$589,000

For sale

#92 155 Equestrian Way, Cambridge - Single Family for Sale

#92 155 Equestrian Way, Cambridge, Ontario, N3E0E8

4 beds3 baths2 parking1,300 ft²$140/mo condo feeListed 38 days ago

Overview

This 4-bedroom, 3-bathroom condo in Cambridge is for sale offering roughly 1,300 sq ft of space. It has been on the market 38 days, fresher than the Cambridge average of 58 days.

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Description

Whether you're searching for your next home or an investment property, this move-in-ready townhome offers modern living in one of Cambridge's growing communities.3-bedroom plus 1 bonus room, 2.5-bathroom townhome in Cambridge's desirable River Mill community. Featuring a bright open-concept layout, modern finishes, contemporary kitchen, spacious bedrooms. Enjoy nearby parks, trails, green space, the Grand River, schools, shopping, restaurants, transit, and easy access to Hwy 401. A fantastic opportunity for first-time buyers, families, or investors. Step inside to an inviting open-concept living and dining area filled with natural light. The contemporary kitchen is designed for both everyday living and effortless entertaining, while the spacious bedrooms provide plenty of flexibility for family living, guests, or a dedicated home office. (id:66096)

Property Details

MLS®: X13832996
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 16 × 70 ft (1,120 sq ft)
Frontage: 16 ft
Storeys: 3
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $140/mo
Fee Includes: Parcel of Tied Land
Ownership

Rooms

Main level

Den: 2.9 x 3.48 meters

Second level

Great room: 4.87 x 3.62 meters
Kitchen: 3.04 x 4.3 meters
Dining room: 2.47 x 3.4 meters

Third level

Primary Bedroom: 4.7 x 4.8 meters
Bedroom 2: 2.4 x 2.96 meters
Bedroom 3: 2.4 x 2.97 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 meter, Dishwasher, Stove, Dryer, Water Heater
Foundation: Concrete
Exterior: Brick, Stucco
Lot Features: 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

38d

Cambridge listings, avg age

58d

Price / ft²

$453

List price

$589K

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 4-bed single family in Cambridge has been listed for 38 days, which is 20 days fresher than the city average of 58. Act while there is still low competition.

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Listed by ROYAL STAR REALTY INC. · KARAM DHALIWAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3E)

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

Carrying it typically needs a household income of about $115,052 (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)

$589,000· $453/ft²

For sale

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Full Cost Breakdown

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Down Payment5.76% · $33,900

Min 5.76%50%

Mortgage payment$3,078/mo

↳ CMHC premium ($22,204 capitalized)

Property tax (est.)$450/mo

Condo fee$140/mo

Total monthly$3,668

Cash Needed to Close

Down payment (5.76%)$33,900

Land transfer tax$8,255

Est. closing costs$4,267

Total cash needed$46,422

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