$596,999

For saleJust listed

#404 190 Hespeler Road, Cambridge - Single Family for Sale

#404 190 Hespeler Road, Cambridge, Ontario, N1R8B8

2 beds2 baths2 parking1,700 ft²$1,206/mo condo feeListed 5 days ago

Overview

This 2-bedroom, 2-bathroom condo in Cambridge is for sale offering roughly 1,700 sq ft of space. It has been on the market 5 days, fresher than the Cambridge average of 57 days.

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Description

A rare offering! Welcome to this fabulous corner unit, offering approximately 1,600 sq.ft. of bright, spacious living and a large open balcony. The open-concept living and dining area features floor-to-ceiling windows, filling the space with natural light and creating a bright, airy atmosphere. In the spacious primary bedroom, you will find a walk-in closet, additional closet space, and a lovely updated 4-piece ensuite with a charming vanity. The second bedroom has a walkout to the sunroom, while an additional bathroom adds convenience for guests and family. Enjoy peaceful treed views from the kitchen and the beauty of nature right outside your door, with tranquil trails and beautifully landscaped, mature grounds. Convenient in-suite laundry adds to the ease of everyday living. This welcoming community offers plenty of opportunities to socialize, including community gatherings, BBQs, and gardens to enjoy. Exceptional amenities include an indoor pool, sauna, exercise room, party room with full kitchen, games room, library, workshop, and outdoor tennis/pickleball court. This well-managed condominium has an on-site superintendent, secure private entrance, two elevators, and two underground parking spaces! Whether you enjoy relaxing indoors, staying active, connecting with neighbours, or exploring the outdoors, this home offers a wonderful combination of comfort, convenience, and lifestyle. (id:66096)

Property Details

MLS®: X14133506
Property Type: Single Family
Zoning: N2RM3
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,700 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,206/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,627.27/yr

Rooms

Main level

Living room: 7.99 x 3.63 meters
Dining room: 7.99 x 3.63 meters
Kitchen: 6.61 x 2.36 meters
Primary Bedroom: 4.45 x 4.31 meters
Bedroom: 3.94 x 2.92 meters
Sunroom: 4.24 x 1.88 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, Stove, Dryer, Microwave, Window Coverings
Flooring: Carpeted
Exterior: Concrete, Stucco
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Cambridge listings, avg age

57d

Price / ft²

$351

List price

$597K

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 5 days, which is 52 days fresher than the city average of 57. Act while there is still low competition.

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Listed by ROYAL LEPAGE MEADOWTOWNE REALTY · BETTY D'OLIVEIRA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1R)

This home lists at $596,999, about 7.8× the local median household income of $77,000.

Carrying it typically needs a household income of about $116,615 (20% down, 25-yr amortization, stress-tested) — roughly 51% 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)

$596,999· $351/ft²

For sale

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Full Cost Breakdown

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Down Payment5.81% · $34,699.90

Min 5.81%50%

Mortgage payment$3,117/mo

↳ CMHC premium ($22,492 capitalized)

Property tax (est.)$386/mo

Condo fee$1,206/mo

Total monthly$4,709

Cash Needed to Close

Down payment (5.81%)$34,700

Land transfer tax$8,415

Est. closing costs$4,291

Total cash needed$47,406

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