1243 Whitley Street, Cambridge

$499,900
1243 Whitley Street

$499,900

New
3d
DetachedBungalow

1243 Whitley Street, Cambridge

Total Monthly Obligation $2,686

Beds
3
Baths
1
Park
5
Sqft
700-1100
DOM
3d
Yield
6.5%
Cash on Cash
3.5%
Cap Rate
5.3%
5Y IRR
18.4%
10Y IRR
16.9%
Property Type-Detached
MLS® Number-X14098346
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-153.1 × 76.4 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,538.5 (2026)
Parking-7 - Detached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

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.

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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,686/mo
Mortgage $2,016
Monthly Loss $2,156
Principal$531
Interest$1,486
Property Tax$295
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1243 Whitley Street

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