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$759,000

$779,000For salePrice drop↓ $20,000 (3%)

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168 PATTON Drive, Cambridge - Single Family for Sale

168 PATTON Drive, Cambridge, Ontario, N3C4L5

4 beds baths

#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

Yesterday

$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

Yesterday

$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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$759,000

Cambridge

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Description

Welcome to 168 Patton Drive, a Freshly painted, 3-bedroom, 3-bathroom home on a corner lot in Cambridge, just minutes from the 401. The main floor features hardwood flooring and a cozy fireplace, and the finished basement and Loft area add valuable living space for a rec room, home office or guest area. Many big-ticket items have been taken care of with a newer roof, furnace and A/C. Outside, enjoy a large back deck with a gazebo, a fully fenced yard, and an in-ground lawn sprinkler system covering the front and side. Additional features include a double garage, a rough-in for central vac, and open finished attic space. A great opportunity for families and commuters alike. (id:66096)

Property Details

MLS®: 40856959
Property Type: Single Family
Zoning: R2
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 2,624 ft²
Frontage: 55 ft
Year Built: 2002
Storeys: 2
Style: Other
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $5,534.58/yr
Listed: 29 days ago

Rooms

Basement

Utility room: 11'8'' x 10'11''
Storage: 2'8'' x 9'2''
Cold room: 14'8'' x 14'11''
Bedroom: 9'3'' x 15'3''
3pc Bathroom: 11'10'' x 4'5''

Third level

Loft: 22'8'' x 21'7''

Second level

4pc Bathroom: 8'3'' x 10'3''
Bedroom: 11'6'' x 11'0''
Primary Bedroom: 14'2'' x 15'8''
Bedroom: 14'1'' x 10'3''

Main level

2pc Bathroom: 4'8'' x 4'11''
Living room: 16'6'' x 10'11''
Dining room: 10'0'' x 9'5''
Kitchen: 12'3'' x 10'10''

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, Dryer, Central Vacuum - Roughed In, Window Coverings, Garage door opener
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Paved driveway, 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

29d

Cambridge listings, avg age

57d

Price / ft²

$289

List price

$759K

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 (N3C)

This home lists at $759,000, about 6.7× the local median household income of $114,000.

Carrying it typically needs a household income of about $148,259 (20% down, 25-yr amortization, stress-tested) — roughly 30% above the area median.

Median household income: $114,000
Population: 27,518
Median age: 38.8
Owner / renter: 84% / 16%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA N3C)

$759,000· $289/ft²

For sale

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Full Cost Breakdown

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Down Payment6.71% · $50,900

Min 6.71%50%

Mortgage payment$3,926/mo

↳ CMHC premium ($28,324 capitalized)

Property tax (est.)$461/mo

Total monthly$4,387

Cash Needed to Close

Down payment (6.71%)$50,900

Land transfer tax$11,655

Est. closing costs$4,777

Total cash needed$67,332

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Open house

168 PATTON Drive, Cambridge - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N3C)

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Full Cost Breakdown