$664,900

For sale

284 CEDAR Crescent, Cambridge - Single Family for Sale

284 CEDAR Crescent, Cambridge, Ontario, N1S1X1

4 beds2 baths3 parking2,322 ft²Listed 30 days ago

Overview

This 4-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 2,322 sq ft of space. Listed at $664,900, it is attractively priced about 5% below the $699,900 median asking price in Cambridge. It has been on the market 30 days, fresher than the Cambridge average of 57 days.

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Description

WELCOME TO THIS BEAUTIFULLY UPDATED BUNGALOW, NESTLED ON A QUIET COURT AND SET ON A GENEROUS 74.45*152.50 LOT IN A DESIRABLE CAMBRIDGE LOCATION! OFFERING OVER 2,000 SQ. FT. OF FINISHED LIVING SPACE, THIS HOME OFFERS THE PERFECT BLEND OF STYLE, SPACE, AND FUNCTIONALITY FOR FAMILIES, MULTI-GENERATIONAL LIVING, OR THOSE LOOKING FOR EXTRA SPACE********BRIGHT AND INVITING MAIN FLOOR FEATURES LARGE WINDOWS, PREMIUM VINYL FLOORING, AND POT LIGHTS THROUGHOUT THE SPACIOUS LIVING AREA. THE UPDATED KITCHEN OFFERS AMPLE CABINETRY, QUARTZ COUNTERTOPS, AND STAINLESS-STEEL APPLIANCES, PERFECT FOR EVERYDAY LIVING AND ENTERTAINING********SPACIOUS DINING AREA PROVIDES PLENTY OF ROOM FOR FAMILY MEALS AND GATHERINGS. THE MAIN LEVEL ALSO FEATURES 3 GENEROUSLY SIZED BEDROOMS AND A 4-PIECE BATHROOM**********THE FINISHED LOWER LEVEL ADDS EXCEPTIONAL VERSATILITY WITH A SECOND KITCHEN, 3-PIECE BATHROOM, SPACIOUS FAMILY ROOM, AND ADDITIONAL BEDROOM. PERFECT FOR EXTENDED FAMILY, GUESTS, A TEENAGER'S RETREAT, OR ADDITIONAL LIVING SPACE**********STEP OUTSIDE TO YOUR PRIVATE BACKYARD SURROUNDED BY MATURE TREES, OFFERING A PEACEFUL SETTING TO RELAX, ENTERTAIN, AND ENJOY THE OUTDOORS. THE LARGE LOT AND QUIET COURT LOCATION MAKE THIS A RARE OPPORTUNITY**********A MOVE-IN-READY HOME OFFERING MODERN UPDATES, GENEROUS LIVING SPACE, A VERSATILE LOWER LEVEL, AND A PRIVATE BACKYARD. DON'T MISS YOUR OPPORTUNITY TO MAKE 284 CEDAR CRESCENT YOUR NEW HOME. (id:66096)

Property Details

MLS®: 40869755
Property Type: Single Family
Zoning: R4
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 2,322 ft²
Frontage: 74 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air
Cooling: Central air conditioning
Ownership: Freehold
Property Tax: $4,355.08/yr
Listed: 30 days ago

Rooms

Basement

3pc Bathroom
Recreation room: 11'5'' x 21'0''
Bedroom: 11'5'' x 13'1''

Main level

4pc Bathroom
Bedroom: 8'2'' x 11'8''
Bedroom: 10'2'' x 10'8''
Primary Bedroom: 12'1'' x 12'5''
Dining room: 20'0'' x 10'2''
Kitchen: 12'5'' x 10'8''
Living room: 16'4'' x 16'1''

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, Window Coverings
Exterior: Brick
Lot Features: Cul-de-sac, Paved driveway, In-Law Suite

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Cambridge listings, avg age

57d

Price / ft²

$286

List price

$665K

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 30 days, which is 27 days fresher than the city average of 57. Act while there is still low competition.

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Listed by ROYAL CANADIAN REALTY · Simran Singh

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1S)

This home lists at $664,900, about 7.0× the local median household income of $95,000.

Carrying it typically needs a household income of about $129,878 (20% down, 25-yr amortization, stress-tested) — roughly 37% 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)

$664,900· $286/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment6.24% · $41,490.00

Min 6.24%50%

Mortgage payment$3,456/mo

↳ CMHC premium ($24,936 capitalized)

Property tax (est.)$363/mo

Total monthly$3,819

Cash Needed to Close

Down payment (6.24%)$41,490

Land transfer tax$9,773

Est. closing costs$4,495

Total cash needed$55,758

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