$378,555

For sale

#909 237 KING Street West, Cambridge - Single Family for Sale

#909 237 KING Street West, Cambridge, Ontario, N3H5L2

2 beds2 baths1 parking1,055 ft²$971/mo condo feeListed 15 days ago

Overview

This 2-bedroom, 2-bathroom condo in Cambridge is for sale offering roughly 1,055 sq ft of space. Listed at $378,555, it is attractively priced about 24% below the $499,900 median asking price in Cambridge. It has been on the market 15 days, fresher than the Cambridge average of 57 days.

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Description

Enjoy beautiful views and light-filled living in this spacious, south-facing corner condo! With 2 bedrooms, 2 bathrooms, and bamboo flooring throughout, this inviting suite overlooks Riverside Park, the river, and the escarpment in the distance. The generous living room opens to a balcony—the perfect spot for morning coffee surrounded by views of the trees. A bright dining area overlooks the park, while the galley kitchen keeps everything within easy reach. Set in a quiet, well-maintained building with excellent amenities, including a pool, sauna, gym, party room, library, hobby room, and games room. Includes one parking space and one locker. A lovely blend of space, comfort and scenic surroundings! (id:66096)

Property Details

MLS®: 40872577
Property Type: Single Family
Zoning: RM3
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,055 ft²
Year Built: 1989
Storeys: 1
Style: Other
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Underground, None
Pool: Yes
Condo Fee: $971/mo
Fee Includes

Rooms

Main level

4pc Bathroom
4pc Bathroom
Bedroom: 9'6'' x 14'0''
Primary Bedroom: 11'2'' x 13'1''
Kitchen: 8'1'' x 8'0''
Dining room: 12'7'' x 9'0''
Living room: 10'1'' x 18'1''

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

Features

Exterior: Brick Veneer
Lot Features: Southern exposure, Corner Site, Balcony, No Pet Home, Automatic Garage Door Opener

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Cambridge listings, avg age

57d

Price / ft²

$359

List price

$379K

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 15 days, which is 42 days fresher than the city average of 57. Act while there is still low competition.

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Listed by CENTURY 21 MILLENNIUM INC · Lydia Robertson

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3H)

This home lists at $378,555, about 4.6× the local median household income of $82,000.

Carrying it typically needs a household income of about $73,945 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $82,000
Population: 24,306
Median age: 40.8
Owner / renter: 62% / 38%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N3H)

$378,555· $359/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,927.75

Min 5%50%

Mortgage payment$1,994/mo

↳ CMHC premium ($14,385 capitalized)

Property tax (est.)$250/mo

Condo fee$971/mo

Total monthly$3,214

Cash Needed to Close

Down payment (5%)$18,928

Land transfer tax$4,153

Est. closing costs$3,636

Total cash needed$26,717

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