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31 - 245 BISHOP Street

31 - 245 BISHOP Street

Cambridge, Ontario

3 bed • 2 bath • Single Family

$559,900

This spacious 3 bedroom 2 bath townhome is ideally located just steps from the Grand River. This well maintained home offers hardwood floors and California shutters on the main level and no carpet throughout! A bright, functional layout with an open concept living and dining area, a practical kitchen with ample storage. The three generously sized bedrooms offers lots of space perfect for families, first time buyers, or investors. Enjoy the added convenience of a private garage and low maintenance living, all in a scenic setting. Situated next to the Grand River, you’ll have easy access to beautiful walking trails, green space, and outdoor recreation right at your doorstep. Located in a desirable Cambridge neighbourhood, close to schools, shopping, restaurants, parks, and transit, with quick access to Highway 401 for commuters. A rare opportunity to own a family friendly home in a nature filled location don’t miss it! Condo fees include: Water, Building insurance, building maintenance, C.A.M., common elements, doors, windows, roof, ground maintenance/landscaping, parking, private garbage removal, property management fees and snow removal.

Price History

Schools

Elementary

  • Grand View Public School0.7 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 School1.5 km

    Public · Waterloo Region DSB · 855 students

    Grade 10 literacy: 77% met the provincial standard

  • Galt Collegiate and Vocational Institute3.2 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 N1R

Population
42,928
Private dwellings
18,081
Median age
40.8
Average household size
2.5
Median household income
$77,000

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.

Walk Score

72

Walk

44

Transit

65

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$111,980

Estimated Monthly Payment

$2,751

Investment Analysis

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

Mortgage: $2,751/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $140/mo

Estimates only. Consult a financial advisor.

R

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