$649,900

For sale

115 Fairgreen Close, Cambridge - Single Family for Sale

115 Fairgreen Close, Cambridge, Ontario, N1T1T8

3 beds3 baths3 parking900 ft²23 × 106 ft (2,429 sq ft) lot sizeListed 17 days ago

Overview

This 3-bedroom, 3-bathroom home in Cambridge is for sale offering roughly 900 sq ft of space. Listed at $649,900, it is attractively priced about 7% below the $699,900 median asking price in Cambridge. It has been on the market 17 days, fresher than the Cambridge average of 57 days.

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Description

Welcome to 115 Fairgreen Close in Cambridge! This inviting 3-bedroom townhouse offers bright, open-concept living and a backyard made for relaxing and entertaining. The main floor features a kitchen with white cabinetry, stainless steel appliances, a tile backsplash and ample counter space. The adjoining living and dining areas feature pot lights and easy-care flooring, with sliding doors leading to the rear deck. Upstairs, three bedrooms and a full bathroom provide comfortable space for everyday living. The finished basement adds a versatile recreation room, ideal for movie nights, a play area or a home office, along with an additional bathroom with a shower. Enjoy the fenced backyard featuring a spacious deck, gazebo, lawn and garden space. An attached single-car garage and private driveway complete this appealing home. A wonderful opportunity for buyers seeking comfortable indoor living and inviting outdoor space! (id:66096)

Property Details

MLS®: X14096386
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 900 ft²
Lot Size: 23 × 106 ft (2,429 sq ft)
Frontage: 23 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $3,735.08/yr

Rooms

Main level

Kitchen: 5.66 x 3.76 meters
Dining room: 5.66 x 3.76 meters
Living room: 2.97 x 3.58 meters

Second level

Primary Bedroom: 3.28 x 4.19 meters
Bedroom 2: 3.43 x 2.41 meters
Bedroom 3: 3.2 x 2.52 meters

Basement

Recreational, Games room: 5.59 x 4.37 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, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Laminate
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Gazebo

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

17d

Cambridge listings, avg age

57d

Price / ft²

$722

List price

$650K

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 17 days, which is 40 days fresher than the city average of 57. Act while there is still low competition.

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Listed by BASK REALTY INC. · BORIS DIMOVSKI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1T)

This home lists at $649,900, about 5.2× the local median household income of $124,000.

Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 2% above the area median.

Median household income: $124,000
Population: 18,513
Median age: 37.2
Owner / renter: 84% / 16%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA N1T)

$649,900· $722/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,990

Min 6.15%50%

Mortgage payment$3,381/mo

↳ CMHC premium ($24,396 capitalized)

Property tax (est.)$311/mo

Total monthly$3,693

Cash Needed to Close

Down payment (6.15%)$39,990

Land transfer tax$9,473

Est. closing costs$4,450

Total cash needed$53,913

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