · 325 students
Grade 3 reading: 89% met the provincial standard · Grade 6 math: 46% met the provincial standard
- St Michael Catholic Elementary School0.9 km
Catholic · Waterloo CDSB · 310 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 31% met the provincial standard
Secondary
- Preston High School1.6 km
Public · Waterloo Region DSB · 855 students
Grade 10 literacy: 77% met the provincial standard
- Jacob Hespeler Secondary School3.4 km
Public · Waterloo Region DSB · 1070 students
Grade 10 literacy: 83% met the provincial standard
- ÉSC Père-René-de-Galinée3.4 km
French Catholic · CS catholique MonAvenir · 495 students
Grade 10 literacy: 94% 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 N3H
- Population
- 24,306
- Private dwellings
- 10,220
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $82,000
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
- $675,000
- Homes sold
- 1,253
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,253 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.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?