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265 - 40 Tannery Street

265 - 40 Tannery Street

Cambridge, ON

  • 2 bed
  • 2 bath
  • approx. 1000-1199 sqft
  • Condo Townhouse
  • 90 days on market
$325,000

Welcome to Village Square, 40 Tannery Street East, in the heart of Hespeler's charming and walkable downtown core. This unique two-storey condominium townhouse is a rare find, offering the privacy and feel of a house with the low-maintenance simplicity of condo living. The freshly painted home features a bright galley-style kitchen with updated laminate flooring, white cabinetry, granite countertops, and a full suite of appliances including refrigerator, stove, and built-in microwave. A separate dining room with chandelier lighting and large window flows naturally from the kitchen, while the generous living room offers a sliding glass door walk-out to your own private open terrace, where you'll enjoy treetop views and open sky. A two-piece powder room completes the main level. Upstairs, two well-sized carpeted bedrooms offer quiet retreat, each with baseboard heating and good natural light and vertical blinds. The four-piece renovated bathroom features a full vanity with storage and a tub-shower combination that has been renewed. A dedicated laundry and storage room with full-size Crosley washer and dryer rounds out the upper floor beautifully. Step outside and you are immediately immersed in the best of Hespeler Village. Forbes Park and its beloved annual Music Festival are right next door, along with the Hespeler Tennis Club courts, the W.G. Johnson Recreation Centre, the Speed River trail system, and the historic Carnegie-style Idea Exchange library. Local breweries, restaurants, cafes, and the popular Friday summer Hespeler Village Market are all within easy walking distance. Transit, places of worship, and the fire station are all nearby. This is an opportunity to own a piece of one of Cambridge's most vibrant and fiercely independent communities. Come see it for yourself.

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Listing Details

Taxes (2026)
$2,465
Listed
June 8, 2026

Price History

Property

Style
2-Storey
Age
31-50
Construction
Vinyl Siding, Stucco (Plaster)
Roof
Membrane
Foundation
Concrete
Interior
None

Parking

Garage
None
Covered Spaces
0
Total Parking
1

Utilities

Heat Source
Electric

Location & Legal

Cross Street
Queen Street
Zoning
C1RM2
Parcel Number
232260053
Possession
1-29 days
Occupancy
Vacant

Condo

Maintenance Fee
$586/month
Fee Includes
Water Included, CAC Included, Common Elements Included, Building Insurance Included
Pets
Yes-with Restrictions
Locker
None
Balcony
Open
Amenities
None

Included

Inclusions
Fridge, Stove, OTR Microwave, Washer, Dryer, blinds, ceiling fans (no remotes)
Exclusions
Staging Items
Rental Items
None

Schools

Elementary

  • Centennial (Cambridge) Public School0.9 km

    Public · Waterloo Region DSB · 215 students

    Grade 3 reading: 71% met the provincial standard · Grade 6 math: 36% met the provincial standard

  • Our Lady of Fatima Catholic Elementary School1 km

    Catholic · Waterloo CDSB · 375 students

    Grade 3 reading: 81% met the provincial standard · Grade 6 math: 53% met the provincial standard

  • Hillcrest Public School1 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 School1.4 km

    Public · Waterloo Region DSB · 1070 students

    Grade 10 literacy: 83% met the provincial standard

  • St Benedict Catholic Secondary School4.3 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

Residential Condo & Other in Cambridge · last 12 months

Median sold price
$675,000
Homes sold
1,235
Median days on market
19
Sale-to-list price
100.6%

Based on 1,235 recorded sales of residential condo & other properties in Cambridge over the last 12 months.

Rooms

2-piece on Main, 4-piece on Upper

Upper

  • Bathroom9'9" x 5'
  • Bedroom13'10" x 9'11"
  • Bedroom 210'8" x 9'2"
  • Laundry9'3" x 9'1"

Main

  • Bathroom8'7" x 4'4"
  • Dining Room8'6" x 8'
  • Foyer11'5" x 7'3"
  • Kitchen10'2" x 8'1"
  • Living Room12'10" x 10'10"

Listed by

RE/MAX TWIN CITY REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$65,000

Estimated Monthly Payment

$1,597

Land transfer tax

Estimated land transfer tax$3,350

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: $1,597/mo (20% down, 5.5%)

Taxes: $205/mo · Insurance: $81/mo

Maint: $586/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions treetop views. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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