2 beds · 2 baths · 1100 sqft
This property is located in the heart of Cambridge and is a corner lot with a lot of area. It has 2 driveways with space for parking 7 Cars. As you enter the main floor, there is lots of natural light, kitchen with white cabinetry, office & 4 Pc Bath. Upstairs you will have 2 bedrooms & 2 Pc bath. The property is carpet-free throughout. Partially Finished Lower Level With Recreational/Games Room, laundry and tons of storage space. Outside, enjoy the walk-out to the deck!! Located near schools, parks, shopping and a lot of amenities. The Property is being sold as is. Advantage 1: LOCATION : The property is a CORNER plot located at the intersection of 2 streets (Chalmers St N and Main Street). This is a happening location bustling with activities; close to commercial complexes, schools, hospital, connectivity to 401 highway, and is a central location to pretty much everything. Advantage 2 : The property has a PLOT AREA of approx. 8300 Sqft with a frontage of 78Sqft. It is a corner lot, facing 2 major streets with the possibility to sever into 2 lots. 'The property meets requirements of Cambridge Municipality Site Development Specifications for building detached units. (Disclaimer: Prospective buyers have to take approval from the municipality if they plan on doing it. I will assist, getting the approval is a matter of buyers confidence). Advantage 3: FLEXIBLE CLOSING OPTION, opportunity to buy the property at the current price and keep the closing date in future to take advantage of the forecasted reduction in mortgage rates (id:39198)
Building Type House, Detached
Year built
Square Footage 1100 sqft
Stories 1
Bedrooms 2
Bathrooms 2
Parking 7
Neighbourhood21 - Glenview, Lincoln, Oak
Land size under 1/2 acre
Heating type
Basement typePartial (Unfinished)
Parking Type Detached Garage
Time on REALTOR.ca73 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: Davenport Realty Brokerage
Home price
$510,000
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$4,639 / month
Rent $4,103
Savings $537
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$4,089 / month
Rent $3,977
Savings $112
Initial deposit 5%
Savings target Fixed at 5%