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250 Ainslie Street S 59, Cambridge, ON N1R 8P8

3 beds · 2 baths · 1 kitchen · 3 rooms · 2 parking spaces · 1200-1399 sq ft · No locker · Laundry: Laundry Room · Condo Townhouse
$499,000

Also includedBuilding Insurance · Common Elements

Maintenance fee
$250 / month
Property tax
$3,010 / year
Included in the fee
Building Insurance, Common Elements

Welcome to 250 Ainslie Street South, Unit 59! This beautiful townhome features a bright and spacious open-concept floor plan, offering a comfortable and functional layout perfect for families and entertaining. The main floor boasts a generous kitchen with a pantry, stainless steel appliances, and plenty of cabinet space, while the inviting living room is filled with natural light from the large windows. A convenient powder room completes the main level. Upstairs, you'll find three generously sized bedrooms, including an oversized primary bedroom with convenient access to the three-piece bathroom through a cheater ensuite, along with a versatile office nook that provides the perfect space for working from home or studying. The unfinished basement offers excellent potential and is ready for your personal finishing touches, allowing you to create additional living space to suit your needs. Step outside to a fully fenced backyard featuring an oversized deck, ideal for summer barbecues, entertaining, and enjoying time with family and friends. Perfectly situated close to downtown, the Grand River, schools, shopping, parks, and an abundance of walking and recreational trails. With its spacious layout, great outdoor space, and fantastic location, this home is an opportunity you won't want to miss. Book your private showing today!

MLS number
X13727588
Type
Condo Townhouse
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
N1R 8P8
Photos
29
Locker
No
Laundry
Laundry Room
Included in the fee
Building Insurance, Common Elements
13days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Central Public School
Waterloo Region DSB
Elementary726 m6.1 / 10
61% met the standard
St Andrew's Public School
Waterloo Region DSB
Elementary613 mNot reported
Waterloo Independent SchoolElementary and secondary899 mNot reported
Glenview Park Secondary School
Waterloo Region DSB
Secondary808 m6.9 / 10
69% met the standard · 2 of 6 measures
Stewart Avenue Public School
Waterloo Region DSB
Elementary970 m5.7 / 10
57% met the standard
Ontario Muslim AcademyElementary1.3 kmNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Condo Townhouses in Cambridge194 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$436k$536k$636k20252026this home’s asking price
$440klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
98%99%100%20252026the asking price
98%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d17d34d20252026
33dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo townhouses in cambridge. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 878 people.

$87,000Median household income
65.9%Own their home
30.4%Detached houses
38Median age
20.9%Born outside Canada
20.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35300632 — the few blocks around this address, home to 878 people. It describes the area, not this property.

878Population
40.9Average age
2.2Household size
$95,600Average household income
$87,000Median household income
66%Own their home
34%Rent
51%Condominiums
21%Born outside Canada
20%University degree
$464,000Average home value
7%Low income
33%Not in the labour force
31%Never married
$15,000 to $19,9993%
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9993%
$45,000 to $49,9991%
$50,000 to $59,9997%
$60,000 to $69,9997%
$70,000 to $79,9996%
$80,000 to $89,9994%
$90,000 to $99,9996%
$100,000 and over30%
$100,000 to $124,99913%
$125,000 to $149,9997%
$150,000 to $199,9997%
$200,000 and over3%

Percentages are of the 535 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$99,800 · minimum here is $24,950
$2,209.46per month
Borrowed before insurance$399,200
Total borrowed$399,200
Interest over 25 years at 4.5%$263,639

If you rented it out

-$2,710.30per month out of pocket
Rent$0.00
Everything it costs to hold$2,710.30
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by EXP REALTY. Listing data provided by the Toronto Regional Real Estate Board.