Updated 1 Day Ago
Highlights
Pet Friendly
Location
204 Melrose St #1, Cambridge, ON N3H 4A6, CAN|Preston Centre
Tour 204 Melrose St #1
Contact
constance guglielmo (Rent Panda)
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Amenities for 204 Melrose St #1, Preston Centre
Apartment Amenities
| Freezer | Gas |
| Heating | Water |
Appliances
| Range/Oven | Refrigerator |
Building
| Cats OK | Dogs OK |
| Garage Attached |
Grounds
| Assigned Parking | Garage Parking |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 204 Melrose St #1
Sweet deal!
This listing is 16% below the median price for 2 bedroom apartments in Preston Centre.
Welcome to this beautifully renovated lower-level unit in a quiet triplex building, offering modern finishes, bright living spaces, and a convenient location in Cambridge. Features: 🏡 Newly renovated throughout 🛏️ 2 spacious bedrooms 🍽️ Modern kitchen with updated cabinetry, countertops, and appliances 🚿 Stylish bathroom with contemporary fixtures and finishes 🛋️ Bright, open-concept living area 🌟 Fresh paint, new flooring, and updated lighting throughout 🚗 1 parking spot included 🏢 Located in a well-maintained triplex 🌳 Close to parks, shopping, schools, public transit, and major amenities Rental Details: Rent: $1,750/month Utilities: Tenant pays Hydro Parking: 1 dedicated parking space included Building Type: Triplex Availability: Available now This move-in-ready unit combines modern upgrades with comfortable living, making it an excellent option for professionals, couples, or small families looking for a clean and stylish home in Cambridge.
Address details
| Neighborhood | Preston Centre |
|---|---|
| Post code | N3H 4A6 |
| Type | Apartment for rent |
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Rent trends in Preston Centre
2-bedroom apartments at 204 Melrose St #1 cost about 16% less than the average rent price for 2-bedroom apartments in Cambridge.
Median rents as of Sep 19 2026.
Preston Centre
Cambridge
| Month | Median Rent |
|---|---|
| October 2024 | $2,174 |
| November 2024 | $2,171 |
| December 2024 | $2,199 |
| January 2025 | $2,218 |
| February 2025 | $2,234 |
| March 2025 | $2,212 |
| April 2025 | $2,199 |
| May 2025 | $2,181 |
| June 2025 | $2,126 |
| July 2025 | $2,199 |
| August 2025 | $2,183 |
| September 2025 | $2,106 |
| October 2025 | $1,987 |
| November 2025 | $1,985 |
| December 2025 | $1,903 |
| January 2026 | $1,954 |
| February 2026 | $1,974 |
| March 2026 | $1,942 |
| April 2026 | $2,034 |
| May 2026 | $2,126 |
| June 2026 | $2,087 |
| July 2026 | $2,009 |
| August 2026 | $1,982 |
| September 2026 | $2,091 |
| Month | Median Rent |
|---|---|
| October 2024 | $2,148 |
| November 2024 | $2,081 |
| December 2024 | $2,072 |
| January 2025 | $2,029 |
| February 2025 | $2,004 |
| March 2025 | $1,931 |
| April 2025 | $2,057 |
| May 2025 | $2,181 |
| June 2025 | $2,278 |
| July 2025 | $2,285 |
| August 2025 | $2,392 |
| September 2025 | $2,188 |
| October 2025 | $1,976 |
| November 2025 | $1,988 |
| December 2025 | $1,938 |
| January 2026 | $1,924 |
| February 2026 | $1,919 |
| March 2026 | $1,894 |
| April 2026 | $1,898 |
| May 2026 | $1,881 |
| June 2026 | $1,866 |
| July 2026 | $1,915 |
| August 2026 | $1,922 |
| September 2026 | $2,105 |
Affordability calculator
Can I afford to live at 204 Melrose St #1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$70,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $70,000 annually to afford this 2-bedrooms monthly rent price of $1,750.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| This month | $1,900 | 2 bed | 1 bath |
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Internet available near 204 Melrose St #1
Neighborhood
Preston Centre | Cambridge, ON
Getting around Cambridge near 204 Melrose St #1
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 204 Melrose St #1, Cambridge
Groceries
6/10
Variety of groceries within a short drive
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
4/10
Variety of cafés within a short drive
Restaurants
6/10
Variety of restaurants within a short drive
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Variety of bars within a short drive
Other units at this address
204 Melrose St, Cambridge, ON N3H 4A6, CAN
204 Melrose St Cambridge, ON
Occupied
2 Beds, 1 Bath
2 Beds
1 Bath
$1,900
Assigned Parking
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