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$565,000

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22 Frobisher Court, Cambridge - Single Family for Sale

22 Frobisher Court, Cambridge, Ontario, N1R6Z5

3 beds2 baths parking

#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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$565,000

Cambridge

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Overview

This 3-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 1,300 sq ft of space. Listed at $565,000, it is attractively priced about 19% below the $699,900 median asking price in Cambridge. It has been on the market 50 days, fresher than the Cambridge average of 57 days.

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Description

Welcome to 22 Frobisher Court in Cambridge! This bright and inviting 2-storey semi-detached home offers 3 bedrooms, 2 bathrooms, and a functional open-concept layout filled with natural light. The walkout basement provides additional flexibility and direct access to the spacious backyard. Situated on a large lot, the home also features a custom-built deck that's perfect for relaxing, entertaining, or enjoying the outdoor space. Added peace of mind comes with the roof, which includes a Weather-Tite extended warranty. A wonderful opportunity for buyers looking for a comfortable home with plenty of space, natural light, and room to make it their own. (id:66096)

Property Details

MLS®: X13798222
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 29 × 120 ft (3,528 sq ft)
Frontage: 29 ft
Storeys: 2
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $3,464/yr
Listed: 50 days ago

Rooms

Main level

Kitchen: 5.34 x 4 meters
Family room: 5.37 x 4.89 meters

Second level

Primary Bedroom: 3.57 x 4.68 meters
Bedroom 2: 3.2 x 2.62 meters
Bedroom 3: 3.2 x 2.62 meters

Basement

Recreational, Games room: 5.05 x 2.71 meters

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

Features

Appliances: Washer, Refrigerator, Water softener, Stove, Dryer, Water Heater
Flooring: Hardwood, Laminate, Ceramic
Foundation: Poured Concrete
Exterior: Aluminum siding
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Cambridge listings, avg age

57d

Price / ft²

$435

List price

$565K

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 $565,000, about 7.3× the local median household income of $77,000.

Carrying it typically needs a household income of about $110,364 (20% down, 25-yr amortization, stress-tested) — roughly 43% 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)

$565,000· $435/ft²

For sale

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Full Cost Breakdown

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Down Payment5.58% · $31,500

Min 5.58%50%

Mortgage payment$2,958/mo

↳ CMHC premium ($21,340 capitalized)

Property tax (est.)$289/mo

Total monthly$3,246

Cash Needed to Close

Down payment (5.58%)$31,500

Land transfer tax$7,775

Est. closing costs$4,195

Total cash needed$43,470

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Open house

22 Frobisher Court, Cambridge - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N1R)

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Full Cost Breakdown