$439,990

For sale

#7 53 Allegro Common, Cambridge - Single Family for Sale

#7 53 Allegro Common, Cambridge, Ontario, N3C1A5

2 beds2 baths1 parking950 ft²$211/mo condo feeListed 20 days ago

Overview

This 2-bedroom, 2-bathroom condo in Cambridge is for sale offering roughly 950 sq ft of space. Listed at $439,990, it is attractively priced about 12% below the $499,900 median asking price in Cambridge. It has been on the market 20 days, fresher than the Cambridge average of 58 days.

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Description

Welcome to Cadence by Fusion Homes, where modern living meets the charm of desirable Hespeler Village! Ideally located near the scenic Mill Pond, this beautifully designed 940 sq. ft., open concept home offers the perfect blend of comfort, style, and convenience. Featuring 2 spacious bedrooms and 2 full bathrooms, this thoughtfully designed home boasts 9-foot ceilings, a generous great room with laminate flooring, and a contemporary kitchen complete with 36-inchupper cabinets (as per plan) and soft-close cabinet doors. Enjoy the convenience of in-suite laundry and additional in-suite storage, along with a covered patio off the primary bedroom-a lovely spot to enjoy your morning coffee or unwind at the end of the day. A 5-piece appliance package is included, adding even more value and convenience to this inviting home. Whether you're a first-time home buyer, downsizer, or looking for a stylish place to call home, discover the lifestyle waiting for you at Cadence just steps from the heart of Hespeler Village! 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®: X14084278
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Storeys: 1
Style: Bungalow
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $211/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Listed: 20 days ago

Rooms

Main level

Great room: 3.58 x 4.17 meters
Kitchen: 3.35 x 2.46 meters
Bathroom: 0.01 x 0.01 meters
Bedroom: 3.28 x 3.35 meters
Bedroom 2: 2.9 x 4.75 meters
Bathroom: 0.01 x 0.01 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, Water softener, Dishwasher, Stove, Dryer, Water Heater
Exterior: Brick, Vinyl siding
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Cambridge listings, avg age

58d

Price / ft²

$463

List price

$440K

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 20 days, which is 38 days fresher than the city average of 58. Act while there is still low competition.

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Listed by PSR · NEMANJA BEADER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3C)

This home lists at $439,990, about 3.9× the local median household income of $114,000.

Carrying it typically needs a household income of about $85,945 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$439,990· $463/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,999.50

Min 5%50%

Mortgage payment$2,317/mo

↳ CMHC premium ($16,720 capitalized)

Est. property tax$0/mo

Condo fee$211/mo

Total monthly$2,528

Cash Needed to Close

Down payment (5%)$22,000

Land transfer tax$5,275

Est. closing costs$3,820

Total cash needed$31,094

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