$1,200,000
Cambridge
98 WALLACE Drive, Cambridge, Ontario, N1T1K8
This multi-family property in Cambridge is for sale offering roughly 4,570 sq ft of space. It has been on the market 10 days, fresher than the Cambridge average of 57 days.
Welcome to 98 Wallace Drive! This North Galt property offers just over 4500 sq. ft. of finished living space. The spacious main home & a modern designed 2-bed, 2-bath addition with its own entrance, kitchen, laundry & backyard access. With a deep lot, multiple living areas & thoughtful upgrades, this home delivers flexibility, comfort & room to grow. Check our TOP 8 reasons why this home is the right fit for you. 8: CLEMENS MILL: A family-friendly neighbourhood close to great schools, parks, essentials, Highway 401 & shopping along Hespeler Rd. 7: BRIGHT MAIN FLOOR: The extended driveway leads to a welcoming foyer, sitting room & family room with stone fireplace. Hardwood & tile flooring, built-ins, a mudroom off the garage & a powder room support easy daily living. 6: EAT-IN KITCHEN: A bright kitchen with S/S appliances, subway tile backsplash & peaceful backyard views. Includes a dinette with walkout + a separate dining room for hosting. 5: SPACIOUS BACKYARD: A deep, fully fenced yard with stone walkways, patio, gazebo, deck overlooking the pool, fire pit, mature fruit trees, perennial gardens, fountain & shed. The 2nd unit has its own backyard walkout too. 4: DETACHED WORKSHOP: A separate brick workshop adds space for tools, hobbies & equipment — keeping the garage free. 3: SECOND UNIT: A self-contained in-law addition with its own entrance, upgraded flooring, bright living room, quartz kitchen, S/S appliances, powder room, two bedrooms, laundry & full bath. Ideal for extended or multigenerational living. 2: BEDROOMS & BATHROOMS: The main home presents four 2nd-floor bedrooms. The primary suite features a walk-in closet, custom built-ins & a 4-piece ensuite. A separate 4-piece bath serves the additional bedrooms. 1: FINISHED BASEMENT: A large rec room, second kitchen, 4-piece bath, laundry, cold room & storage provide even more functional space. A place for your family to grow with the benefit of income-producing space — the best of both worlds. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 10 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 99.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 6-bed multi-family in Cambridge has been listed for 10 days, which is 47 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 $1,200,000, about 9.7× the local median household income of $124,000.
Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 89% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1T)
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