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4 - 245 BISHOP Street

4 - 245 BISHOP Street

Cambridge, Ontario

2 bed • 3 bath • Single Family

$550,000

ONE OF A KIND! DON'T MISS OUT! Welcome to Unit #4-245 Bishop Street S. - a rare opportunity to own a stunning three storey condo townhouse backing directly onto the scenic Grand River. Lower Level features a large family room with walkout to lower patio, direct entry door from garage and a 2 piece shower...perfect for cleaning off your dogs paws after a long walk along the river. The next level features a bright sunfilled eat-in kitchen, two piece bath, combined living room and dining stretching across the back of the home offering breathtaking year round views. The upper landing features an area perfect for a home office/library/crafts area. The upper level features a second bedroom, 4 piece bath and a large primary bedroom with ample closet space, and incredible year round views of The Grand River. The oversized garage offers plenty of room for storage. Enjoy your brand new Air Conditioning Unit, new garage door opener and remote and new stainless steel refrigerator! This home delivers a lifestyle that is truly second to none. Imagine waking up to the sights and sounds of nature with ever-changing river views right from your own backyard. Whether it's kayaking at sunrise, casting a line for a peaceful afternoon of fishing, or simply enjoying the tranquility of the water, this property is a dream for outdoor enthusiasts, bird watchers, and nature lovers alike. Step outside and connect instantly to the picturesque Bob McMullen Linear Trail-a beloved riverside pathway perfect for walking, jogging, cross country skiing, snowshoeing, or cycling along the Grand River's edge. Despite its serene, cottage-like setting, this home is conveniently located within easy driving distance to all amenities, shopping, dining, and commuter routes-offering the perfect balance of nature and convenience. Opportunities like this are incredibly rare. Experience the beauty, lifestyle, and peace that only riverside living can offer.

Price History

Schools

Elementary

  • 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

  • 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

  • Blue Heron Public School1 km

    Public · Waterloo Region DSB · 400 students

    Grade 3 reading: 69% met the provincial standard · Grade 6 math: 42% met the provincial standard

Secondary

  • Preston High School1.6 km

    Public · Waterloo Region DSB · 855 students

    Grade 10 literacy: 77% met the provincial standard

  • Galt Collegiate and Vocational Institute3.1 km

    Public · Waterloo Region DSB · 960 students

    Grade 10 literacy: 83% met the provincial standard

  • St Benedict Catholic Secondary School3.7 km

    Catholic · Waterloo CDSB · 1955 students

    Grade 10 literacy: 90% 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

$110,000

Estimated Monthly Payment

$2,702

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,702/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $138/mo

Estimates only. Consult a financial advisor.

R

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