$589,900

For sale

#51 143 Ridge Road, Cambridge - Single Family for Sale

#51 143 Ridge Road, Cambridge, Ontario, N3E0E1

2 beds3 baths2 parking1,300 ft²21 × 46 ft (968 sq ft) lot sizeListed 48 days ago

Overview

This 2-bedroom, 3-bathroom home in Cambridge is for sale offering roughly 1,300 sq ft of space. Listed at $589,900, it is attractively priced about 16% below the $699,900 median asking price in Cambridge. It has been on the market 48 days, fresher than the Cambridge average of 57 days.

Houses for Sale in Cambridge →All real estate in Cambridge →

Description

Ideally situated in the row of freehold townhomes this unit is close to conservation and surrounded by trails and greenery. The view from the upper balcony is unobstructed plus visitor parking conveniently located. Elegant Livingroom and separate Dining room have laminate floors and there is a walk out to the balcony and electric fireplace in dining room as well as a stone feature wall. The open concept kitchen with Stainless Steel appliances, Granite counters, breakfast bar and tiled floor overlooks the formal rooms. Two large upper bedrooms have broadloom and excellent closet space. There is a 4-piece bath and large walk-in closet in the Primary Bedroom. The large entry level's open space is now used as an office. There is access to the garage and storage area. Conveniently located close to amenities, schools, shops and trails. This unit is beautifully kept and a Must See! (id:66096)

Property Details

MLS®: X13805640
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 21 × 46 ft (968 sq ft)
Frontage: 21 ft
Storeys: 3
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 4.03 x 3.66 meters
Dining room: 3.96 x 2.58 meters
Kitchen: 3.5 x 2.64 meters

Upper Level

Primary Bedroom: 3.66 x 3.05 meters
Bedroom: 3.15 x 2.89 meters

Lower level

Office: 3.47 x 2.59 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, Dishwasher, Stove, Dryer, Blinds, Garage door opener, Garage door opener remote(s)
Flooring: Laminate, Carpeted
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Ravine, Conservation/green belt

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Cambridge listings, avg age

57d

Price / ft²

$454

List price

$590K

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 48 days, which is 9 days fresher than the city average of 57. Act while there is still low competition.

Set a price alert Book a showing

Listed by ROYAL LEPAGE REALTY PLUS · MARY M. MONTGOMERY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3E)

This home lists at $589,900, about 4.9× the local median household income of $121,000.

Carrying it typically needs a household income of about $115,228 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $121,000
Population: 2,802
Median age: 30.8
Owner / renter: 64% / 36%
Avg. household size: 3.5

Source: Statistics Canada, 2021 Census (FSA N3E)

$589,900· $454/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5.76% · $33,990.00

Min 5.76%50%

Mortgage payment$3,082/mo

↳ CMHC premium ($22,236 capitalized)

Property tax (est.)$363/mo

Total monthly$3,445

Cash Needed to Close

Down payment (5.76%)$33,990

Land transfer tax$8,273

Est. closing costs$4,270

Total cash needed$46,533

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator