Overview

This 3-bedroom, 3-bathroom condo in Cambridge is for sale offering roughly 1,300 sq ft of space. It has been on the market 20 days, fresher than the Cambridge average of 58 days.

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Description

YOUR NEXT CHAPTER STARTS HERE! Discover the perfect blend of modern style, comfort, and functionality in this beautifully designed home by Fusion Homes in the desirable community of Hespeler Village! Featuring 3 spacious bedrooms and 2.5 bathrooms, this inviting home offers a thoughtfully designed layout with room to relax, entertain, and grow. The large great room creates a welcoming space for gathering with family and friends, while the spacious L-shaped kitchen is sure to impress with custom cabinetry, soft-close cabinet doors, and elegant quartz countertops. Upstairs, retreat to the generous primary bedroom, complete with a walk-in closet and private 4-piece ensuite. Both upstairs bathrooms feature luxurious soaker tubs, offering the perfect place to unwind at the end of the day. Enjoy the added convenience of second-floor laundry, making everyday living that much easier. The unfinished basement offers endless possibilities to customize the space to suit your needs and includes a 3-piece bathroom rough-in for future development potential. Nestled in sought-after Hespeler Village, you'll enjoy the convenient access to local shops, restaurants, parks, trails, and everyday amenities. Whether you're looking for more space or a place to settle into your next chapter, this home delivers the style, space, and comfort you've been looking for! Price reflects the full HST rebate. Purchasers must qualify and agree to assign the rebate back to the Builder. Conditions apply. Private community fees are estimated fee at project completion. (id:66096)

Property Details

MLS®: X14083002
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: None
Garage: Attached Garage, Garage
Condo Fee: $76/mo
Fee Includes: Common Area Maintenance, Parking
Ownership: Condo/Strata
Listed: 20 days ago

Rooms

Main level

Great room: 5.84 x 3.58 meters
Kitchen: 4.62 x 2.72 meters
Partial bathroom

Second level

Bedroom: 4.04 x 3.45 meters
Bathroom
Bedroom 2: 2.87 x 3.02 meters
Bedroom 3: 2.87 x 3.02 meters
Bathroom

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

Market Timing

Days on market

20d

Cambridge listings, avg age

58d

Price / ft²

$481

List price

$625K

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.

Area context

Neighbourhood profile (N3C)

This home lists at $624,990, about 5.5× the local median household income of $114,000.

Carrying it typically needs a household income of about $122,082 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.

Median household income: $114,000
Population: 27,518
Median age: 38.8
Owner / renter: 84% / 16%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA N3C)

$624,990· $481/ft²

For sale

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Full Cost Breakdown

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Down Payment6.00% · $37,499

Min 6.00%50%

Mortgage payment$3,257/mo

↳ CMHC premium ($23,500 capitalized)

Est. property tax$0/mo

Condo fee$76/mo

Total monthly$3,334

Cash Needed to Close

Down payment (6.00%)$37,499

Land transfer tax$8,975

Est. closing costs$4,375

Total cash needed$50,849

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Investment analysis

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#43 55 Cadence Common, Cambridge - Single Family for Sale