OFFER:
1 Month Free Plus $1000 Move In Bonus!
Updated 1 Day Ago
Highlights
Rent Special
Pet Friendly
Location
240 Southwood Dr, Cambridge, ON N1S 3S6, CAN|Southwood
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Property Overview
240 Southwood Drive is rated highly overall, with standout scores for price, amenities, location, and trustworthiness, suggesting strong value and convenience. It also ranks in the top percentile for value for money and is well matched to work-from-home needs thanks to its quiet setting, included utilities, and high-speed internet.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Great for
Work-from-home
Floor plans
| Two Bedroom Apartment | 2 bed | 1 bath | 740 sqft | $1,749 /mo |
Let's explore this property.
Amenities for 240 Southwood Drive
Apartment Amenities
| Balcony | Hardwood Floor |
| Heat | Heat Included |
| Heating | Hot Water |
| Plus Hydro | Vinyl Plank Floors |
| Water Included |
Appliances
| Fridge | Microwave in Selected Suites |
| Stove |
Tech
| Internet Ready |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Assigned Parking | Outdoor Space |
Services
| 24/7 Emergency Service | On-Site Management |
Neighborhood
| Close to Major Highways | Close to Schools |
| Convenience Store | Public Transit |
| Shopping Nearby |
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
Surface Lot
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About 240 Southwood Drive
Managed by Park Property Management
Enjoy comfortable living in a quiet and well-maintained community at 240 Southwood Drive. Ideally located across from a community centre and within walking distance of shopping, schools, and everyday conveniences, this property offers a practical and connected lifestyle. Residents benefit from the peace of mind of on-site superintendents available 24 hours a day, making it easy to feel at home. Call or email us today to book your guided tour. Excellent Transit & Connectivity: 240 Southwood Drive is conveniently connected by Grand River Transit (GRT) bus routes, offering easy access to downtown Cambridge, local shopping districts, and key regional destinations. Nearby Highway 401 ensures fast and convenient travel to Kitchener-Waterloo, Guelph, and the Greater Toronto Area. Shopping & Dining at Your Doorstep: Residents enjoy close proximity to shopping centers, grocery stores, and essential services. Cambridge also offers a wide range of dining options, from casual eateries and cozy cafés to restaurants featuring international cuisines. Parks & Recreation: The property is near Riverside Park, the Grand River trails, and other scenic green spaces ideal for walking, cycling, and outdoor leisure. Local community centers, fitness facilities, and cultural attractions offer year-round activities for residents of all ages. Schools & Education: Families have access to excellent public and Catholic schools, as well as daycare centers and after-school programs. Conestoga College and nearby universities are also within an easy commute. A Friendly & Growing Community: Cambridge is known for its safe neighborhoods, seasonal festivals, and thriving arts and culture scene. Farmers’ markets and local community events foster a close-knit and vibrant environment. Your Ideal Cambridge Address: 240 Southwood Drive offers the perfect blend of suburban comfort and urban convenience. With parks, shopping, and cultural amenities nearby, this property is an excellent choice for those looking to enjoy all that Cambridge has to offer.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, 240 Southwood Drive is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 240 Southwood Drive has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
240 Southwood Drive offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
240 Southwood Drive stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
240 Southwood Drive is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 240 Southwood Drive does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
240 Southwood Drive is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 240 Southwood Drive compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
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Rent trends in Southwood
2-bedroom apartments at 240 Southwood Drive cost about 6% less than the average rent price for 2-bedroom apartments in Southwood.
Median rents as of Aug 1 2026.
Southwood
Cambridge
| Month | Median Rent |
|---|---|
| August 2024 | $1,983 |
| September 2024 | $1,964 |
| October 2024 | $1,936 |
| November 2024 | $1,946 |
| December 2024 | $1,910 |
| January 2025 | $1,867 |
| February 2025 | $1,892 |
| March 2025 | $1,892 |
| April 2025 | $1,872 |
| May 2025 | $1,899 |
| June 2025 | $1,909 |
| July 2025 | $1,865 |
| August 2025 | $1,924 |
| September 2025 | $1,837 |
| October 2025 | $1,768 |
| November 2025 | $1,827 |
| December 2025 | $1,802 |
| January 2026 | $1,784 |
| February 2026 | $1,742 |
| March 2026 | $1,724 |
| April 2026 | $1,850 |
| May 2026 | $1,837 |
| June 2026 | $1,854 |
| July 2026 | $1,907 |
| August 2026 | $1,885 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,774 |
| April 2025 | $1,743 |
| May 2025 | $1,744 |
| June 2025 | $1,749 |
| July 2025 | $1,811 |
| August 2025 | $1,741 |
Affordability calculator
Can I afford to live at 240 Southwood Dr?
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
$69,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $69,960 annually to afford this 2-bedrooms monthly rent price of $1,749.
For more information on rent affordability, visit our rent calculator.
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Internet available near 240 Southwood Drive
Neighborhood
Southwood | Cambridge, ON
Getting around Cambridge near 240 Southwood Dr
Walking
5/10
Some shops and stores are within a few minutes.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 240 Southwood Dr, Cambridge
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
2/10
Few or no shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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