118 Chateau Crescent

54 - Preston Heights Cambridge N3H 5S3

Welcome to 118 Chateau Crescent an exceptional opportunity to own a fully detached home in one of Cambridges most desirable, family-friendly neighbourhoods. This spacious, well-maintained property offers incredible flexibility for families, investors, or handy buyers looking to build equity and long-term value.The home features three generously sized bedrooms and two full bathrooms, along with a bright, open-concept main floor ideal for everyday living and entertaining. A unique bonus is the third-level loft a large, versatile space perfect as a family room, media space, office, or easily converted into an expansive primary bedroom. The home has seen several important updates over the years, including: patio door glass replaced in 2018, new shingles installed in July 2016, second-floor laminate flooring added in 2019, carpet on the first flight of stairs replaced in August 2025, and a water softener replaced in 2010. The unfinished basement offers incredible value with high ceilings, a bathroom rough-in, and three large egress windows, making it ideal for finishing into a legal basement apartment, in-law suite, or additional living space. Whether you're planning for extended family or rental income, this lower level is ready for your custom touch.Investors take note: the home currently has a AAA long-term tenant who has been in place for over 10 years and is willing to stay, offering a fantastic opportunity for immediate, stable rental income.Outside, the fully fenced backyard with a spacious deck is perfect for family barbecues or peaceful evenings. Additional features include central air, forced-air heating, and ample parking in the private driveway.Located just minutes from Highway 401, shopping, top-rated schools, parks, trails, and public transit, this home combines location, flexibility, and untapped potential. Whether you're investing, renovating, or settling in, 118 Chateau Crescent is a rare find in Cambridges thriving real estate market.