For Lease
48 Clarence Street 2 #2
Cambridge, ON
$1,350
1Bd
1Ba
< 700sqft
1Parking
DetachedMLS# X12978404Listed 2026-04-0969 DOM
Basement
Walk-Out
On the market for 69 days — longer than average. The seller may be open to negotiation.
About this home
Beautifully renovated 1-bedroom, 1-bathroom basement unit available for lease in a convenient Cambridge location. This bright and spacious unit features an upgraded kitchen, modern bathroom, ample closet space, and plenty of natural light throughout. Enjoy access to a private terrace/backyard, perfect for relaxing.Ideally located close to parks, public transit, bus stops, schools, shopping centres, grocery stores, restaurants, bars, and sports clubs. Includes 1 parking space.Rent is $1,500/month plus 25% of utilities. .Available immediately.
Renovated
Features
- Carpet Free
- Walk-Out
- Other
- 2-Storey
Financials
Estimated Rental Income
Entire property$2,000 – $3,000/mo
Rental yield1777.8% – 2666.7%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Cambridge
Days on market69 days
Buyer's MarketSeller's Market
Based on active listings in Cambridge. Data updates daily.
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Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
60
/ 100
Walk Score
Somewhat Walkable
45
/ 100
Transit Score
Some Transit
52
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.