$684,900

For sale

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223 Melran Drive, Cambridge - Single Family for Sale

223 Melran Drive, Cambridge, Ontario, N3C4E5

3 beds2 baths4 parking ft²

361 Queen Street West, Cambridge, Ontario, N3C1G6

4 bd2 ba6 pk1,300 ft²Lot size 66 × 343 ft (22,651 sq ft)

Listed by PEAK REALTY LTD.

775 RIVERSIDE Drive, Cambridge, Ontario, N3H2V1

For saleJust listed

Today

$860K

775 RIVERSIDE Drive, Cambridge, Ontario, N3H2V1

3 bd3 ba4 pk2,083 ft²Lot size 6,926 sq ft (0.15 ac)

Listed by R W Dyer Realty Inc., Brokerage

#96 51 SPARROW Avenue, Cambridge, Ontario, N1T2E2

For saleJust listed

Today

$570K

#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

Yesterday

$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

Investment analysis

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$684,900

Cambridge

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30 × 108 ft (3,186 sq ft) lot size

Overview

This 3-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 1,300 sq ft of space. Its $684,900 asking price sits right in line with the $699,900 median in Cambridge.

Houses for Sale in Cambridge →All real estate in Cambridge →

Description

Beautiful 2 storey ,3 bedroom,2 bathroom home that is finished top to bottom.Large kitchen opens to living room and dining room with walkout to back yard.3 good sized bedrooms on second floor.Basement is finished with bathroom and large recroom with gas fireplace. (id:66096)

Property Details

MLS®: X13750556
Property Type: Single Family
Zoning: R1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 30 × 108 ft (3,186 sq ft)
Frontage: 30 ft
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $4,370/yr
Listed: 60 days ago

Features

Appliances: Washer, Refrigerator, Water meter, Water softener, Central Vacuum, Dishwasher, Stove, Dryer, Water Heater
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Level lot, Flat site

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

60d

Cambridge listings, avg age

57d

Price / ft²

$527

List price

$685K

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 3-bed single family in Cambridge is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX A-B Realty Ltd · MICHAEL MANES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3C)

This home lists at $684,900, about 6.0× the local median household income of $114,000.

Carrying it typically needs a household income of about $133,785 (20% down, 25-yr amortization, stress-tested) — roughly 17% above the area median.

Median household income: $114,000
Population: 27,518
Median age: 38.8
Owner / renter: 84% / 16%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA N3C)

$684,900· $527/ft²

For sale

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Full Cost Breakdown

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Down Payment6.35% · $43,490

Min 6.35%50%

Mortgage payment$3,556/mo

↳ CMHC premium ($25,656 capitalized)

Property tax (est.)$364/mo

Total monthly$3,920

Cash Needed to Close

Down payment (6.35%)$43,490

Land transfer tax$10,173

Est. closing costs$4,555

Total cash needed$58,218

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