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$550,000
Cambridge
185 JOHANNA Drive, Cambridge, Ontario, N1S4C4
This 4-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 2,009 sq ft of space. Listed at $550,000, it is attractively priced about 22% below the $709,000 median asking price in Cambridge. It has been on the market 2 days, fresher than the Cambridge average of 57 days.
IN-LAW SUITE WITH WALKOUT BASEMENT! Welcome to 185 Johanna Drive in Cambridge, a beautifully updated 3+1 bedroom, 2-bathroom backsplit offering exceptional versatility for extended family or multigenerational living. Featuring a fully finished lower level with an in-law suite, separate laundry facilities for both upper and lower levels, and a convenient walkout basement, this home offers the flexibility and functionality today's buyers are looking for. Thoughtfully updated throughout, the home features a bright white kitchen complete with newer appliances, newer flooring, new lighting throughout, new baseboards, fresh paint, and newer window coverings and blinds. Both bathrooms have also been tastefully updated with new vanities, complementing the home's fresh, modern, and inviting atmosphere throughout. Outside, enjoy double-wide driveway parking for up to four vehicles, along with two storage sheds, one equipped with hydro. Additional highlights include newer central air conditioning and owned water softener. Combining extensive updates, versatile living spaces, and the highly desirable convenience of a walkout in-law suite, this property delivers the perfect balance of comfort, functionality, and flexibility. A rare opportunity at this price point to enjoy two distinct living spaces under one roof, without compromising on style, comfort, or convenience! (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 2 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 99.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 4-bed single family in Cambridge has been listed for 2 days, which is 55 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 $550,000, about 5.8× the local median household income of $95,000.
Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 13% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1S)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.