$439,000

For sale

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13 WATERSIDE Avenue, Cambridge - Single Family for Sale

13 WATERSIDE Avenue, Cambridge, Ontario, N1R1E8

2 beds1 bath5 parking ft²

#96 51 SPARROW Avenue, Cambridge, Ontario, N1T2E2

4 bd2 ba2 pk1,734 ft²

Listed by Corcoran Horizon Realty

582 Grand Valley Drive, Cambridge, Ontario, N3H2S1

For saleJust listed

Today

$590K

582 Grand Valley Drive, Cambridge, Ontario, N3H2S1

2 bd2 ba5 pk900 ft²Lot size 52 × 120 ft (6,240 sq ft)

Listed by ROYAL LEPAGE BRANT REALTY

74 LINNWOOD Avenue, Cambridge, Ontario, N1R1V3

For saleJust listed

Today

$610K

74 LINNWOOD Avenue, Cambridge, Ontario, N1R1V3

3 bd2 ba3 pk975 ft²

Listed by Royal Lepage Crown Realty Services Inc.

233 WESLEY Boulevard, Cambridge, Ontario, N1T0C6

For saleJust listed

Today

$1.05M

233 WESLEY Boulevard, Cambridge, Ontario, N1T0C6

4 bd3 ba2 pk2,515 ft²

Listed by Adana Homes A Canadian Realty Inc., Brokerage

Investment analysis

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$439,000

Cambridge

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Overview

This 2-bedroom, 1-bathroom home in Cambridge is for sale offering roughly 1,000 sq ft of space. Listed at $439,000, it is attractively priced about 37% below the $699,900 median asking price in Cambridge. It has been on the market 10 days, fresher than the Cambridge average of 57 days.

Houses for Sale in Cambridge →All real estate in Cambridge →

Description

WELCOME TO THIS CHARMING 1 1/2 STOREY, 2 BEDROOM, ONE BATHROOM HOME ON A DEAD END STREET IN CAMBRIDGE. WALKING DISTANCE TO SCHOOLS, PUBLIC TRANSIT, SHOPPING, HOSPITAL AND 20 MINUTE WALK TO THE DOWNTOWN CORE. OUTSIDE THERE IS A DRIVEWAY THAT WILL HOLD FOUR TO FIVE VEHICLES TANDEM. THE REAR YARD IS A NICE SIZE FOR LITTLE PEOPLE AND PETS TO RUN AND PLAY WHILE THE ADULTS ENJOY THE NICE SIZE DECK. THERE IS ALSO A GAS LINE TO CONNECT TO YOUR BBQ. AN ALUMINIUM SHED SITS ON THE OLD GARAGE FOUNDATION. THE CITY WILL ALLOW A NEW GARAGE TO BE BUILT ON THIS FOUNDATION, PAPERWORK AVAILABLE. WITH A LITTLE SWEAT EQUITY AND IMAGINATION THIS PROPERTY COULD BE A SUPER SWEET HOME FOR YOU AND YOUR FAMILY. (id:66096)

Property Details

MLS®: 40866006
Property Type: Single Family
Zoning: R5
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 1,000 ft²
Lot Size: 2,788 sq ft
Frontage: 35 ft
Year Built: 1934
Storeys: 1
Style: Other
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: None
Ownership: Freehold
Property Tax: $2,928/yr
Listed: 10 days ago

Rooms

Main level

Mud room
Bonus Room: 9'3'' x 10'4''
Dining room: 10'7'' x 11'9''
Living room: 10'5'' x 11'9''
Kitchen: 10'4'' x 14'8''

Second level

Bedroom: 10'6'' x 11'8''
Primary Bedroom: 10'5'' x 11'9''
4pc Bathroom: 4'8'' x 6'9''

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

Market Timing

Days on market

10d

Cambridge listings, avg age

57d

Price / ft²

$439

List price

$439K

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.

Area context

Neighbourhood profile (N1R)

This home lists at $439,000, about 5.7× the local median household income of $77,000.

Carrying it typically needs a household income of about $85,752 (20% down, 25-yr amortization, stress-tested) — roughly 11% 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)

$439,000· $439/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,950

Min 5%50%

Mortgage payment$2,312/mo

↳ CMHC premium ($16,682 capitalized)

Property tax (est.)$244/mo

Total monthly$2,556

Cash Needed to Close

Down payment (5%)$21,950

Land transfer tax$5,255

Est. closing costs$3,817

Total cash needed$31,022

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

13 WATERSIDE Avenue, Cambridge - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

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Market Timing

Location

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Neighbourhood profile (N1R)

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