$299,900

For sale

#118 8 Harris Street, Cambridge - Single Family for Sale

#118 8 Harris Street, Cambridge, Ontario, N1R8R1

2 beds2 baths1 parking950 ft²$963/mo condo feeListed 97 days ago

Overview

This 2-bedroom, 2-bathroom condo in Cambridge is for sale offering roughly 950 sq ft of space. Listed at $299,900, it is attractively priced about 40% below the $499,900 median asking price in Cambridge.

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Description

Enjoy the convenience of ground-floor condo living in the heart of Historic Downtown Galt! This well-maintained 2-bedroom, 2 full bathroom condo features a functional open-concept layout designed for comfortable everyday living.The kitchen overlooks the dining and living areas and features a convenient breakfast bar for casual dining or entertaining. Sliding doors from the dining area lead to the ground-level patio, offering easy indoor-outdoor living. The spacious primary bedroom features two closets and a full ensuite bathroom, while the second bedroom is conveniently located near the home's second full bathroom - ideal for guests, family, or a home office. In-suite laundry, underground parking, and an exclusive storage locker add to the home's everyday convenience. Most utilities are included in the condo fees, leaving hydro as the only additional utility expense.Step outside and experience one of Cambridge's most walkable neighbourhoods. Enjoy a short stroll to local cafes, restaurants, boutique shopping, the Cambridge Farmers' Market, the Gaslight District, the Grand River, trails, parks, public transit, and more. This is an opportunity to enjoy a low-maintenance lifestyle in Historic Downtown Galt. (id:66096)

Property Details

MLS®: X13620670
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $963/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,009.14/yr
Listed: 97 days ago

Rooms

Main level

Dining room: 4.57 x 3.01 meters
Kitchen: 3.02 x 3.54 meters
Living room: 4.59 x 2.97 meters
Primary Bedroom: 6.13 x 2.98 meters
Bathroom: 1.52 x 2.36 meters
Bedroom 2: 4.58 x 3.2 meters
Bathroom: 2.51 x 2.5 meters

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, Microwave, Garage door opener remote(s)
Exterior: Vinyl siding
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

97d

Cambridge listings, avg age

57d

Price / ft²

$316

List price

$300K

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 is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX ICON REALTY · CHRISTINE CHADWICK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1R)

This home lists at $299,900, about 3.9× the local median household income of $77,000.

Carrying it typically needs a household income of about $58,581 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$299,900· $316/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,995

Min 5%50%

Mortgage payment$1,580/mo

↳ CMHC premium ($11,396 capitalized)

Property tax (est.)$251/mo

Condo fee$963/mo

Total monthly$2,793

Cash Needed to Close

Down payment (5%)$14,995

Land transfer tax$2,974

Est. closing costs$3,400

Total cash needed$21,369

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