40 MERLENE Court
Cambridge, Ontario
3 bed • 3 bath • Single Family
Hespeler Court location plus a commuters dream! Just 5 minutes to Hwy 401 and yet, you're on a quiet court. Location, location, location. This home has features that others in the same price point do not. Ensuite for the primary, second floor laundry room, as well as a finished basement with additional bedroom, bathroom and rec room. Don't forget about the quiet court location! This 4 bedroom, 4 bathroom home has space for everyone and offers peace of mind with the major components in great shape. Furnace new in 2019, water heater new in 2019, front windows (with lifetime warranty) were done in 2022, staircase and upper flooring done in 2023. There is also a gas line for the BBQ. All appliances currently in the home are included, plus the gas BBQ as well.
Price History
Schools
Elementary
- Our Lady of Fatima Catholic Elementary School0.3 km
Catholic · Waterloo CDSB · 375 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 53% met the provincial standard
- Hillcrest Public School0.4 km
Public · Waterloo Region DSB · 370 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 46% met the provincial standard
- Woodland Park Public School0.6 km
Public · Waterloo Region DSB · 370 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 54% met the provincial standard
Secondary
- Jacob Hespeler Secondary School2.5 km
Public · Waterloo Region DSB · 1070 students
Grade 10 literacy: 83% met the provincial standard
- St Benedict Catholic Secondary School4.6 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 N3C
- Population
- 27,518
- Private dwellings
- 9,657
- Median age
- 38.8
- Average household size
- 2.9
- Median household income
- $114,000
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
$149,980
Estimated Monthly Payment
$3,684
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,684/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $187/mo
Estimates only. Consult a financial advisor.
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