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For saleMLS® X14080988

242 Chestnut Street S, Cambridge, ON N3H 2J7

Preston · N3H 2J7

$499,900

$714 / sq ft

3 weeks on market

Bedrooms
2
Bathrooms
1
Interior
700 sf
Parking
2
Lot
75 × 60 ft
Age
51-99 years

What's special

  • Carport garage
  • Central air
  • Water heater

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About this property

Welcome to 242 Chestnut Street South, located in the established neighbourhood! This charming brick bungalow offers comfortable, convenient living with 2 bedrooms and 1 full bathroom. The home features a functional layout, a kitchen with white cabinetry, main floor laundry and carpet free throughout. Outside, enjoy the added convenience of a covered carport, private driveway, and a yard with space to relax and enjoy the outdoors. Situated in a mature residential neighbourhood, this property offers the charm of an established community with the convenience of nearby amenities. Enjoy easy access to schools, parks, shopping, restaurants, public transit, and the shops and services of downtown. With Highway 401 and other major routes within convenient reach, commuting throughout Cambridge, Kitchener-Waterloo, and the surrounding areas is easy. Whether you're a first-time buyer, downsizer, or simply looking for the convenience of bungalow living, this property offers a wonderful opportunity to call home!

Rooms

5 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenMain5.03 × 3.43 m16.5 × 11.3 ft—
Living RoomMain5.18 × 3.45 m17.0 × 11.3 ft—
Primary BedroomMain3.48 × 2.82 m11.4 × 9.3 ft—
BedroomMain3.48 × 2.77 m11.4 × 9.1 ft—
LaundryMain4.34 × 1.91 m14.2 × 6.3 ft—

Features

  • Water Heater

Property details

Property

Property type
detached
Bedrooms
2
Bathrooms
1
Interior size
700 sq ft
Year built
51-99
Lot size
75 × 60 ft
Zoning
R4
Possession
Flexible

Interior

Basement
Crawl Space
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
East

Exterior & services

Construction
Brick
Garage
Carport
Parking spaces
2
Sewer
Sewer

Costs

List price
$499,900
Property taxes
$2,913 / year (2025)
Price per sq ft
$714
Rental items
Hot Water Tank

Listing

MLS® number
X14080988
Status
For sale
Listed
October 15, 2026
Days on market
21
Last updated
October 19, 2026
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 8% of comparable detached listings in Preston are asking less.

$508KMedian $675K$1.56M
This home
$714 / sq ft
Comparable median
$618 / sq ft

Based on 25 comparable active detached listings in Preston. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $24,995
$24,995
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,625.83
Property tax (est.)
$242.75
Estimated monthly
$2,869

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$6,473
Total due on closing
$6,473

An estimate on the asking price of $499,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$499,900

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