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$485,900
Cambridge
Times shown are local to the property.
38 Glenmorris Street, Cambridge, Ontario, N1S2Y2
This 3-bedroom, 1-bathroom home in Cambridge is for sale offering roughly 900 sq ft of space. Listed at $485,900, it is attractively priced about 31% below the $699,900 median asking price in Cambridge. It has been on the market 17 days, fresher than the Cambridge average of 57 days.
Charming bungalow at 38 Glenmorris Street in Cambridge! Set on a generous 65 ft. x 137 ft. lot, this detached 3-bedroom home offers 1,068 sq. ft. of main-floor living space with plenty of potential to make it your own. The functional layout features a spacious living room, kitchen with ample space, three bedrooms, a 4-piece bathroom, and convenient main-floor laundry. The full unfinished basement offers additional storage and future possibilities. Outside, enjoy a detached garage, a double-wide gravel driveway, and a spacious backyard with room to relax, garden, or entertain. Ideally located near parks, trails, schools, shopping, public transit, and the amenities of downtown Cambridge, this property is a great opportunity for first-time buyers, downsizers, or investors looking to add value. With its generous lot, practical layout, and convenient location, this home is full of potential! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 17 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 3-bed single family in Cambridge has been listed for 17 days, which is 40 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 $485,900, about 5.1× the local median household income of $95,000.
Carrying it typically needs a household income of about $94,913 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N1S)
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Loading rates, 30-yr amortization
Cash Needed to Close
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