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$575,000

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93 Valley Drive, Cambridge - Single Family for Sale

93 Valley Drive, Cambridge, Ontario, N3C1X7

4 beds2 baths5 parking1,300 ft²60 × 100 ft (6,000 sq ft) lot sizeListed 5 days ago

Overview

This 4-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 1,300 sq ft of space. Listed at $575,000, it is attractively priced about 18% below the $699,900 median asking price in Cambridge. It has been on the market 5 days, fresher than the Cambridge average of 57 days.

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Description

Welcome Home. There are no better words to describe 93 Valley Drive. After 72 Years of Love, Happiness and Memories this home is ready for a new family. Situated on .14 Acres, a 60 x 100ft Lot just minutes from the vibrant downtown of Hespeler, the possibilities are endless. This solid double brick home was lovingly cared for and maintained by its owners. The home features two bedrooms and a family bath on the main floor along with a large kitchen and formal living space. Upstairs features two bedrooms a skylight, build in storage drawers and finished attic space. The bonus of this home is a finished rec room, featuring a retro bar space! Laundry, 3pcs bath and a very convenient cold room finish off the space. There is a detached one car garage with separate shop/garden shed for those green thumbs as well. The home features a new furnace (2024), new AC (2025), newer windows/roof. There is an owned water softener. (id:66096)

Property Details

MLS®: X14136920
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 60 × 100 ft (6,000 sq ft)
Frontage: 60 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Baseboard heaters, Forced air, Electric, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $4,220.52/yr
Listed: 5 days ago

Rooms

Main level

Kitchen: 2.62 x 2.77 meters
Eating area: 3.39 x 1.8 meters
Living room: 3.39 x 4.3 meters
Bathroom: 1.95 x 1.86 meters
Bedroom: 2.23 x 2.9 meters
Bedroom 2: 3.08 x 3.08 meters

Basement

Bathroom: 1.34 x 2.23 meters
Furnace: 2.8 x 3.08 meters
Recreational, Games room: 7.96 x 3.35 meters
Laundry room: 2.62 x 3.32 meters

Features

Flooring: Vinyl
Foundation: Block
Exterior: Brick, Vinyl siding

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

$442

List price

$575K

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 5 days, which is 52 days fresher than the city average of 57. Act while there is still low competition.

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Listed by HOMELIFE/MIRACLE REALTY LTD · RUI PACHECO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3C)

This home lists at $575,000, about 5.0× the local median household income of $114,000.

Carrying it typically needs a household income of about $112,318 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$575,000· $442/ft²

For sale

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Full Cost Breakdown

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Down Payment5.65% · $32,500

Min 5.65%50%

Mortgage payment$3,008/mo

↳ CMHC premium ($21,700 capitalized)

Property tax (est.)$352/mo

Total monthly$3,359

Cash Needed to Close

Down payment (5.65%)$32,500

Land transfer tax$7,975

Est. closing costs$4,225

Total cash needed$44,700

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Open houses

93 Valley Drive, Cambridge - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N3C)

Book a showing

Full Cost Breakdown