245 Ainslie Street
Cambridge, ON
- 7 bed
- 4 bath
- approx. 3500-5000 sqft
- Fourplex
Spacious fourplex situated on a large lot with plenty of parking. Each unit has separate hydro, gas, and water meters. The property also features an owned solar system. All units are currently vacant, offering flexibility for an investor or buyer looking to add value. The units are generously sized with high ceilings and provide a solid opportunity for someone with a vision to make improvements and bring out the property's potential.
Listing Details
- Taxes (2026)
- $7,198
- Originally Listed
- $749,900
- Listed
- September 29, 2026
Price History
Listing history
Sign in to view
Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Stone, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete, Stone
- Interior
- Sump Pump, Solar Owned, Separate Hydro Meter
- Lot Size
- 66.12 x 168.72 Feet
Parking
- Garage
- Carport
- Covered Spaces
- 4
- Total Parking
- 12
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Ainslie St.S. and Water St S
- Parcel Number
- 38340024
- Possession
- Flexible
- Occupancy
- Vacant
Included
- Inclusions
- N/A
- Exclusions
- N/A
- Rental Items
- Hot Water Heater
Schools
Elementary
- Central Public School0.6 km
Public · Waterloo Region DSB · 255 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 38% met the provincial standard
- St Andrew's Public School0.7 km
Public · Waterloo Region DSB · 335 students
- Stewart Avenue Public School1 km
Public · Waterloo Region DSB · 510 students
Grade 3 reading: 52% met the provincial standard · Grade 6 math: 55% met the provincial standard
Secondary
- Glenview Park Secondary School0.9 km
Public · Waterloo Region DSB · 1055 students
Grade 10 literacy: 85% met the provincial standard
- Monsignor Doyle Catholic Secondary School1.8 km
Catholic · Waterloo CDSB · 1115 students
Grade 10 literacy: 92% met the provincial standard
- Galt Collegiate and Vocational Institute1.8 km
Public · Waterloo Region DSB · 960 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 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
Residential Freehold in Cambridge · last 12 months
- Median sold price
- $675,000
- Homes sold
- 1,168
- Median days on market
- 21
- Sale-to-list price
- 100.3%
Based on 1,168 recorded sales of residential freehold properties in Cambridge over the last 12 months.
Listed by
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$130,000
Estimated Monthly Payment
$3,193
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: $3,193/mo (20% down, 5.5%)
Taxes: $600/mo · Insurance: $163/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions owned solar system. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?