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$419,000
Cambridge
#201 408 Dundas Street South, Cambridge, Ontario, N1R0E8
This 2-bedroom, 2-bathroom condo in Cambridge is for sale offering roughly 850 sq ft of space. Listed at $419,000, it is attractively priced about 16% below the $499,900 median asking price in Cambridge. It has been on the market 37 days, fresher than the Cambridge average of 58 days.
Welcome to URBN Condominiums! This bright and modern 2-bedroom, 2-bathroom suite offers approximately 840 sq. ft. of interior living space, plus a spacious 110 sq. ft. private balcony. The open-concept layout features a combined living, dining and kitchen area, perfect for everyday living and entertaining. The primary bedroom includes a private ensuite and walk-in closet, while the second bedroom offers flexibility for guests, family or a home office. Enjoy ensuite laundry, parking and an owned locker. Conveniently located in Cambridge with easy access to shopping, dining, transit and major highways. A great opportunity for investors, first-time buyers and downsizers alike. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 37 days on market, against an average age of 58 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 2-bed single family in Cambridge has been listed for 37 days, which is 21 days fresher than the city average of 58. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $419,000, about 5.4× the local median household income of $77,000.
Carrying it typically needs a household income of about $81,845 (20% down, 25-yr amortization, stress-tested) — roughly 6% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1R)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice