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$724,900
Cambridge
317 Christopher Drive, Cambridge, Ontario, N1P1C6
This 4-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 1,300 sq ft of space. Its $724,900 asking price sits right in line with the $699,900 median in Cambridge. It has been on the market 36 days, fresher than the Cambridge average of 57 days.
This charming 4-bedroom, 2-bath raised bungalow in South Cambridge features a double-car garage and offers plenty of space for first-time buyers, empty nesters, or families looking for room to grow. The bright upper level features an open-concept layout with two bedrooms, including a spacious primary bedroom with a walk-in closet. The fully finished lower level adds significant additional living space and offers the option to create two more bedrooms, both with oversized windows, while still maintaining a comfortable family room with a gas fireplace. A large utility room provides plenty of space for storage and laundry. With its layout and flexibility, the lower level may also offer potential for an in-law setup. Outside, the low-maintenance backyard is fully fenced and backs onto the neighbouring high school's track, offering added privacy with no rear neighbours. Located in a desirable family-friendly South Cambridge neighbourhood, this home is close to schools, shopping, parks, and everyday amenities. With a fully finished basement and the potential for up to four bedrooms, this home offers excellent flexibility for today and the future. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 36 days on market, against an average age of 57 days across the listings currently for sale in this city
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.
This 4-bed single family in Cambridge has been listed for 36 days, which is 21 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $724,900, about 6.1× the local median household income of $118,000.
Carrying it typically needs a household income of about $141,598 (20% down, 25-yr amortization, stress-tested) — roughly 20% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1P)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.