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$709,000
Cambridge
44 MERCER Road, Cambridge, Ontario, N1R6K7
This 4-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 2,150 sq ft of space. Its $709,000 asking price sits right in line with the $699,900 median in Cambridge. It has been on the market 28 days, fresher than the Cambridge average of 57 days.
Welcome to this well-maintained 1,150 sq. ft. brick bungalow, offering a comfortable and functional layout with plenty of additional living space. The main level features a bright living room with French doors and a large window, along with a spacious dining area ideal for everyday living and entertaining. The kitchen offers granite countertops, stainless steel appliances, a centre island, ample cabinetry, backsplash and tiled flooring. Three bedrooms with hardwood flooring and a full bathroom complete the main level. The finished lower level provides even more living space, featuring a large recreation room, an additional bedroom, a second full bathroom, and convenient laundry and storage areas. This versatile space is perfect for a growing family, overnight guests, a home office or extended family. Outside, the home offers great curb appeal with an attached garage and spacious interlocking brick driveway. The backyard is a standout feature, showcasing mature landscaping, plenty of green space, an interlocking walkway, storage shed and a covered patio area—perfect for relaxing, entertaining and enjoying the warmer months. Conveniently located close to shopping, schools, places of worship and everyday amenities, this inviting bungalow offers a great combination of comfortable living space, a finished lower level and a beautiful backyard. A wonderful opportunity for families, downsizers or anyone looking for a well-cared-for home with plenty of room to enjoy. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 28 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 4-bed single family in Cambridge has been listed for 28 days, which is 29 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 $709,000, about 9.2× the local median household income of $77,000.
Carrying it typically needs a household income of about $138,493 (20% down, 25-yr amortization, stress-tested) — roughly 80% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1R)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.