$699,900
Cambridge
199 1/2 Dundas Lane, Cambridge, Ontario, N1R1S7
This 2-bedroom, 1-bathroom home in Cambridge is for sale offering roughly 1,300 sq ft of space. Its $699,900 asking price sits right in line with the $699,900 median in Cambridge. It has been on the market 29 days, fresher than the Cambridge average of 57 days.
A truly exceptional property featuring an incredible 27' x 31' detached workshop/garage, all nestled in a peaceful, country-like setting in the heart of the city! Tucked away on a quiet private dead-end lane shared by just five homes, this unique property offers privacy, mature trees, versatile living space, and exceptional workspace, all just minutes from the best of Cambridge. Inside, the main floor is highlighted by a beautiful sunroom addition with floor-to-ceiling windows, gas fireplace, and sliding door walkout to the rear deck. The updated kitchen features cork flooring, abundant cabinetry, generous counter space, and a double sink. Upstairs offers two generously sized bedrooms, an updated 4-piece bathroom with vinyl flooring, and a deep linen closet. Hardwood floors extend throughout both the main and second floors. The lower level adds valuable living space with a large recreation room and seated bar, an open-concept utility/laundry room with a one-piece bath, a workbench, plus a separate bonus area ideal for a home office, gym, hobby space, or additional storage. The impressive approximately 900 sq. ft. workshop/garage is a standout for hobbyists, tradespeople, car enthusiasts, collectors, or anyone needing substantial workspace. It features a 100-amp breaker panel, gas heater, 15' ceiling height, concrete floor, galvanized interior wall panels, 12' x 12' garage door, and separate man door. The driveway accommodates four vehicles, with space for two additional vehicles inside the workshop. Close to shopping, Gaslight District, Grand River trails, library, restaurants, Farmers Market, and School of Architecture. A rare opportunity to enjoy a private retreat with an almost country feel, while remaining conveniently located in the city. Unique, versatile, and truly one of a kind! (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 29 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 2-bed single family in Cambridge has been listed for 29 days, which is 28 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 $699,900, about 9.1× the local median household income of $77,000.
Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 78% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1R)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.