$640,600

For sale

406 Green Gate Boulevard, Cambridge - Single Family for Sale

406 Green Gate Boulevard, Cambridge, Ontario, N1T0B6

3 beds3 baths2 parking1,750 ft²20 × 98 ft (1,960 sq ft) lot sizeListed 43 days ago

Overview

This 3-bedroom, 3-bathroom home in Cambridge is for sale offering roughly 1,750 sq ft of space. Listed at $640,600, it is attractively priced about 8% below the $699,900 median asking price in Cambridge. It has been on the market 43 days, fresher than the Cambridge average of 57 days.

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Description

Quick move-in opportunity in Moffat Creek by Ridgeview Homes. This spacious freehold townhome offers 1,500+ sq. ft., an open-concept layout, generous room sizes, abundant natural light and a large kitchen. Enjoy an impressive primary ensuite with double sinks and tiled glass shower, plus a 3-piece basement rough-in. Construction has started, allowing buyers to personalize interior finishes while capping development fees at $0. Enjoy 100% freehold living with no condo fees, monthly maintenance fees or POTL fees. Conveniently located near a new school, shopping and everyday amenities. This home is to be built, giving buyers the opportunity to personalize their new home by selecting finishes and customizing available features. Photos are for inspiration purposes only and are of the model home, which is an end unit. Certain features and finishes shown in the photos are upgrades and may not be included in the base price. Price reflects the full HST rebate. Purchasers must qualify and agree to assign the rebate back to the Builder. (id:66096)

Property Details

MLS®: X13823230
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 20 × 98 ft (1,960 sq ft)
Frontage: 20 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $5,383/yr

Rooms

Main level

Kitchen: 3.33 x 3.51 meters
Great room: 3.86 x 5.79 meters
Partial bathroom

Second level

Primary Bedroom: 5.05 x 3.34 meters
Bathroom
Bedroom 2: 3.68 x 2.87 meters
Bedroom 3: 3.68 x 2.87 meters
Bathroom
Laundry room

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

Features

Foundation: Poured Concrete
Exterior: Brick
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

Cambridge listings, avg age

57d

Price / ft²

$366

List price

$641K

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 has been listed for 43 days, which is 14 days fresher than the city average of 57. Act while there is still low competition.

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Listed by PSR · VONGDEUANE KENNEDY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1T)

This home lists at $640,600, about 5.2× the local median household income of $124,000.

Carrying it typically needs a household income of about $125,132 (20% down, 25-yr amortization, stress-tested) — roughly 1% above the area median.

Median household income: $124,000
Population: 18,513
Median age: 37.2
Owner / renter: 84% / 16%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA N1T)

$640,600· $366/ft²

For sale

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Full Cost Breakdown

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Down Payment6.10% · $39,060

Min 6.10%50%

Mortgage payment$3,335/mo

↳ CMHC premium ($24,062 capitalized)

Property tax (est.)$449/mo

Total monthly$3,784

Cash Needed to Close

Down payment (6.10%)$39,060

Land transfer tax$9,287

Est. closing costs$4,422

Total cash needed$52,769

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