$729,900

$748,900For salePrice drop↓ $19,000 (3%)

266 Gunn Avenue, Cambridge - Single Family for Sale

266 Gunn Avenue, Cambridge, Ontario, N3C3E5

4 beds2 baths3 parking1,300 ft²49 × 127 ft (6,199 sq ft) lot sizeListed 92 days ago

Overview

This 4-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 1,300 sq ft of space. Its $729,900 asking price sits right in line with the $699,900 median in Cambridge.

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Description

BEAUTIFULLY MAINTAINED 3+1 BEDROOM BUNGALOW WITH EXCELLENT RENTAL POTENTIAL IN DESIRABLE HESPELER VILLAGE! Welcome to this charming bungalow situated on a premium-sized lot on a quiet, family-friendly street. Offering approximately 1,500 sq. ft. of living space, this home combines comfort, functionality, and outstanding versatility for families, first-time buyers, downsizers, and investors alike. The bright, open-concept main floor features oversized windows, abundant natural light, and a carpet-free layout. Enjoy a spacious living room with a cozy gas fireplace, a functional kitchen overlooking the dining area, and three generously sized bedrooms. The finished basement adds tremendous value, featuring an additional bedroom, a 3-piece bathroom, and versatile living and recreation space-ideal for extended family, guests, a home office, or potential rental income. Step outside to a spacious, fully fenced backyard with a large patio deck, perfect for summer BBQs, entertaining, and relaxing outdoors. RECENT UPDATES INCLUDE: Brand-new roof with a 15-year warranty, fresh paint throughout, and an updated patio floor. Enjoy a convenient location close to schools, parks, shopping, restaurants, and everyday amenities, with easy access to Highway 401.A fantastic opportunity to own a versatile bungalow with a finished basement, generous outdoor space, and excellent income potential in a sought-after neighborhood. Don't miss out-book your private showing today! (id:66096)

Property Details

MLS®: X13647550
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 49 × 127 ft (6,199 sq ft)
Frontage: 49 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Bedroom: 3.7 x 3.63 meters
Bedroom 2: 3.07 x 2.79 meters
Bedroom 3: 2.79 x 2.74 meters
Family room: 4.14 x 3.43 meters
Dining room: 3.53 x 3.42 meters
Kitchen: 3.53 x 3.42 meters

Lower level

Bedroom 4: 3.35 x 3.27 meters
Living room: 6.35 x 3.17 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, Dishwasher, Stove, Dryer
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Irregular lot size, 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

92d

Cambridge listings, avg age

57d

Price / ft²

$561

List price

$730K

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 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 RIGHT AT HOME REALTY · ALEX KRSTEVSKI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3C)

This home lists at $729,900, about 6.4× the local median household income of $114,000.

Carrying it typically needs a household income of about $142,575 (20% down, 25-yr amortization, stress-tested) — roughly 25% 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)

$729,900· $561/ft²

For sale

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Full Cost Breakdown

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Down Payment6.57% · $47,990

Min 6.57%50%

Mortgage payment$3,781/mo

↳ CMHC premium ($27,276 capitalized)

Property tax (est.)$402/mo

Total monthly$4,183

Cash Needed to Close

Down payment (6.57%)$47,990

Land transfer tax$11,073

Est. closing costs$4,690

Total cash needed$63,753

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