$649,900

For sale

8 FIFTH Avenue, Cambridge - Single Family for Sale

8 FIFTH Avenue, Cambridge, Ontario, N1S2E9

4 beds2 baths4 parking1,938 ft²6,970 sq ft (0.16 ac) lot sizeListed 12 days ago

Overview

This 4-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 1,938 sq ft of space. Listed at $649,900, it is attractively priced about 7% below the $699,900 median asking price in Cambridge. It has been on the market 12 days, fresher than the Cambridge average of 57 days.

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

Description

Welcome to 8 Fifth Avenue! If you are looking for a home that has lots of space, a huge yard and room for all your toys, this is the one for you. Once you step inside you are greeted by a spacious living room that is great for relaxing after a long day. The beautifully renovated kitchen features granite counters, lots of cabinetry and all the appliances you could ask for. An updated bathroom is followed by 3 bedrooms that are perfect for you and your family with lots of room to tuck into at night. Just off the kitchen and dining room is the addition that offers so much more - from a play room to the ultimate relaxation station to a formal dining area this thoughtful space is just waiting for your touch to turn it into the perfect place. Finishing off the well thought out main floor is the laundry room with new appliances and lots of pantry space. Heading downstairs you can see that entertainment is the name of the game as there is a large area to watch the game, a full bathroom and two versatile rooms that could be offices, bedrooms, playrooms or any other use you can think of. The backyard is the cherry on top and is big enough to support an ice rink in the winter! The Carport also features a workshop or storage area with hydro running to it. Located in a quiet, family friendly area of Galt that is close to schools, shopping, food and restaurants and entertainment it has everything right at your fingertips. Come on out and see why 8 Fifth Avenue is the one for you! (id:66096)

Property Details

MLS®: 40873833
Property Type: Single Family
Zoning: RT
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 4
Interior Size: 1,938 ft²
Lot Size: 6,970 sq ft (0.16 ac)
Frontage: 60 ft
Year Built: 1958
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Carport
Ownership

Rooms

Basement

Storage: 11'5'' x 11'7''
Recreation room: 24'6'' x 17'0''
Utility room: 3'5'' x 9'6''
Office: 12'9'' x 11'1''
Bedroom: 10'0'' x 11'0''
3pc Bathroom: 10'4'' x 5'5''

Main level

Primary Bedroom: 8'8'' x 9'1''
Living room: 13'5'' x 17'4''
Laundry room: 7'7'' x 11'9''
Kitchen: 9'6'' x 8'0''

Features

Appliances: Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings, Microwave Built-in
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Southern exposure

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Cambridge listings, avg age

57d

Price / ft²

$335

List price

$650K

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 4-bed single family in Cambridge has been listed for 12 days, which is 45 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 SOLID GOLD REALTY (II) LTD. · Brad Gosnell

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1S)

This home lists at $649,900, about 6.8× the local median household income of $95,000.

Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 34% above the area median.

Median household income: $95,000
Population: 20,171
Median age: 42.8
Owner / renter: 71% / 29%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N1S)

$649,900· $335/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 Payment6.15% · $39,990

Min 6.15%50%

Mortgage payment$3,381/mo

↳ CMHC premium ($24,396 capitalized)

Property tax (est.)$353/mo

Total monthly$3,734

Cash Needed to Close

Down payment (6.15%)$39,990

Land transfer tax$9,473

Est. closing costs$4,450

Total cash needed$53,913

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator