248 Cyrus Street, Cambridge, ON N3H 1H3
Cambridge
LIVE FOR FREE IN CAMBRIDGE! An exceptional opportunity for homeowners and investors alike. This beautifully renovated bungalow with a legal accessory apartment offers the rare chance to significantly offset your mortgage-or potentially live for little to no cost-thanks to the strong rental income already in place. Situated on a generous 50-foot-wide lot in a desirable Cambridge neighbourhood, this property has been extensively updated from top to bottom. With major improvements already completed, including updated mechanicals, there is truly nothing left to do but move in and enjoy. The upper unit is currently leased to a wonderful family for $2,500 per month, providing immediate income from day one. The vacant lower-level legal apartment offers incredible flexibility: occupy it yourself while collecting rent from upstairs, or rent both units and maximize your return. Outside, you'll appreciate the newly widened driveway with parking for 5 to 6 vehicles, making it ideal for multi-generational living, tenants, guests, or hobbyists requiring extra parking. Whether you're a first-time buyer looking for mortgage assistance, a savvy investor seeking a turn-key income property, or someone wanting flexible living arrangements, this home checks all the boxes. Please note: Photos of the upper-level unit were taken prior to the current tenancy. The space is presently occupied by an excellent family who always pay their rent on time . Properties offering this level of renovation, flexibility, and income potential rarely become available. Don't miss your opportunity to own a turn-key property that works for you from the moment you take possession.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 248 Cyrus Street, Cambridge, ON N3H 1H3
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MLS# X13483020
Listed by Keller Williams Home Group Realty
On market since Jun 24, 2026
248 Cyrus Street, Cambridge, ON N3H 1H3 is listed for $749,000 CAD.
248 Cyrus Street, Cambridge, ON N3H 1H3 has 5 bedrooms and 2 bathrooms.
248 Cyrus Street, Cambridge, ON N3H 1H3 is a Duplex.
248 Cyrus Street, Cambridge, ON N3H 1H3 is in Cambridge, Ontario.
248 Cyrus Street, Cambridge, ON N3H 1H3 is currently for sale.
Contact Alex Morgan at +16471112222 to arrange a private showing of 248 Cyrus Street, Cambridge, ON N3H 1H3 (MLS# X13483020). You can also send a message through the contact form on this site.
