$439,000

For sale

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40 Park Hill Road East, Cambridge - Single Family for Sale

40 Park Hill Road East, Cambridge, Ontario, N1R1P4

4 beds2 baths2 parking ft²

#96 51 SPARROW Avenue, Cambridge, Ontario, N1T2E2

4 bd2 ba2 pk1,734 ft²

Listed by Corcoran Horizon Realty

582 Grand Valley Drive, Cambridge, Ontario, N3H2S1

For saleJust listed

Today

$590K

582 Grand Valley Drive, Cambridge, Ontario, N3H2S1

2 bd2 ba5 pk900 ft²Lot size 52 × 120 ft (6,240 sq ft)

Listed by ROYAL LEPAGE BRANT REALTY

74 LINNWOOD Avenue, Cambridge, Ontario, N1R1V3

For saleJust listed

Today

$610K

74 LINNWOOD Avenue, Cambridge, Ontario, N1R1V3

3 bd2 ba3 pk975 ft²

Listed by Royal Lepage Crown Realty Services Inc.

233 WESLEY Boulevard, Cambridge, Ontario, N1T0C6

For saleJust listed

Yesterday

$1.05M

233 WESLEY Boulevard, Cambridge, Ontario, N1T0C6

4 bd3 ba2 pk2,515 ft²

Listed by Adana Homes A Canadian Realty Inc., Brokerage

Investment analysis

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$439,000

Cambridge

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Overview

This 4-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 900 sq ft of space. Listed at $439,000, it is attractively priced about 37% below the $699,900 median asking price in Cambridge. It has been on the market 9 days, fresher than the Cambridge average of 57 days.

Houses for Sale in Cambridge →All real estate in Cambridge →

Description

Discover the charm of historic Cambridge, where timeless character meets modern living. This inviting home offers a wonderful opportunity to enjoy the beauty, heritage, and unique atmosphere of one of Cambridge's most desirable historic neighbourhoods. Conveniently located near local shops, restaurants, scenic river trails, and charming downtown amenities, this property is an ideal place to call home. A wonderful opportunity for buyers seeking character, comfort, and a connection to the rich history of Cambridge. (id:66096)

Rooms

Main level

Living room: 3.66 x 2.74 meters
Laundry room: 2.74 x 1.22 meters
Bathroom: 1.83 x 1.52 meters
Bedroom: 1.83 x 1.52 meters

Upper Level

Bedroom: 1.96 x 1.83 meters
Bedroom 2: 1.73 x 1.35 meters
Bedroom 3: 2.74 x 3.05 meters
Bathroom: 2.93 x 2.59 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

Cambridge listings, avg age

57d

Price / ft²

$488

List price

$439K

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.

Area context

Neighbourhood profile (N1R)

This home lists at $439,000, about 5.7× the local median household income of $77,000.

Carrying it typically needs a household income of about $85,752 (20% down, 25-yr amortization, stress-tested) — roughly 11% 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)

$439,000· $488/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,950

Min 5%50%

Mortgage payment$2,312/mo

↳ CMHC premium ($16,682 capitalized)

Property tax (est.)$199/mo

Total monthly$2,511

Cash Needed to Close

Down payment (5%)$21,950

Land transfer tax$5,255

Est. closing costs$3,817

Total cash needed$31,022

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

40 Park Hill Road East, Cambridge - Single Family for Sale

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Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N1R)

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Full Cost Breakdown