$579,900

For sale

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

#96 51 Sparrow Avenue, Cambridge, Ontario, N1T2E2

3 beds3 baths2 parking1,700 ft²$77/mo condo feeListed 34 days ago

Overview

This 3-bedroom, 3-bathroom condo in Cambridge is for sale offering roughly 1,700 sq ft of space. It has been on the market 34 days, fresher than the Cambridge average of 58 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®: X13851926
Property Type: Single Family
Zoning: RM3 S.4.1.340
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,700 ft²
Storeys: 3
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $77/mo
Fee Includes: Parking
Ownership: Condo/Strata
Property Tax

Rooms

Main level

Foyer: 1.94 x 2.34 meters
Living room: 4.74 x 3.61 meters
Utility room: 2.2 x 1.37 meters

Second level

Dining room: 2.23 x 3.37 meters
Family room: 4.73 x 6.48 meters
Kitchen: 2.49 x 4.06 meters

Third level

Primary Bedroom: 4 x 3.19 meters
Bedroom 2: 2.25 x 2.92 meters
Bedroom 3: 2.67 x 3.95 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, Dishwasher, Stove, Dryer, Microwave, Garage door opener, Water Heater
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Cambridge listings, avg age

58d

Price / ft²

$341

List price

$580K

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 3-bed single family in Cambridge has been listed for 34 days, which is 24 days fresher than the city average of 58. Act while there is still low competition.

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Listed by CORCORAN HORIZON REALTY · CLIFF C. REGO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1T)

This home lists at $579,900, about 4.7× the local median household income of $124,000.

Carrying it typically needs a household income of about $113,275 (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)

$579,900· $341/ft²

For sale

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Full Cost Breakdown

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Down Payment5.69% · $32,990

Min 5.69%50%

Mortgage payment$3,032/mo

↳ CMHC premium ($21,876 capitalized)

Property tax (est.)$378/mo

Condo fee$77/mo

Total monthly$3,487

Cash Needed to Close

Down payment (5.69%)$32,990

Land transfer tax$8,073

Est. closing costs$4,240

Total cash needed$45,303

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