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For Sale

245 Bishop Street S 31 #31

Cambridge, ON
$559,900
3Bd
2Ba
1,500+sqft
2Parking
$373/sqft
Condo TownMLS# X13214112Listed 2026-05-2924 DOM
Cooling
Central Air
Basement
Finished with Walk-Out

About this home

This spacious 3 bedroom 2 bath townhome is ideally located just steps from the Grand River. This well maintained home offers hardwood floors and California shutters on the main level and no carpet throughout! A bright, functional layout with an open concept living and dining area, a practical kitchen with ample storage. The three generously sized bedrooms offers lots of space perfect for families, first time buyers, or investors. Enjoy the added convenience of a private garage and low maintenance living, all in a scenic setting. Situated next to the Grand River, you'll have easy access to beautiful walking trails, green space, and outdoor recreation right at your doorstep. Located in a desirable Cambridge neighbourhood, close to schools, shopping, restaurants, parks, and transit, with quick access to Highway 401 for commuters. A rare opportunity to own a family friendly home in a nature filled location don't miss it! Condo fees include: Water, Building insurance, building maintenance, C.A.M., common elements, doors, windows, roof, ground maintenance/landscaping, parking, private garbage removal, property management fees and snow removal.

GarageHardwood

Rooms

Second Floor
Primary Bedroom5.42 × 3.71 m
Bedroom 22.62 × 2.98 m
Bedroom 32.69 × 4.32 m
Basement
Recreation5.45 × 3.85 m
Other
Kitchen2.91 × 4.71 m
Dining Room2.79 × 3.63 m
Living Room2.67 × 4.26 m

Features

  • None
  • Finished with Walk-Out
  • Central Air
  • 3-Storey

Financials

Annual Taxes
$3,232

Estimated Rental Income

Entire property$3,200 – $4,200/mo
Rental yield6.9% – 9.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Cambridge

Days on market24 days
Buyer's MarketSeller's Market

Based on active listings in Cambridge. Data updates daily.

Our estimate for this home

Priced 8.0% below estimate
Estimated range
$563K$655K
Mid-point $609K · ~$406/sqft
How this listing compares
$563KList · $560K$655K
High confidence·Based on 47 cambridge comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

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.

$559,900
245 Bishop Street S 31, Cambridge
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