$569,900

For saleJust listed

#96 51 SPARROW Avenue, Cambridge - Single Family for Sale

#96 51 SPARROW Avenue, Cambridge, Ontario, N1T2E2

4 beds2 baths2 parking1,734 ft²Listed Today

Overview

This 4-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 1,734 sq ft of space. Listed at $569,900, it is attractively priced about 19% below the $699,900 median asking price in Cambridge. It has been on the market 0 days, fresher than the Cambridge average of 57 days.

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Description

Welcome to this modern 3-storey freehold townhome built in 2022 in a family-friendly Cambridge community. Offering 1,734 sq.ft, this home features 3 bedrooms and 3 bathrooms. The ground level offers a versatile flex space, ideal for a home office or recreation room. The second level showcases a bright, open-concept kitchen, dining and living area with granite countertops, stainless steel appliances, a convenient powder room and a walk-out to a private balcony. The upper level features a spacious primary bedroom with a 3 piece ensuite and a walk-in closet, two additional bedrooms, a full bathroom and upper-level laundry. Attached garage plus driveway parking. Close to schools, parks, shopping, transit and quick highway access. (id:66096)

Property Details

MLS®: 40876739
Property Type: Single Family
Zoning: RM3 S.4.1.340
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,734 ft²
Frontage: 26 ft
Year Built: 2022
Storeys: 2
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Attached Garage
Ownership

Rooms

Third level

4pc Bathroom: 4'11'' x 8'9''
Bedroom: 13'0'' x 8'9''
Bedroom: 9'7'' x 7'5''
Bedroom: 5'0'' x 8'7''
Primary Bedroom: 10'6'' x 13'1''

Second level

Dining room: 11'1'' x 7'4''
Kitchen: 13'4'' x 8'2''
Family room: 21'3'' x 15'6''

Main level

2pc Bathroom: 3'5'' x 7'2''
Living room

Features

Appliances: Washer, Refrigerator, Gas stove(s), Dishwasher, Dryer, Garage door opener, Microwave Built-in
Foundation: Poured Concrete
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

Cambridge listings, avg age

57d

Price / ft²

$329

List price

$570K

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

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Listed by Corcoran Horizon Realty · Jillian Leclair

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1T)

This home lists at $569,900, about 4.6× the local median household income of $124,000.

Carrying it typically needs a household income of about $111,321 (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)

$569,900· $329/ft²

For sale

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Full Cost Breakdown

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Down Payment5.61% · $31,990

Min 5.61%50%

Mortgage payment$2,982/mo

↳ CMHC premium ($21,516 capitalized)

Property tax (est.)$378/mo

Total monthly$3,360

Cash Needed to Close

Down payment (5.61%)$31,990

Land transfer tax$7,873

Est. closing costs$4,210

Total cash needed$44,073

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