$499,900

For sale

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223 WATER Street North, Cambridge - Single Family for Sale

223 WATER Street North, Cambridge, Ontario, N1R3B9

4 beds3 baths3 parking ft²

#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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$499,900

Cambridge

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Overview

This 4-bedroom, 3-bathroom home in Cambridge is for sale offering roughly 1,618 sq ft of space. Listed at $499,900, it is attractively priced about 29% below the $699,900 median asking price in Cambridge. It has been on the market 24 days, fresher than the Cambridge average of 57 days.

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

Description

Charming, inviting nicely upgraded home. Enjoy the total of 5 bedrooms, (none in the basement). 3 Bathrooms, 2 Kitchens, mostly freshly painted, original wood work, high ceiling's character, unique loft, 3 car parking. It has a huge backyard which offers plenty of space to relax, play, or even explore the possibility of a future gardens... This location you can take advance of what all the Down town has to offer, river walks, trail walks, restaurants, coffee shops, shopping, schools, hospital, running track, and a bus stop across from the front door. This location truly has it all. You can move right in. Incredible opportunity. .. (id:66096)

Property Details

MLS®: 40868428
Property Type: Single Family
Zoning: R-5
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Parking: 3
Interior Size: 1,618 ft²
Frontage: 33 ft
Storeys: 2
Style: Other
Basement: Partially finished, Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Open
Ownership: Freehold
Property Tax: $3,782/yr
Listed: 24 days ago

Rooms

Basement

3pc Bathroom: 4'6'' x 7'6''

Second level

4pc Bathroom: 5'0'' x 6'6''
Bedroom: 10'6'' x 10'6''
Primary Bedroom: 11'4'' x 12'7''
Loft: 30'0'' x 13'6''
Living room/Dining room: 11'3'' x 12'0''
Kitchen: 7'2'' x 7'6''

Main level

4pc Bathroom: 6'0'' x 6'0''
Bedroom: 6'0'' x 7'9''
Primary Bedroom: 10'9'' x 11'0''
Living room: 12'6'' x 12'4''
Kitchen: 11'3'' x 15'6''

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

Market Timing

Days on market

24d

Cambridge listings, avg age

57d

Price / ft²

$309

List price

$500K

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 $499,900, about 6.5× the local median household income of $77,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 27% 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)

$499,900· $309/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$315/mo

Total monthly$2,948

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

223 WATER Street North, Cambridge - Single Family for Sale

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Description

Property Details

Rooms

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Neighbourhood profile (N1R)

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