605 WATERLOO Street
Cambridge, Ontario
2 bed • 1 bath • Single Family
Attention investors, handymen, first time buyers & more! What an opportunity to own this cute as a button red brick bungalow in a desirable south Preston neighbourhood! The curb appeal is undeniable, and the square footage will allow for comfortable living with plenty of space to enjoy. The main floor provides a spacious kitchen with open concept design to the dining and living room areas. Entertain very comfortably in this space with enough room for a large gathering with family and friends. Walk out to a lovely deck and concrete patio and enjoy your outdoor space complete with a manageable amount of yard to enjoy. The main floor is complete with 2 bedrooms, bathroom, and a large sitting room with fireplace that could be converted to a primary bedroom at the front of the home. The potential continues in the basement with an expansive rec room with built in shelving and large utility room with plenty of storage. Close to all amenities, just steps from parks, trails and minutes to highway 401, this is your opportunity to own in beautiful south Preston and make this home your own.
Price History
Property
- Lot Size
- 0.1 acres
Schools
Secondary
- Preston High School0.2 km
Public · Waterloo Region DSB · 855 students
Grade 10 literacy: 77% met the provincial standard
- ÉSC Père-René-de-Galinée3.7 km
French Catholic · CS catholique MonAvenir · 495 students
Grade 10 literacy: 94% met the provincial standard
- Galt Collegiate and Vocational Institute4.7 km
Public · Waterloo Region DSB · 960 students
Grade 10 literacy: 83% met the provincial standard
Elementary
- St Joseph Catholic Elementary School0.4 km
Catholic · Waterloo CDSB · 280 students
Grade 3 reading: 86% met the provincial standard · Grade 6 math: 70% met the provincial standard
- Grand View Public School0.8 km
Public · Waterloo Region DSB · 250 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 39% met the provincial standard
- Preston Public School0.8 km
Public · Waterloo Region DSB · 315 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 41% 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
- 1,255
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,255 recorded sales of single family properties in Cambridge over the last 12 months.
Location
Mortgage Calculator
$89,980
Estimated Monthly Payment
$2,210
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,210/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $112/mo
Estimates only. Consult a financial advisor.
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