$499,900
Cambridge
173 Kribs Street, Cambridge, Ontario, N3C2L9
This 3-bedroom, 1-bathroom home in Cambridge is for sale offering roughly 900 sq ft of space. Listed at $499,900, it is attractively priced about 29% below the $699,900 median asking price in Cambridge. It has been on the market 7 days, fresher than the Cambridge average of 57 days.
Step into this Bungalow nestled in a great location of Hespeler. Set upon a mature and tranquil street with a broad frontage, this 3 Bedrooms home offers versatility - ideal for the growing family, the discerning investor, or those seeking the comfort of a multigenerational arrangement. The main floor boasts a sun-filled living room with views of the tree-lined street, a generously sized kitchen offering the potential of an Open concept, and together with 3 Bedrooms ensures both practicality and ease of living. The large basement (965 Sq Ft) expands the home's living space and offers incredible utility. It includes 1 huge finished Rec Room, 3 additional well-sized rooms, rough-in, updated electrical, fireplace, generous storage throughout - thanks to its layout and separate access, the basement also presents excellent potential as an income helper or in-law suite, making it a valuable asset for today's homeowner. Keep in mind the benefit of the Approved Plan for HESPELER ROAD CORRIDOR, an Innovative project designed to transform this Suburban Identity (Redevelop, Modernize, Extend the LRT to Hespeler, create New Opportunities, and more) which allows for faster long-term value appreciation. Positioned just steps from the major historic textile factory redevelopment project, this site backed with a strong economy offers exceptional lifestyle appeal - just minutes from Hwy 401 and all major amenities. With a touch of vision and care, this home promises to reward its future owners for years to come, don't miss out. Don't forget to leverage the R4 Zoning and explore a potential Duplex conversion. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 7 days on market, against an average age of 57 days across the listings currently for sale in this city
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.
This 3-bed single family in Cambridge has been listed for 7 days, which is 50 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,900, about 4.4× the local median household income of $114,000.
Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N3C)
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