$439,990

For sale

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

#7 53 ALLEGRO Common, Cambridge, Ontario, N3C1A5

2 beds2 baths1 parking940 ft²$211/mo condo feeListed 20 days ago

Overview

This 2-bedroom, 2-bathroom condo in Cambridge is for sale offering roughly 940 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-inch upper 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®: 40870983
Property Type: Single Family
Zoning: TBD
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 940 ft²
Storeys: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Open
Condo Fee: $211/mo
Fee Includes: Landscaping, Property Management, Insurance, Parking
Ownership: Condo/Strata
Listed: 20 days ago

Rooms

Main level

Bedroom: 15'7'' x 9'6''
3pc Ensuite bath
Primary Bedroom: 11'0'' x 10'9''
4pc Bathroom
Kitchen: 8'1'' x 11'0''
Great room: 13'8'' x 11'9''

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
Exterior: Brick, Vinyl siding
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Cambridge listings, avg age

58d

Price / ft²

$468

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· $468/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$367/mo

Condo fee$211/mo

Total monthly$2,895

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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