23 MEMORY Lane
Cambridge, Ontario
- 3 bed
- 2 bath
- Single Family
There are some streets that buyers wait years to get into... Memory Lane is one of them. Welcome to 23 Memory Lane, a lovingly maintained raised bungalow located on a quiet street in one of Hespeler's most established and desirable neighbourhoods. Surrounded by mature trees and long-time homeowners, this is the type of location where pride of ownership is evident the moment you arrive. Inside, you'll discover a home that has been exceptionally well cared for and thoughtfully maintained throughout the years. The bright and functional layout offers three bedrooms, comfortable principal rooms, tasteful updates, and the flexibility that makes raised bungalows so popular with today's buyers. The lower level provides additional living space for the whole family and features a fantastic recreation area complete with a bar, dart board setup, and TV lounge space—an ideal spot for entertaining friends, watching the game, or enjoying a relaxing evening at home. Outside, the backyard offers a great mix of privacy and functionality. The hot tub area creates a comfortable space to unwind, while the large grassy yard provides plenty of room for kids, pets, gardening, or future possibilities. It's the kind of outdoor space that can easily adapt to a family's changing needs over time. The attached garage, mature lot, and family-friendly setting combine to create a property that offers both comfort and practicality. Located just minutes from Highway 401, schools, parks, trails, shopping, and the charm of downtown Hespeler, this is a rare opportunity to own a beautifully maintained home in a location that continues to be highly sought after. Welcome home to 23 Memory Lane.
Price History
Property
- Lot Size
- 0.11 acres
Schools
Elementary
- Silverheights Public School0.1 km
Public · Waterloo Region DSB · 685 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 53% met the provincial standard
- St Gabriel Catholic Elementary School0.2 km
Catholic · Waterloo CDSB · 530 students
Grade 3 reading: 92% met the provincial standard · Grade 6 math: 67% met the provincial standard
- Hillcrest Public School1.3 km
Public · Waterloo Region DSB · 370 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 46% met the provincial standard
Secondary
- Jacob Hespeler Secondary School2.6 km
Public · Waterloo Region DSB · 1070 students
Grade 10 literacy: 83% 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
- $678,000
- Homes sold
- 1,243
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,243 recorded sales of single family properties in Cambridge over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$144,980
Estimated Monthly Payment
$3,561
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,561/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $181/mo
Estimates only. Consult a financial advisor.
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