$499,900

For sale

500 DUNDAS Street South, Cambridge - Single Family for Sale

500 DUNDAS Street South, Cambridge, Ontario, N1R5S2

3 beds1 bath3 parking1,576 ft²Listed 44 days ago

Overview

This 3-bedroom, 1-bathroom home in Cambridge is for sale offering roughly 1,576 sq ft of space. Listed at $499,900, it is attractively priced about 29% below the $699,900 median asking price in Cambridge. It has been on the market 44 days, fresher than the Cambridge average of 57 days.

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

Description

Check out this affordable 3-Bedroom Single-Family Home with Great Potential ! Looking for the space and privacy of a single-family home without the typical price tag? This 3-bedroom home is priced at less than most townhomes and offers an excellent opportunity to make it your own. Situated on a generous 108-foot-frontage street lot, this property offers plenty of outdoor space and is conveniently located close to shopping, schools, and everyday amenities. Inside, the home is ready and waiting for your personal touch and creative vision. The main floor features a convenient 3-piece bathroom combined with the laundry room, while upstairs you'll find another 3-piece bathroom complete with a relaxing Jacuzzi tub. With its detached single-family layout, generous lot, practical floor plan, and affordable price point, this home offers an exciting opportunity for buyers looking to build equity and create a space that truly reflects their style. A great chance to own a single-family home for less than many townhomes—come see the possibilities! (id:66096)

Property Details

MLS®: 40865944
Property Type: Single Family
Zoning: R1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 3
Interior Size: 1,576 ft²
Frontage: 107 ft
Year Built: 1927
Storeys: 2
Style: Other
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Ownership: Freehold
Property Tax: $4,564/yr
Listed

Rooms

Second level

Bedroom: 7'10'' x 11'1''
Bedroom: 9'8'' x 11'2''
Primary Bedroom: 11'8'' x 14'11''

Main level

3pc Bathroom
Laundry room: 8'4'' x 9'8''
Dining room: 11'8'' x 12'5''
Kitchen: 11'2'' x 9'8''
Living room: 11'0'' x 23'0''

Lower level

Mud room: 9'4'' x 9'6''

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

Features

Appliances: Refrigerator, Water softener, Stove

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Natural Gas, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Cambridge listings, avg age

57d

Price / ft²

$317

List price

$500K

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 44 days, which is 13 days fresher than the city average of 57. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX Twin City Realty Inc. · BILL O'NEILL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1R)

This home lists at $499,900, about 6.5× the local median household income of $77,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 27% 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)

$499,900· $317/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$380/mo

Total monthly$3,013

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator