$599,900
Cambridge
950 HAMILTON Street, Cambridge, Ontario, N3H3E8
This 4-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 2,545 sq ft of space. Listed at $599,900, it is attractively priced about 14% below the $699,900 median asking price in Cambridge. It has been on the market 42 days, fresher than the Cambridge average of 57 days.
Opportunities like this don’t come along often! Duplex zoning, tucked into an established neighborhood on an exceptional lot of almost 3/4 of an acre, this well maintained home offers a rare combination of space, versatility and lifestyle. Enjoy a private six car parking area, inground pool, four bedrooms and outstanding potential for multigenerational living or additional income. The flexible layout offers two main floor bedrooms and two bedrooms upstairs. Zoned for a duplex, the home’s layout lends itself well to creating a two unit dwelling again. The main level features a welcoming living room, formal dining room and updated bathroom with water jetted Jacuzzi tub. Upstairs, the spacious primary bedroom opens to a private balcony overlooking the pool, while the updated second floor bathroom features an air jetted Jacuzzi tub. A finished basement with rec room provides even more living space. Outside, the inground pool and expansive yard create your own private summer retreat. Major improvements are already taken care of, including roof, soffit, fascia and eaves 2018, furnace and A/C 2021, owned tankless water heater 2022 and rebuilt upper balcony 2022. Pool pump, liner and filter 2018 and cover 2020. Additional improvements include refinished oak stairs, gas fireplace, re insulated exterior walls, sound barrier interior walls, updated electrical panel, nearly all updated windows, owned water softener and updated exterior doors. A property this unique needs to be experienced in person. Book your private showing today! (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 42 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 42 days, which is 15 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 $599,900, about 7.3× the local median household income of $82,000.
Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 43% above the area median.
Source: Statistics Canada, 2021 Census (FSA N3H)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.