$365,000

$399,500For salePrice drop↓ $34,500 (9%)

#301 944 CALEDONIAN View, Cambridge - Single Family for Sale

#301 944 CALEDONIAN View, Cambridge, Ontario, N3H1A5

3 beds2 baths1 parking1,150 ft²$753/mo condo feeListed 55 days ago

Overview

This 3-bedroom, 2-bathroom condo in Cambridge is for sale offering roughly 1,150 sq ft of space. Listed at $365,000, it is attractively priced about 27% below the $499,900 median asking price in Cambridge.

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Description

3 bedroom units dont come up for sale very often. Check out this Immaculate and spacious 3 bedroom, 1 and a 1/2 bathroom condo. Features a huge ( 20X7) screened in balcony. L-shaped living room/dining room. Eat-in kitchen with lots of cabinetry and counter space. Primary bedroom has walk-in closet and 2 piece ensuite. Nice size foyer with walk in closet. There is laundry on every floor and its included in the condo fees. Heat and water are also included in condo fees. Large storage unit. Hydro is approximately $60 each month. Well kept condominium, located on a quiet dead end street, yet very handy to Riverside Park, and tons of shopping and restaurants. (id:66096)

Property Details

MLS®: 40861353
Property Type: Single Family
Zoning: R2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,150 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Hot water radiator heat
Cooling: Wall unit
Garage: Open
Condo Fee: $753/mo
Fee Includes: Landscaping, Property Management, Heat, Water, Insurance, Parking
Ownership

Rooms

Main level

2pc Bathroom
5pc Bathroom
Foyer: 9'2'' x 4'10''
Primary Bedroom: 11'4'' x 13'8''
Bedroom: 10'3'' x 8'8''
Bedroom: 13'7'' x 9'1''
Eat in kitchen: 6'1'' x 18'10''
Dining room: 10'4'' x 7'11''
Living room: 22'4'' x 11'0''

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Microwave
Exterior: Brick
Lot Features: Cul-de-sac, Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Cambridge listings, avg age

57d

Price / ft²

$317

List price

$365K

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 55 days, which is 2 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX REAL ESTATE CENTRE INC. · ROBIN HICKEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3H)

This home lists at $365,000, about 4.5× the local median household income of $82,000.

Carrying it typically needs a household income of about $71,297 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $82,000
Population: 24,306
Median age: 40.8
Owner / renter: 62% / 38%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N3H)

$365,000· $317/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,250

Min 5%50%

Mortgage payment$1,922/mo

↳ CMHC premium ($13,870 capitalized)

Property tax (est.)$199/mo

Condo fee$753/mo

Total monthly$2,874

Cash Needed to Close

Down payment (5%)$18,250

Land transfer tax$3,950

Est. closing costs$3,595

Total cash needed$25,795

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