$549,000

$569,000For salePrice drop↓ $20,000 (4%)

28 BORDEN Street, Cambridge - Single Family for Sale

28 BORDEN Street, Cambridge, Ontario, N1S3N2

2 beds2 baths4 parking1,219 ft²Listed 18 days ago

Overview

This 2-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 1,219 sq ft of space. Listed at $549,000, it is attractively priced about 22% below the $699,900 median asking price in Cambridge. It has been on the market 18 days, fresher than the Cambridge average of 57 days.

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Description

190-FOOT-DEEP LOT! FREEHOLD TOWNHOME WITH NO CONDO FEES, AN ATTACHED GARAGE AND PARKING FOR UP TO 4 VEHICLES! Why take on a renovation or monthly condo fees when you can enjoy a turnkey home with the freedom of freehold ownership? Welcome to 28 Borden Street, a beautifully renovated, move-in-ready home offering the rare combination of stylish interiors, generous parking and a deep private property backing toward mature trees and greenery. Inside, the bright, open-concept living area is designed for comfortable everyday living and entertaining. Enjoy wide-plank flooring, recessed lighting, a striking linear fireplace and an updated white kitchen featuring Calacatta quartz countertops, stainless steel appliances, generous cabinetry and a large centre island. Upstairs are two inviting bedrooms with custom built-in storage and a beautifully updated full bathroom featuring modern tile, black fixtures and a glass-enclosed tub/shower. A convenient powder room adds everyday practicality.Step onto the glass-railed front balcony for your morning coffee or unwind on the private rear deck surrounded by a peaceful, tree-lined setting. With approximately 1,219 sq. ft. of living space, contemporary finishes throughout, an attached garage and a remarkable 190-foot-deep lot, this home offers much more than the typical townhouse experience. Perfect for buyers looking to skip the renovation process and enjoy a low-maintenance lifestyle without condo fees. SEE THE SPACE, THE FINISHES AND THE LOT FOR YOURSELF. (id:66096)

Property Details

MLS®: 40872033
Property Type: Single Family
Zoning: RM4
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 4
Interior Size: 1,219 ft²
Frontage: 20 ft
Year Built: 1975
Storeys: 3
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Ownership: Freehold
Property Tax

Rooms

Third level

Bedroom: 10'9'' x 11'10''
4pc Bathroom
Primary Bedroom: 17'3'' x 10'7''

Second level

Kitchen: 10'5'' x 9'11''
Dining room: 8'5'' x 9'11''
Living room: 15'4'' x 13'7''

Main level

Foyer: 6'5'' x 7'8''
2pc Bathroom
Utility room: 6'6'' x 6'2''

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Window Coverings
Foundation: Poured Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

18d

Cambridge listings, avg age

57d

Price / ft²

$450

List price

$549K

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 2-bed single family in Cambridge has been listed for 18 days, which is 39 days fresher than the city average of 57. Act while there is still low competition.

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Listed by THE AGENCY · RAVI GILL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1S)

This home lists at $549,000, about 5.8× the local median household income of $95,000.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 13% above 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)

$549,000· $450/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$264/mo

Total monthly$3,142

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$7,455

Est. closing costs$4,147

Total cash needed$41,502

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