$569,900

For sale

8 Miseferi Crescent, Cambridge - Single Family for Sale

8 Miseferi Crescent, Cambridge, Ontario, N1T0J1

2 beds2 baths1 parking900 ft²20 × 80 ft (1,600 sq ft) lot sizeListed 8 days ago

Overview

This 2-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 900 sq ft of space. Listed at $569,900, it is attractively priced about 20% below the $709,000 median asking price in Cambridge. It has been on the market 8 days, fresher than the Cambridge average of 57 days.

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Description

Beautiful Brand-New 2-Bedroom, 2-Bathroom Stack Townhouse in the Heart of Cambridge! Welcome to this stunning, never-lived-in home featuring a spacious and thoughtfully designed layout that perfectly blends comfort, functionality, and modern living. Built by the renowned Reid & Heritage, this exceptional property showcases numerous upgrades and quality finishes throughout. Enjoy a spacious and full of light interior for a clean, contemporary look and easy maintenance. Equipped with brand-new furnace, air conditioning, and HRV system for enhanced comfort and ventilation. Ideally situated close to downtown Cambridge and conveniently located near shopping, restaurants, parks, schools, public transit, and other everyday amenities. An excellent opportunity to own a brand-new home in a convenient and desirable location! (id:66096)

Property Details

MLS®: X14122204
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 900 ft²
Lot Size: 20 × 80 ft (1,600 sq ft)
Frontage: 20 ft
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $1/yr
Listed

Features

Foundation: Concrete, Poured Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Cambridge listings, avg age

57d

Price / ft²

$633

List price

$570K

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 2-bed single family in Cambridge has been listed for 8 days, which is 49 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX REALTY SERVICES INC. · MANPRIT SINGH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1T)

This home lists at $569,900, about 4.6× the local median household income of $124,000.

Carrying it typically needs a household income of about $111,321 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$569,900· $633/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment5.61% · $31,990

Min 5.61%50%

Mortgage payment$2,982/mo

↳ CMHC premium ($21,516 capitalized)

Property tax (est.)$0/mo

Total monthly$2,982

Cash Needed to Close

Down payment (5.61%)$31,990

Land transfer tax$7,873

Est. closing costs$4,210

Total cash needed$44,073

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

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