INCREDIBLE LOCATION. DUPLEX POTENTIAL - SEPERATE ENTRANCE ALREADY HERE. 118 ft X 150 ft LOT. 2 DRIVEWAYS. Plenty of room for your boats, trailers and toys. Endless potential in this spacious 2-bedroom with potential for 5, 3-bathroom home located in the heart of Cambridge! Situated on a large lot with separate driveways and parking for up to 6 vehicles, this property offers incredible duplex potential with a fully separate basement apartment. Both units offer their own kitchen space, living rooms and laundry! The main level offers 3 bedrooms and 2 bathrooms, the living space offers a gas fireplace. The basement unit offers a large living space, 2 bathrooms, a den, and large rec room, which can easily be converted into 3 bedrooms. Whether you're looking for a multi-generational living setup or an investment opportunity, this home has it all. The large back space can be used for a workshop for the every day handyman. The large backyard spaces offer potential for kids play areas, sheds and more! Centrally located with easy access to Highway 401 and Highway 8, and just minutes from Kitchener, Waterloo, and Guelph. Recent updates include a new roof (2020). Don’t miss this versatile and well-located property!
Property Type:
Residential
Property SubType:
Single Family Residence
Year built:
1962
(Age: 64)
Listing General Location:
56 - Maple Grove, Riverbank, Royal Oak, 15 - Preston
Bedrooms:
5
Bathrooms:
4.0
(Full:4/Half:0)
Lot Details:
118.25 x 150
Lot Depth:
150'45.7 m
Lot Frontage:
118'3"36 m
Frontage Type:
North
Kitchens:
2
Home Style:
Bungalow
County Or Parish:
Waterloo
Property Attached:
Detached
Features:
Attached Garage: Yes, Crops Included: No, Garage: Yes, Common Elements Fee: No, New Construction: No
Data was last updated February 9, 2026 at 11:50 PM (UTC)
Area Statistics
Listings on market:
43
Avg list price:
$629,900
Min list price:
$375,000
Max list price:
$2,249,900
Avg days on market:
35
Min days on market:
5
Max days on market:
279
Avg price per sq.ft.:
$380.71
These statistics are generated based on the current listing's property type
and located in
15 - Preston. Average values are
derived using median calculations. This data is not produced by the MLS® system.