$599,900

For sale

100 MOFFAT Drive, Cambridge - Single Family for Sale

100 MOFFAT Drive, Cambridge, Ontario, N1R6E4

3 beds2 baths5 parking1,762 ft²Listed 8 days ago

Overview

This 3-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 1,762 sq ft of space. Listed at $599,900, it is attractively priced about 14% below the $699,900 median asking price in Cambridge. It has been on the market 8 days, fresher than the Cambridge average of 57 days.

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Description

Welcome to this bright and spacious 3-bedroom, 2-bathroom raised bungalow, situated in a desirable, family-friendly neighbourhood! Offering a wonderful combination of comfort, style and convenience, this well-maintained home features numerous recent updates, including new flooring, fresh paint and a beautifully updated bathroom. Large windows fill the home with natural light, while California shutters add a timeless finishing touch. The inviting living spaces offer plenty of room for everyday living and entertaining, with a cozy gas fireplace adding warmth and character. Additional highlights include a furnace (2024), newer windows, central air conditioning and an attached garage. Ideally located within walking distance of parks and shopping, with excellent schools nearby, this home offers the perfect opportunity to settle into a welcoming neighbourhood. Move-in ready and waiting for its next owners! (id:66096)

Property Details

MLS®: 40874934
Property Type: Single Family
Zoning: R5
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 5
Interior Size: 1,762 ft²
Frontage: 105 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Basement

Utility room: 11'7'' x 11'6''
Storage: 6'7'' x 11'7''
Recreation room: 10'9'' x 22'9''
3pc Bathroom

Main level

Primary Bedroom: 12'2'' x 11'1''
Living room: 11'0'' x 15'2''
Kitchen: 13'7'' x 9'6''
Dining room: 9'6'' x 9'6''
Bedroom: 8'9'' x 13'8''
Bedroom: 9'6'' x 11'1''
4pc Bathroom

Features

Appliances: Washer, Refrigerator, Water softener, Central Vacuum, Gas stove(s), Dishwasher, Stove, Dryer, Window Coverings, Garage door opener, Microwave Built-in
Foundation: Poured Concrete
Exterior: Brick, Aluminum siding
Lot Features: Automatic Garage Door Opener

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Cambridge listings, avg age

57d

Price / ft²

$340

List price

$600K

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 99.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Cambridge has been listed for 8 days, which is 49 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX TWIN CITY REALTY INC. · LAURA UNDERWOOD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1R)

This home lists at $599,900, about 7.8× the local median household income of $77,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 52% above the area median.

Median household income: $77,000
Population: 42,928
Median age: 40.8
Owner / renter: 59% / 41%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N1R)

$599,900· $340/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$370/mo

Total monthly$3,502

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$8,473

Est. closing costs$4,300

Total cash needed$47,763

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