$514,900

For saleJust listed

#1001 190 HESPELER Road, Cambridge - Single Family for Sale

#1001 190 HESPELER Road, Cambridge, Ontario, N1R8B8

2 beds2 baths1 parking1,546 ft²$1,092/mo condo feeListed Yesterday

Overview

This 2-bedroom, 2-bathroom condo in Cambridge is for sale offering roughly 1,546 sq ft of space. Its $514,900 asking price sits right in line with the $499,900 median in Cambridge. It has been on the market 1 day, fresher than the Cambridge average of 57 days.

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Description

Opportunity knocks! Unit 1001 at the Black Forest is designed to impress, as soon as you enter the Building you know you are at one of the finest condos in Cambridge! If you have been considering a condo lifestyle, come have a look, with over 1500 sqft, open concept Living room, Dining room & solarium sitting area, you sure won't feel like a downsize! You will love that this unit is loaded with windows capturing the sunrise in the Primary bedroom and the Sunset in the Livingroom! You literally have Floor to ceiling windows capturing a 180 degrees view of the north end of the city! 2 bedrooms, 2 full baths (one being a 5pc Ensuite with soaker tub over looking the city lights!) You will also be impressed with fantastic amenities like pool, fitness, party room, games room and even tennis/pickle ball courts! This unit has one parking space and a locker for additional storage! (id:66096)

Property Details

MLS®: 40876605
Property Type: Single Family
Zoning: RM3
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,546 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Underground, Visitor Parking
Pool: Yes
Condo Fee: $1,092/mo
Fee Includes: Common Area Maintenance, Landscaping, Property Management, Water, Insurance

Rooms

Main level

Laundry room
4pc Bathroom
Bedroom: 10'6'' x 14'7''
5pc Bathroom
Primary Bedroom: 14'0'' x 14'1''
Sitting room: 6'6'' x 8'2''
Dining room: 9'2'' x 9'9''
Kitchen: 8'0'' x 22'3''
Living room: 16'10'' x 18'2''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Exterior: Concrete
Lot Features: Cul-de-sac, Conservation/green belt, No Pet Home, Automatic Garage Door Opener

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Cambridge listings, avg age

57d

Price / ft²

$333

List price

$515K

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 2-bed single family in Cambridge has been listed for 1 day, which is 56 days fresher than the city average of 57. Act while there is still low competition.

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Listed by Howie Schmidt Realty Inc. · Tony Schmidt

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1R)

This home lists at $514,900, about 6.7× the local median household income of $77,000.

Carrying it typically needs a household income of about $100,578 (20% down, 25-yr amortization, stress-tested) — roughly 31% above the area median.

Median household income: $77,000
Population: 42,928
Median age: 40.8
Owner / renter: 59% / 41%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N1R)

$514,900· $333/ft²

For sale

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Full Cost Breakdown

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Down Payment5.14% · $26,490

Min 5.14%50%

Mortgage payment$2,708/mo

↳ CMHC premium ($19,536 capitalized)

Property tax (est.)$330/mo

Condo fee$1,092/mo

Total monthly$4,129

Cash Needed to Close

Down payment (5.14%)$26,490

Land transfer tax$6,773

Est. closing costs$4,045

Total cash needed$37,308

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