$469,000

For sale

22 RAMORE Street, Cambridge - Single Family for Sale

22 RAMORE Street, Cambridge, Ontario, N1S2P8

4 beds1 bath1 parking1,303 ft²Listed 50 days ago

Overview

This 4-bedroom, 1-bathroom home in Cambridge is for sale offering roughly 1,303 sq ft of space. Listed at $469,000, it is attractively priced about 33% 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 Ramore Street. This 4-bedroom, 1-bathroom property features a functional layout suited for first-time buyers or anyone looking for additional space in a mature neighbourhood. The home offers a solid and practical foundation with the opportunity to add personal touches over time. Close to schools, parks, shopping, public transit, and everyday amenities, this home offers the ease of walkable living. Just minutes from downtown Galt and the vibrant Gaslight District, with a selection of restaurants, cafes, entertainment, and seasonal events, all set against the backdrop of the scenic Grand River and nearby trails. Don’t miss the opportunity to unlock the potential this property offers in a great Cambridge location. *Note some photographs are virtually staged* (id:66096)

Property Details

MLS®: 40864291
Property Type: Single Family
Zoning: R1
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,303 ft²
Frontage: 44 ft
Year Built: 1950
Storeys: 1
Style: Other
Basement: Unfinished, Partial
Heating: Forced air
Cooling: Central air conditioning
Garage: Open
Ownership: Freehold
Property Tax

Rooms

Second level

Bedroom: 11'9'' x 16'6''
Primary Bedroom: 17'3'' x 16'5''

Main level

Mud room: 17'1'' x 5'9''
3pc Bathroom: 6'5'' x 7'11''
Bedroom: 11'7'' x 9'1''
Bedroom: 11'7'' x 11'3''
Kitchen: 7'11'' x 8'10''
Dining room: 8'11'' x 8'11''
Living room: 14'1'' x 13'7''

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Window Coverings
Exterior: Brick
Lot Features: Paved driveway, Shared Driveway

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Cambridge listings, avg age

57d

Price / ft²

$360

List price

$469K

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.

Haho

This 4-bed single family in Cambridge has been listed for 50 days, which is 7 days fresher than the city average of 57. Act while there is still low competition.

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Listed by Royal LePage Wolle Realty · Janine Walsh

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1S)

This home lists at $469,000, about 4.9× the local median household income of $95,000.

Carrying it typically needs a household income of about $91,612 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $95,000
Population: 20,171
Median age: 42.8
Owner / renter: 71% / 29%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N1S)

$469,000· $360/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,450

Min 5%50%

Mortgage payment$2,470/mo

↳ CMHC premium ($17,822 capitalized)

Property tax (est.)$284/mo

Total monthly$2,754

Cash Needed to Close

Down payment (5%)$23,450

Land transfer tax$5,855

Est. closing costs$3,907

Total cash needed$33,212

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