$399,000

For saleJust listed

108 Norfolk Avenue, Cambridge - Single Family for Sale

108 Norfolk Avenue, Cambridge, Ontario, N1R3V2

4 beds2 baths3 parking900 ft²40 × 110 ft (4,400 sq ft) lot sizeListed 5 days ago

Overview

This 4-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 900 sq ft of space. It has been on the market 5 days, fresher than the Cambridge average of 57 days.

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Description

108 Norfolk Ave, Cambridge! Fully Renovated 3-Bedroom, 2-Bathroom Home Situated On A Generous 40' x 110' Lot, Offering Modern Finishes And Move-In Ready Living. This Beautifully Updated Home Features Brand-New Luxury Vinyl Flooring, New Plumbing, New Interior Doors, New Appliances, Renovated Washrooms, New Fixtures, And Fresh Paint Throughout. Enjoy The Newly Updated Front Deck And An Ample-Sized Backyard, Perfect For Outdoor Gatherings, Relaxation, And Family Activities. The Backyard Also Includes An Additional Garden Shed Measuring Approximately 10.6' Wide By 31.2' Long, Providing Excellent Storage And Versatile Utility Space. With Extensive Updates Throughout, This Home Offers Comfort, Functionality, And Contemporary Style. An Excellent Opportunity For First-Time Buyers, Families, Or Investors .Don't Miss! Must See This Turnkey Property In Cambridge! . (id:66096)

Property Details

MLS®: X14134334
Property Type: Single Family
Zoning: R-5
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 900 ft²
Lot Size: 40 × 110 ft (4,400 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Kitchen: 3.12 x 3.12 meters
Living room: 3.99 x 3.7 meters
Bedroom: 3 x 2.95 meters
Bedroom: 3 x 2.84 meters
Bedroom: 3.03 x 2.42 meters

Basement

Other: 4.65 x 3.3 meters
Bedroom: 3.53 x 3.12 meters
Other: 2.97 x 2.69 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Flooring: Laminate
Foundation: Block
Exterior: Vinyl siding
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Cambridge listings, avg age

57d

Price / ft²

$443

List price

$399K

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 4-bed single family in Cambridge has been listed for 5 days, which is 52 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX GOLD REALTY INC. · AMAN SINGH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1R)

This home lists at $399,000, about 5.2× the local median household income of $77,000.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 1% 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)

$399,000· $443/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$250/mo

Total monthly$2,351

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

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