$470,000

$479,900For salePrice drop↓ $9,900 (2%)

#66 71 Garth Massey Drive, Cambridge - Single Family for Sale

#66 71 Garth Massey Drive, Cambridge, Ontario, N1T2G8

2 beds2 baths2 parking1,300 ft²21 × 46 ft (962 sq ft) lot sizeListed 117 days ago

Overview

This 2-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 1,300 sq ft of space. Listed at $470,000, it is attractively priced about 33% below the $699,900 median asking price in Cambridge.

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Description

Welcome to this lovely, low-maintenance Cambridge townhouse, perfectly suited for first-time buyers, young families, professionals, or investors. Situated in a quiet and well-kept complex, this home offers a functional multi-level layout with great use of space. The main living level features gleaming hardwood floors, a bright and comfortable living/dining area, and a well-sized kitchen with newer stainless steel appliances. Step out to the small private balcony, perfect for morning coffee, fresh air, or a quiet place to relax. The home offers spacious bedrooms, convenient in-suite laundry, an attached garage, and excellent storage throughout. Located in a family-friendly area close to schools, parks, playgrounds, walking trails, shopping, restaurants, places of worship, and quick access to Highway 401, this is a fantastic opportunity to own a move-in ready home in a commuter-friendly Cambridge location. Don't miss this great starter home or investment opportunity! (id:66096)

Property Details

MLS®: X13553570
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 21 × 46 ft (962 sq ft)
Frontage: 21 ft
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $3,530.98/yr
Listed

Rooms

Ground level

Foyer: 2.45 x 2.66 meters
Laundry room: 1.85 x 2.39 meters

Main level

Kitchen: 2.73 x 2.66 meters
Living room: 3.68 x 4.13 meters
Dining room: 3.26 x 1.94 meters
Bathroom: 0.81 x 2.13 meters

Upper Level

Primary Bedroom: 3.29 x 4.3 meters
Bedroom: 2.73 x 3.34 meters
Bathroom: 2.44 x 1.52 meters

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

Features

Flooring: Tile, Hardwood
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

117d

Cambridge listings, avg age

57d

Price / ft²

$362

List price

$470K

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 is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE · FRANK J HRIBAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1T)

This home lists at $470,000, about 3.8× the local median household income of $124,000.

Carrying it typically needs a household income of about $91,807 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $124,000
Population: 18,513
Median age: 37.2
Owner / renter: 84% / 16%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA N1T)

$470,000· $362/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,500

Min 5%50%

Mortgage payment$2,475/mo

↳ CMHC premium ($17,860 capitalized)

Property tax (est.)$294/mo

Total monthly$2,770

Cash Needed to Close

Down payment (5%)$23,500

Land transfer tax$5,875

Est. closing costs$3,910

Total cash needed$33,285

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