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Property Type: Detached HouseOwnership: Freehold
1243 WHITLEY Street
Cambridge, ON N3H1G3
MLS® 40872638
64
Walk Score
38
Transit
63
Bike
$499,900
3 bed1 bath7 parking1,030 sqftBuilt 1946
64
Walk Score
38
Transit
63
Bike
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Lot size
- 0.13 acres
- Frontage
- 153 feet
R5
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,538.5
Interior
- Basement
- Partially finished, Full
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 11'2'' x 7'2'' |
| Laundry room | Basement | 6'11'' x 10'6'' |
| Bedroom | Basement | 15'1'' x 7'10'' |
| Bedroom | Basement | 10'9'' x 10'7'' |
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 11'4'' x 12'1'' |
| Living room | Main level | 10'8'' x 12'5'' |
| Kitchen | Main level | 12'9'' x 11'11'' |
| Dining room | Main level | 8'2'' x 11'5'' |
Description
Incredibly flexible, surprisingly chic, and fresh to the market at an outstanding price point - 1243 Whitley Street sits in a quieter pocket of Central Preston, prepared to be put to new purpose by its next lucky owner. Newly painted, awash in natural light and very tidy, this three-bedroom (1+2) bungalow boasts ample space for a work-from-home setup, room for larger gatherings with family and friends in a charming living room with gas fireplace and custom stone surround and a kitchen to match, featuring granite countertops, abundant prep and storage space, and a gas range. Moving down the hall from the kitchen and past a neatly designed built-in, you'll discover an unexpectedly large primary bath complete with an oversized Maxx soaker tub and roomy stand up shower enclosure. The primary bedroom lies across the way to the front of the home, with its large step-out closet and bright double-aspect window sets. Residing downstairs are two additional bedrooms, plus a handy utility and laundry space. Heading back upstairs and outside via the living room's sliding doors, take your time to take in a fenced yard that features a deck (complete with hot tub), a sizable gazebo with natural gas line for BBQs and warm weather entertaining, plus a storage shed and gated side access leading through to the property's party-piece - a 25x25 detached garage/workshop. This space is separately metered for gas and hydro with a new roof having been installed in 2023, and is independently heated and cooled. Future uses for this space are limited only by your imagination! This home sits right around the corner from Riverside Park, within 5 minutes of the shopping and amenities of both Downtown Preston and Hespeler Road, and less than 10 minutes from the 401 at Highway 24. (id:63161)
Listing Information
- MLS®
- 40872638
- Data last synced
- October 26, 2026
Chestnut Park Realty Southwestern Ontario Limited
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Chestnut Park Realty Southwestern Ontario Limited
MLS® Number: 40872638
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$485/sqft
Building average
—
No other active listings in this building
52 - Preston North average
$374/sqft
17 active listing(s)
Parking: 7 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
139,163
(2021 Census)
+6.6% since 2016
Density:
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($24,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$399,920.00
Periodic payment — Principal & Interest (monthly)$2,580.15
Additional monthly expenses (condo fees, tax, utilities, etc.)$346.88
Total monthly cost$2,927.02
Interest paid over 5-yr term$114,618.22
Balance at end of term$359,729.33
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$24,995
Stress test qualifying rate8.19%
Payment you must qualify for$3,682.29
Cash Needed at Closing
Minimum down payment$24,995
Estimated Land Transfer Tax (LTT)$6,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,968
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
