$799,999

For sale

39 Linda Drive, Cambridge - Single Family for Sale

39 Linda Drive, Cambridge, Ontario, N3C3W3

6 beds4 baths4 parking1,750 ft²46 × 100 ft (4,565 sq ft) lot sizeListed 24 days ago

Overview

This 6-bedroom, 4-bathroom home in Cambridge is for sale offering roughly 1,750 sq ft of space. It has been on the market 24 days, fresher than the Cambridge average of 57 days.

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Description

Attention investors and families looking for a renovation opportunity in a desirable neighbourhood! This spacious, property offers four upstairs bedrooms, including a primary bedroom with an ensuite bathroom and walk-in closet. The main floor features a generous kitchen with upgraded cabinetry and a built-in wine rack, a separate dining area, and two living rooms, including one with a beautiful fireplace. The basement features a two-bedroom suite layout with potential for multigenerational living or future rental income, subject to required renovations and approvals. A double garage and fenced backyard add to the appeal. This home offers an opportunity to add value and make it your own. It's being sold as is and is ready for your vision. You don't want to miss this opportunity! (id:66096)

Property Details

MLS®: X14028038
Property Type: Single Family
Zoning: R5
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 4
Half Baths: 1
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 46 × 100 ft (4,565 sq ft)
Frontage: 46 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership

Features

Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Sump Pump, In-Law Suite

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

24d

Cambridge listings, avg age

57d

Price / ft²

$457

List price

$800K

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 6-bed single family in Cambridge has been listed for 24 days, which is 33 days fresher than the city average of 57. Act while there is still low competition.

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Listed by EXP REALTY · Courtney Chartrand

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3C)

This home lists at $799,999, about 7.0× the local median household income of $114,000.

Carrying it typically needs a household income of about $156,268 (20% down, 25-yr amortization, stress-tested) — roughly 37% above the area median.

Median household income: $114,000
Population: 27,518
Median age: 38.8
Owner / renter: 84% / 16%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA N3C)

$799,999· $457/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,999.90

Min 6.87%50%

Mortgage payment$4,130/mo

↳ CMHC premium ($29,800 capitalized)

Property tax (est.)$425/mo

Total monthly$4,556

Cash Needed to Close

Down payment (6.87%)$55,000

Land transfer tax$12,475

Est. closing costs$4,900

Total cash needed$72,375

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