$619,000

$662,500For salePrice drop↓ $43,500 (7%)

56 POPLAR Drive, Cambridge - Single Family for Sale

56 POPLAR Drive, Cambridge, Ontario, N3C3X3

3 beds2 baths3 parking1,548 ft²Listed 30 days ago

Overview

This 3-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 1,548 sq ft of space. Listed at $619,000, it is attractively priced about 12% below the $699,900 median asking price in Cambridge. It has been on the market 30 days, fresher than the Cambridge average of 57 days.

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Description

FAMILY LIVING, BACKYARD GATHERINGS & EVERYDAY CONVENIENCE. From evenings by the fireplace to weekends on the deck, this beautifully updated 3-bedroom semi-detached home brings comfortable living to a sought-after, family-friendly Hespeler neighbourhood. The open-concept main floor keeps everyone connected, with an inviting kitchen and breakfast bar flowing into the living and dining area. French doors open to a fully fenced backyard designed for gathering, featuring an expansive deck, firepit, and direct access to Silver Heights Trail. Upstairs, the spacious primary bedroom offers a double closet, complemented by 2 generously sized bedrooms and an updated bathroom. The fully finished basement adds room for movie nights, a play area, or simply stretching out with family and friends. Tasteful updates throughout the interior and exterior over the past 5 years. With schools, parks, scenic riverside trails, shopping, and downtown Hespeler just minutes away, plus quick access to Highway 401, this is a home that makes everyday life easy. (id:66096)

Property Details

MLS®: 40869515
Property Type: Single Family
Zoning: RS1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 3
Interior Size: 1,548 ft²
Frontage: 30 ft
Year Built: 1988
Storeys: 2
Style: Contemporary
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Fireplace

Rooms

Main level

Kitchen: 10'8'' x 14'8''
Living room: 17'5'' x 11'4''
2pc Bathroom

Second level

Primary Bedroom: 15'6'' x 11'9''
3pc Bathroom
Bedroom: 8'4'' x 12'1''
Bedroom: 9'1'' x 12'1''

Basement

Recreation room: 17'0'' x 18'7''
Den: 16'11'' x 10'10''

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, Vinyl siding
Lot Features: Paved driveway, Gazebo

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Cambridge listings, avg age

57d

Price / ft²

$400

List price

$619K

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 30 days, which is 27 days fresher than the city average of 57. Act while there is still low competition.

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Listed by Re/Max Twin City Faisal Susiwala Realty · Faisal Susiwala

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3C)

This home lists at $619,000, about 5.4× the local median household income of $114,000.

Carrying it typically needs a household income of about $120,912 (20% down, 25-yr amortization, stress-tested) — roughly 6% above the area median.

Median household income: $114,000
Population: 27,518
Median age: 38.8
Owner / renter: 84% / 16%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA N3C)

$619,000· $400/ft²

For sale

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Full Cost Breakdown

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Down Payment5.96% · $36,900

Min 5.96%50%

Mortgage payment$3,227/mo

↳ CMHC premium ($23,284 capitalized)

Property tax (est.)$328/mo

Total monthly$3,555

Cash Needed to Close

Down payment (5.96%)$36,900

Land transfer tax$8,855

Est. closing costs$4,357

Total cash needed$50,112

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