$ 699,000

Brick 2-Storey with Finished Basement near Cambridge Centre

Property details for 223 Melran Drive, Cambridge

Type
Residential
Bedrooms
3
Bathrooms
2
Lot Size
29.5 x 108 FT
Stories
2
Basement
Finished, Full
Parking
Attached Garage, Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Brick
Ownership
Freehold
Annual Taxes
$4,370 (2025)

This 2-storey brick house sits on a 29.5 by 108 foot lot in a quiet Waterloo neighbourhood. It's got 3 bedrooms, 2 full baths (one's a half bath actually, so 2.5 total), and 2,100 square feet of finished living space. You walk into a main floor that flows: kitchen, dining, and living room all connect, and there's a walkout to the fenced backyard from the dining area. Kitchen has modern cabinets and stainless steel appliances. Hardwood floors run through the main level. Upstairs, three good-sized bedrooms share a 4-piece bath. The master has a walk-in closet. Basement is fully finished with a big rec room, a gas fireplace, and a 3-piece bathroom. There's central vac, central air, and a water softener. Parking's easy with the attached garage and driveway space for 4 cars. The taxes run about $4,370 a year. Location-wise, you're 5.7 km from Cambridge Centre mall, 5.5 km from St. Benedict Catholic Secondary School, and the Region of Waterloo International Airport is 7.7 km away. It's a freehold linked house, so you share one wall with a neighbour. Only one other active listing nearby, priced at the same $699,000, so this one won't last. Scores give it a solid 79 for features and 81 for listing, so it's a well-rounded property.

About 223 Melran Drive, Cambridge — Property Score

64
Great Location
Score: 64/100
Value
50
Stable pricing - no price changes since original listing date 50
Size
58
3 bedrooms 60
2 bathrooms 60
3,186 sqft lot - a compact lot for the area 55
Location
78
$99K median household income - above the Canadian average of $70K 79
76% of residents hold postsecondary credentials - a highly educated neighbourhood 85
78% homeownership rate - indicating a stable, owner-occupied community 84
61% of residents commute under 30 minutes - excellent commuter accessibility 79
5,599/km² population density - an urban neighbourhood 65
Market
61
Just listed - area average is 29 days on market 100
-1.6% median price change over 1 month - stable pricing in the area 42
58.8 months of housing supply - 235 active listings with 4 sold last month (buyer's market) 40
Features
79
4-car garage - area average is 4.4 spots 95
Finished, Full basement - adds valuable living space 85
efficient gas forced air heating 80
Central air conditioning - whole-home cooling 90
1 fireplace - a desirable feature for Canadian winters 75
No premium extras like pool, waterfront, or view 50
Investment
69
0.63% effective tax rate ($4,370/yr) - below the Canadian average of ~1% 81
22% renter population - primarily owner-occupied area 57
Quality
50
Condition
50
Listing
81
13 photos provided - below the area average of 39 photos 75
6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.

Full Listing Description

All Property Details

Neighbourhood Census Data

Cambridge, Ontario

Population
659
Median Age
33.6
Median Income
$47,424
Dwelling Value
$321,504

Housing Tenure

Owners 78%
Renters 22%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.9
Pop. Density: 5,599.0/km²
Avg Shelter Cost: $1,669/mo
Owners with Mortgage: 97.3%
Owners Spending 30%+: 13.5%
Tenants Spending 30%+: 0%
English only: 91.7%
English and French: 8.3%
Median Household Income: $98,987
Median Employment Income: $45,952

Price History

Contact Agent Get in touch about 223 Melran Drive, Cambridge

MICHAEL MANES
RE/MAX A-B Realty Ltd