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Property Type: Condo / ApartmentOwnership: Condominium
40 E TANNERY Street E Unit# 263
Cambridge, ON N3C2B9
MLS® 40864080
$314,900
2 bed2.5 bath1 parking1,158 sqft
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
C1RM2
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $586/mo
- Annual property tax
- $2,220
Maintenance Fee Includes
WaterManagement
Also included: Insurance
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Second level | 9'0'' x 7'0'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 10'0'' x 9'0'' |
| Primary Bedroom | Second level | 9'0'' x 15'0'' |
| 2pc Bathroom | Main level | — |
| Living room | Main level | 10'0'' x 12'0'' |
| Dinette | Main level | 9'0'' x 8'0'' |
| Kitchen | Main level | 7'0'' x 10'2'' |
Description
A great 2 storey apartment condo located in Village Square right in the heart of Hespeler's downtown core. This unique condo townhouse apartment has been freshly painted and new carpet though out. This condo living offers low maintenance for an apartment but feels like a townhouse. Inside is a galley kitchen adjacent to the dinette area, a living room space with convenience to the sliding patio doors to a balcony. A 2 piece bathroom and storage is also on the main level. Upstairs features 2 bedrooms, a 4 piece bathroom, and laundry conveniently located on the upper level. Great property to get into the market. (id:63159)
Listing Information
- MLS®
- 40864080
- Data last synced
- October 15, 2026
Re/Max Real Estate Centre Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Re/Max Real Estate Centre Inc.
MLS® Number: 40864080
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
$272/sqft
Building average
—
No other active listings in this building
43 - Hillcrest/Forbes Park average
$594/sqft
5 active listing(s)
Parking: 1 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% ($15,745) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$251,920.00
Periodic payment — Principal & Interest (monthly)$1,625.30
Additional monthly expenses (condo fees, tax, utilities, etc.)$829.00
Total monthly cost$2,454.30
Interest paid over 5-yr term$72,201.00
Balance at end of term$226,602.85
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$15,745
Stress test qualifying rate8.19%
Payment you must qualify for$2,319.57
Cash Needed at Closing
Minimum down payment$15,745
Estimated Land Transfer Tax (LTT)$3,199
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,444
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.
