$475,000

$489,000For salePrice drop↓ $14,000 (3%)

34 Chalmers Street North, Cambridge - Single Family for Sale

34 Chalmers Street North, Cambridge, Ontario, N1R5B7

2 beds1 bath3 parking1,300 ft²66 × 139 ft (9,148 sq ft) lot sizeListed 67 days ago

Overview

This 2-bedroom, 1-bathroom home in Cambridge is for sale offering roughly 1,300 sq ft of space. Listed at $475,000, it is attractively priced about 32% below the $699,900 median asking price in Cambridge.

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Description

Welcome to 34 Chalmers Street North, a longtime family home being offered for sale for the first time in over 40 years! Set on an impressive 66 x 138 ft lot, this is a property with space, character and plenty of potential for its next owner. Inside, the home offers a surprisingly spacious layout, including a bright dining room, a large family room off the kitchen, two bedrooms plus a den upstairs, and additional space in the basement with a walk up to the backyard. Outside, the expansive lot provides a backyard with room to enjoy now and plenty of possibilities for the future.The home has been well loved over the years and is ready for someone to bring their own vision to it. Update what is here, restore some of its original character, and make it your own. Furnace replaced in 2019. Property is being sold as is, where is. (id:66096)

Property Details

MLS®: X13726462
Property Type: Single Family
Zoning: R1
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 66 × 139 ft (9,148 sq ft)
Frontage: 66 ft
Storeys: 1
Basement: Unfinished, Partial, Walk-up, N/A, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Ground level

Family room: 4.66 x 5.91 meters
Kitchen: 3.75 x 3.66 meters
Bathroom: 1.98 x 3.29 meters
Sunroom: 2.59 x 3.48 meters

Second level

Bedroom 2: 3.05 x 3.08 meters
Bedroom: 13.3 x 3.63 meters
Den: 7.1 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, Central Vacuum, Dishwasher, Oven, Dryer, Cooktop, Oven - Built-In, Water Heater
Foundation: Unknown
Exterior: Shingles

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

67d

Cambridge listings, avg age

57d

Price / ft²

$365

List price

$475K

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 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 VALERY REAL ESTATE INC. · BROOKLYNN HANHAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1R)

This home lists at $475,000, about 6.2× the local median household income of $77,000.

Carrying it typically needs a household income of about $92,784 (20% down, 25-yr amortization, stress-tested) — roughly 20% 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)

$475,000· $365/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,750

Min 5%50%

Mortgage payment$2,502/mo

↳ CMHC premium ($18,050 capitalized)

Property tax (est.)$338/mo

Total monthly$2,839

Cash Needed to Close

Down payment (5%)$23,750

Land transfer tax$5,975

Est. closing costs$3,925

Total cash needed$33,650

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