$695,000

For saleJust listed

47 HINRICHS Crescent, Cambridge - Single Family for Sale

47 HINRICHS Crescent, Cambridge, Ontario, N1T0A8

3 beds3 baths2 parking1,637 ft²Listed Today

Overview

This 3-bedroom, 3-bathroom home in Cambridge is for sale offering roughly 1,637 sq ft of space. Its $695,000 asking price sits right in line with the $709,000 median in Cambridge. It has been on the market 0 days, fresher than the Cambridge average of 57 days.

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Description

Welcome to 47 Hinrichs Crescent, nestled on a quiet crescent in the highly desirable Branchton Park neighbourhood of East Cambridge! This beautiful family home offers 3 spacious bedrooms, 2.5 bathrooms and a single-car garage. The bright, open-to-above foyer welcomes you into a thoughtfully designed main floor featuring ceramic flooring, a spacious kitchen, a dining area and an open-concept great room with sliding doors leading to the backyard. A convenient powder room completes the main level. Upstairs, the spacious primary bedroom features a walk-in closet and a 4-piece ensuite, along with two additional generously sized bedrooms and a 4-piece main bathroom. Enjoy a family-friendly neighbourhood close to schools, grocery stores, parks, recreation facilities and major amenities, with public transit just a short walk away. An excellent opportunity to own a wonderful family home in a desirable Cambridge community! (id:66096)

Property Details

MLS®: 40876261
Property Type: Single Family
Zoning: RES R4
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,637 ft²
Frontage: 30 ft
Year Built: 2011
Storeys: 2
Style: Other
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Ownership

Rooms

Basement

Utility room

Main level

2pc Bathroom
Dining room: 10'11'' x 9'7''
Kitchen: 10'10'' x 10'9''
Living room: 11'11'' x 20'3''

Second level

4pc Bathroom
4pc Ensuite bath
Bedroom: 13'1'' x 12'5''
Bedroom: 11'10'' x 11'2''
Primary Bedroom: 16'11'' x 12'7''

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Sump Pump

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Cambridge listings, avg age

57d

Price / ft²

$425

List price

$695K

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 99.9 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 0 days, which is 57 days fresher than the city average of 57. Act while there is still low competition.

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Listed by Century 21 Right Time Real Estate Inc. · SURJIT PABLAY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1T)

This home lists at $695,000, about 5.6× the local median household income of $124,000.

Carrying it typically needs a household income of about $135,758 (20% down, 25-yr amortization, stress-tested) — roughly 9% 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)

$695,000· $425/ft²

For sale

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Full Cost Breakdown

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Down Payment6.40% · $44,500.00

Min 6.40%50%

Mortgage payment$3,606/mo

↳ CMHC premium ($26,020 capitalized)

Property tax (est.)$425/mo

Total monthly$4,032

Cash Needed to Close

Down payment (6.40%)$44,500

Land transfer tax$10,375

Est. closing costs$4,585

Total cash needed$59,460

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