$995,000
Cambridge
Times shown are local to the property.
7 SHADYWOOD Lane, Cambridge, Ontario, N1R5S2
This 4-bedroom, 3-bathroom home in Cambridge is for sale offering roughly 2,970 sq ft of space. It has been on the market 44 days, fresher than the Cambridge average of 57 days.
CLOSE TO 3,000 SQ. FT. OF FINISHED LIVING SPACE IN A MUSKOKA-LIKE SETTING — WHILE STILL CLOSE TO ALL MAJOR CITY AMENITIES! Welcome to 7 Shady Wood Lane, Cambridge, a spacious and beautifully updated bungalow offering 4 bedrooms, 3 bathrooms and a double-car garage, all situated on an impressive 100’ by 150’ lot. Step inside and you’ll immediately appreciate the character, space and quality of this home, featuring original hardwood flooring throughout the bedrooms and living room and a beautifully updated kitchen designed for both everyday living and entertaining. The kitchen is exceptionally well equipped with a built-in Wolf oven plus a second oven, providing plenty of flexibility for the home chef and for entertaining family and friends. Just off the kitchen is a separate formal dining room, highlighted by large picture windows that fill the space with natural light, along with sliding glass doors providing a direct walkout to the patio and backyard. Two of the bedrooms also feature sliding glass doors with direct walkouts to the backyard, creating a wonderful connection to the property’s peaceful outdoor surroundings. The updated bathrooms showcase quality finishes, including beautiful porcelain tile imported from Italy. With close to 3,000 sq. ft. of finished living space, there’s plenty of room for the entire family. The partially finished basement offers a large recreation room along with an impressive 4-piece bathroom featuring a rain shower and heated flooring. A significant portion of the basement remains unfinished. Many major updates have been completed, including newer windows and doors with a transferable warranty, newer furnace, A/C and hot water tank. Outside is where this property truly shines. The expansive lot offers a beautiful custom aluminum fence, creating a private, peaceful setting with a distinctly Muskoka-like feel — all while remaining conveniently close to shopping, restaurants, schools and major city amenities. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 44 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 44 days, which is 13 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 $995,000, about 12.9× the local median household income of $77,000.
Carrying it typically needs a household income of about $194,358 (20% down, 25-yr amortization, stress-tested) — roughly 152% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1R)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.