$499,900

For sale

223 Water Street N Street, Cambridge - Single Family for Sale

223 Water Street N Street, Cambridge, Ontario, N1R3B9

4 beds3 baths3 parking1,750 ft²33 × 165 ft (5,445 sq ft) lot sizeListed 24 days ago

Overview

This 4-bedroom, 3-bathroom home in Cambridge is for sale offering roughly 1,750 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®: X14011674
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 33 × 165 ft (5,445 sq ft)
Frontage: 33 ft
Storeys: 2
Basement: Partially finished, Separate entrance, Walk-up, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $3,782/yr
Listed: 24 days ago

Rooms

Main level

Living room: 3.76 x 3.81 meters
Kitchen: 4.72 x 3.42 meters
Bathroom: 1.83 x 1.83 meters
Primary Bedroom: 3.35 x 3.28 meters
Bedroom 2: 2.63 x 1.83 meters

Basement

Bathroom: 2.29 x 1.37 meters

Second level

Kitchen: 2.29 x 2.18 meters
Living room: 3.66 x 3.42 meters
Bedroom: 3.84 x 3.46 meters

Features

Foundation: Stone
Exterior: Brick
Lot Features: In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

24d

Cambridge listings, avg age

57d

Price / ft²

$286

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.

Haho

This 4-bed single family in Cambridge has been listed for 24 days, which is 33 days fresher than the city average of 57. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX REAL ESTATE CENTRE INC. · Clare Dejong

Location

Approximate location — exact address confirmed upon showing

Nearby Places

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· $286/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

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

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator