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.
2 bedrooms, 1 bathroom, about 1,000 sq ft, works out to roughly $315 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 40 Tannery St E #263
Every detail from the listing, in one place.
Type
Condo
Style
2-Storey
Living space
1000-1199 sq ftas stated on the listing
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Condo Apartment
40 Tannery St E #263 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,547
/mo
based on the purchase price of $314,900
$62,980 cash
$251,920 financed
$212,183 total interest
Principal54%$251,920
Interest46%$212,183
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Cambridge
Other 1–2 bed homes for sale in Cambridge around $315K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio99.7%On average, homes sold below asking.
Active listings437Homes for sale here right now.
Median vs prior 90 days+2.7%Compared with May 4 – Aug 2, 2026: prices up.
Based on 442 sales from Aug 2 – Oct 31, 2026 (397 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 40 Tannery St E #263
How much is 40 Tannery St E #263 listed for?
40 Tannery St E #263 is listed at $314,900 (MLS® X13806868). Summitly updates the price as soon as the MLS® record changes.
Is $314,900 a good price for 40 Tannery St E #263?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Cambridge. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 40 Tannery St E #263 changed?
Yes — it was first listed at $325,000 and is now $314,900, a drop of $10,100 (3.1%).
How many bedrooms and bathrooms does 40 Tannery St E #263 have?
40 Tannery St E #263 has 2 bedrooms and 1 bathroom, with about 1,000–1,199 square feet of living space. It is a condo in Cambridge.
How much would the monthly mortgage be on 40 Tannery St E #263?
About $1,547 a month — principal and interest on $314,900 with 20% down ($62,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 40 Tannery St E #263 compare with other homes in Cambridge?
Its asking price of $314,900 is about 55% below the median sold price in Cambridge over the last 90 days, $693,000, across 442 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 40 Tannery St E #263 been sold before?
Summitly has no earlier MLS® sale or lease of 40 Tannery St E #263 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 40 Tannery St E #263?
40 Tannery St E #263 is in Cambridge, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 40 Tannery St E #263 been on the market?
42 days — 40 Tannery St E #263 was listed on September 19, 2026.
What is the price per square foot of 40 Tannery St E #263?
About $263 to $315 per square foot: the asking price of $314,900 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 40 Tannery St E #263 have parking or a garage?
Yes — the listing gives 1 parking space.
Does 40 Tannery St E #263 have a basement, and is it finished?
The listing says 40 Tannery St E #263 has no basement.
