555 HAMILTON Street
Cambridge, Ontario
3 bed • 1 bath • Single Family
You can renovate a house, but you can not recreate a great setting. This one-owner home was severed from the original homestead offering over 10,000 sq ft of property close to downtown Preston. A secluded yard gives you peace and tranquility right in the heart of the city. It is positioned close to shops, restaurants, the walking trails along the Grand River, and all the fun festivals at Riverside Park. The detached garage with a carport is perfect for hobbiests. The adorable bungaloft offers its buyers loads of character, from the carved custom cabinets to the retro glass light fixtures. With 2 bedrooms on the main floor and a third on the second floor, there is room for family and guests. The back addition is bright and sturdy; it would make for a fantastic future kitchen. Strip back all the carpets on the main floor to reveal the hardwood floors throughout. The wood-burning fireplace with a fan in the front living room offers incredible heat during the cold, long Canadian winter months. This home is ready for its next owners. This location sold them decades ago, but it's the gorgeous property that convinced them to stay!
Price History
Schools
Elementary
- Preston Public School0.4 km
Public · Waterloo Region DSB · 315 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 41% met the provincial standard
- St Joseph Catholic Elementary School0.7 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 School0.7 km
Public · Waterloo Region DSB · 250 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 39% met the provincial standard
Secondary
- Preston High School0.5 km
Public · Waterloo Region DSB · 855 students
Grade 10 literacy: 77% met the provincial standard
- ÉSC Père-René-de-Galinée3.6 km
French Catholic · CS catholique MonAvenir · 495 students
Grade 10 literacy: 94% met the provincial standard
- Jacob Hespeler Secondary School4.4 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 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.
Walk Score
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Location
Mortgage Calculator
$103,000
Estimated Monthly Payment
$2,530
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,530/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $129/mo
Estimates only. Consult a financial advisor.
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