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246 - 42 TANNERY STREET E, Cambridge — listed at $369,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Village living in the heart of Hespeler! This thoughtfully updated two-storey home offers 1,125 sq. ft. of comfortable living space, with a bright, functional layout and a long list of recent improvements. The main level features a stylish gallery kitchen updated in 2020, an updated powder room, and open dining and living areas with excellent storage. Large windows bring in plenty of natural light, while the balcony provides a welcoming spot to enjoy the evening. Upstairs, two generously sized bedrooms offer ample closet space, along with a beautifully renovated full bathroom featuring a walk-in shower, solid-surface vanity top, and undermount sink. The home has been freshly painted throughout, creating a clean, move-in-ready feel. Notable updates include a new electrical panel (2020) and an electric heat pump installed in 2022, providing efficient heating and air conditioning throughout both levels. A covered parking space is also included. Set beside Forbes Park and within easy walking distance of Hespeler's shops, restaurants, cafes, library, community centre, farmers' market, and other local amenities. With convenient access to Hwy 401, public transit, and surrounding Cambridge, Kitchener-Waterloo, and Guelph, this is an excellent opportunity to enjoy the character of Hespeler Village with modern comfort and convenience. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 3.05 x 2.46 meters |
| Dining room | Main level | 2.84 x 2.54 meters |
| Living room | Main level | 4.75 x 3.3 meters |
| Bathroom | Main level | 1.52 x 1.39 meters |
| Primary Bedroom | Second level | 2.92 x 5.23 meters |
| Bedroom | Second level | 2.77 x 3.95 meters |
| Bathroom | Second level | 2.92 x 1.54 meters |
| Laundry room | Second level | 2.92 x 1.45 meters |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,359, a condo/maintenance fee of $585.72/mo, heating is heat pump, baseboard heaters, electric. Always verify the latest figures with your agent before making an offer — these change yearly.
Is this a good starter home?+
At $369,900, this is priced in starter-home territory for Cambridge. With multiple bedrooms, it has room to grow into. Factor in condo fees when calculating your true monthly cost.
How is the home heated? Is it efficient?+
Heating is heat pump, baseboard heaters, electric. Electric heating can mean higher winter bills — ask for past utility statements.
Who is 246 - 42 TANNERY STREET E best suited for?+
With 2 bedrooms and 2 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What do the condo/maintenance fees cover?+
The $585.72/mo fee covers: Water, Parking.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
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Benchmark price · Updated 2026-09
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