Unit 31, 245 Bishop Street S
Cambridge (Preston South), ON N3H 5N2
River's CrestSee every listing here- 3Bedrooms
- 2Bathrooms
- 2Parking
- 1400–1599Sq Ft
- $3,232Tax
- $471/moCondo Fee
Estimated Value:$532,131See Free Estimate Report
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About Unit 31, 245 Bishop Street S, Cambridge, Preston South
Summarized Description
- Spacious 3 bedroom, 2 bath townhome.
- Hardwood floors and no carpet throughout.
- Open concept living and dining area.
- Private garage for added convenience.
- Located next to Grand River's scenic trails.
- Desirable neighborhood with schools and shopping.
- Ideal for families, first-time buyers, or investors.
- Low maintenance living in a nature-filled location.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,232
- Land Transfer Tax Fee
- $7,673
Condo/Maintenance Fee
- Maintenance Fee
- $471 /month
Included In Maintenance Fee
- Common Elements Included
- Water Included
- Building Insurance Included
- Basement Type
- Finished with Walk-Out
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Laundry Level
- Main Level
- Interior Extras
- None
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas
- Elevator
- No
Exterior Features
- Balcony
- Open
Building Amenities
- BBQs Allowed
Building
- Building Type
- Condo Townhouse
- Building Style
- 3-Storey
- Condo Corp Number
- 212
Construction
- Exposure
- South
- Exterior Finish
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Special Designation
- Unknown
Inclusions
- Inclusions
- Dishwasher, Dryer, Garage Door Opener, Hot Water Tank Owned, Refrigerator, Stove, Washer, Window Coverings
Exclusions
- Exclusions
- Microwave and Alarm system: includes thermostat panel and fire alarms as they are attached. Fire alarms and thermostat will be replaced.
Parking & Garages
- Garage Type
- Built-In
- Garage Spaces
- 1
- Parking Type
- Owned
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 2
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 3
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Kitchen—Flat level, Hardwood Floor, Stainless Steel Appl
- Dining Room—Flat level, Hardwood Floor
- Living Room—Flat level, Hardwood Floor
- Primary Bedroom—Second level, Laminate
- Bedroom 2—Second level, Laminate
- Bedroom 3—Second level, Laminate
- Recreation—Basement level
Washrooms
- 2-piece, Flat
- 4-piece, Second
- Municipality
- Cambridge
- Neighbourhood
- Preston South
- Main cross streets
- Bishop St S and King St E
- Directions
- CORONATION BLVD TO BISHOP ST S
- MLS® number
- X13214112
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-30
- Listed on
- 2026-05-27
- Days on market
- 126 days
- Possession type
- 60-89 days
- Co-op commission
- 2%
- Seller
- Listed by
- eXp Realty
Home Market Value
Current home valuation for Unit 31, 245 Bishop Street S, Cambridge, Preston South, Cambridge, ON. Listed for $559,900
HOMEH Estimate
$532,131
Estimated Sales Range
$420,383 - $643,879
HOMEH Estimate for Unit 31, 245 Bishop Street S, Cambridge, Preston South
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $59,900 over $500K
$30,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $21,142 | $15,621 | $13,326 | $0 |
=Total mortgage | $549,688 | $519,531 | $489,241 | $447,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,684monthly | $2,537monthly | $2,389monthly | $2,187monthly |
Land Transfer Tax
$7,673
$7,673
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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