$499,000

For sale

36 Kerr Street, Cambridge - Single Family for Sale

36 Kerr Street, Cambridge, Ontario, N1R4A3

3 beds2 baths3 parking1,300 ft²Listed 59 days ago

Overview

This 3-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 1,300 sq ft of space. Listed at $499,000, it is attractively priced about 29% below the $699,900 median asking price in Cambridge.

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Description

Welcome to this fully renovated Semi Detached Home. Renovated from top to bottom with high quality materials in 2020. Vinyl plank flooring in entire house. Spacious open concept main floor with large windows and LED pot lights throughout. Renovated kitchen has ample storage, quartz countertops, Pot Filler, Gas stove, subway tile, floating shelves and all stainless-steel appliances. Carpet free second floor has 3 spacious bedrooms, Laundry, Upgraded5-piece washroom with porcelain tiles & double vanity. The Finished basement with full washroom& separate entrance allowing for excellent in-law or income potential. The backyard includes a stone patio, a covered BBQ area and large fences (2022) surrounded by mature trees, providing extra privacy. Concrete Driveway (2023). Owned Water heater (2023). All new windows installed in 2020,as well as the front and back door. Copper wired 100-amp Electrical. New plumbing has been professionally installed throughout the entire house, as well as electrical wiring and a New Eco-Bee Lite thermostat. Minutes away from to shopping, restaurants and gorgeous river views. (id:66096)

Property Details

MLS®: X13756340
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Frontage: 24 ft
Storeys: 2
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $2,552.71/yr
Listed: 59 days ago

Features

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

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

59d

Cambridge listings, avg age

57d

Price / ft²

$384

List price

$499K

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 3-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 RE/MAX GOLD REALTY INC. · RAJVIR GREWAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1R)

This home lists at $499,000, about 6.5× the local median household income of $77,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 27% 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)

$499,000· $384/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$213/mo

Total monthly$2,841

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$6,455

Est. closing costs$3,997

Total cash needed$35,402

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