$399,900

For sale

#13 220 SALISBURY Avenue, Cambridge - Single Family for Sale

#13 220 SALISBURY Avenue, Cambridge, Ontario, N1S1K5

3 beds3 baths3 parking2,056 ft²$1,130/mo condo feeListed 13 days ago

Overview

This 3-bedroom, 3-bathroom condo in Cambridge is for sale offering roughly 2,056 sq ft of space. Listed at $399,900, it is attractively priced about 20% below the $499,900 median asking price in Cambridge. It has been on the market 13 days, fresher than the Cambridge average of 57 days.

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Description

Welcome to 220 Salisbury Ave, Unit 13, a beautifully updated 3-bedroom, 3-bathroom multi-level condo townhouse tucked away in a quiet and private enclave in one of West Galt’s most desirable neighbourhoods. Backing onto a greenbelt and natural green space, this home offers a peaceful setting with a wonderful sense of privacy. The spacious layout features a walkout basement, providing added flexibility and easy access to the outdoors. Numerous recent improvements include renovated kitchen and bathrooms, new flooring throughout, electrical upgrades, and improved attic insulation completed in 2025. The windows were replaced approximately two years ago, adding to the home’s comfort and efficiency. Ideally located close to schools, playgrounds, parks, trails and everyday amenities, with easy access to the Grand River trail network, Victoria Park and historic downtown Galt. A fantastic opportunity to enjoy the convenience of condo living while surrounded by nature, privacy and the established charm of West Galt. (id:66096)

Property Details

MLS®: 40873469
Property Type: Single Family
Zoning: R3
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 2
Parking: 3
Interior Size: 2,056 ft²
Year Built: 1972
Storeys: 3
Style: Other
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage
Fireplace: Yes
Condo Fee

Rooms

Basement

Utility room: 4'0'' x 4'4''
Laundry room: 7'4'' x 9'8''

Lower level

Recreation room: 10'2'' x 21'0''

Third level

Primary Bedroom: 12'9'' x 19'4''
Bedroom: 13'1'' x 11'4''
4pc Bathroom
2pc Bathroom

Second level

Bedroom: 7'7'' x 10'1''

Main level

Living room

Features

Appliances: Washer, Refrigerator, Water meter, Water softener, Dishwasher, Stove, Dryer, Microwave, Garage door opener
Foundation: Poured Concrete
Exterior: Wood, Brick
Lot Features: Conservation/green belt, Gazebo, 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

13d

Cambridge listings, avg age

57d

Price / ft²

$195

List price

$400K

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 3-bed single family in Cambridge has been listed for 13 days, which is 44 days fresher than the city average of 57. Act while there is still low competition.

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Listed by EXP REALTY · DAVID BERRY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1S)

This home lists at $399,900, about 4.2× the local median household income of $95,000.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $95,000
Population: 20,171
Median age: 42.8
Owner / renter: 71% / 29%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N1S)

$399,900· $195/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$299/mo

Condo fee$1,130/mo

Total monthly$3,535

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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