For Lease
Just Listed
138 Cranston Avenue
Cambridge, ON
$1,749
2Bd
1Ba
2,750+sqft
1Parking
60.7 x 172.21 ftlot
$1/sqft
DetachedMLS# X13617622Listed 2026-07-291 DOM
Heating
Water Heater
Cooling
Central Air
Just listed! New listings in Cambridge often receive offers within the first week.
About this home
Welcome to 138 Cranston Avenue, Unit B, Cambridge, a stunning brand-new, never-lived-in legal basement apartment offering modern comfort and exceptional convenience in the highly desirable North Galt neighbourhood. Fully renovated in 2026, this spacious 2-bedroom, 1-bathroom suite features a bright, open concept layout with a separate entrance and large windows that fill the home with natural light. Enjoy a contemporary kitchen equipped with brand-new stainless steel appliances, stylish finishes throughout, and the convenience of on-site laundry. This unit also includes 1 dedicated parking space, making everyday living easy and comfortable. Located in a quiet, family-friendly community, you'll be just minutes from schools, parks, scenic walking trails, shopping, public transit, and quick access to Highway 401, perfect for commuters. A rare opportunity to lease a beautifully finished, move-in-ready home in one of Cambridge's most sought-after neighbourhoods. Don't miss your chance to be the very first to call this exceptional property home!
RenovatedBasement Apt
Rooms
Basement
| Bedroom | 3.43 × 3.48 m | Closet Window |
| Bedroom | 3.35 × 3.35 m | Closet Window |
| Living Room | 3.50 × 3.58 m | Combined w/Dining Window Combined w/Kitchen |
Features
- Carpet Free
- Water Heater
- Apartment
- Separate Entrance
- Central Air
- 2-Storey
Financials
Estimated Rental Income
Entire property$2,600 – $3,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield1783.9% – 2607.2%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Cambridge
Days on market1 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.
59
/ 100
Walk Score
Somewhat Walkable
42
/ 100
Transit Score
Some Transit
45
/ 100
Bike Score
Somewhat 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.