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Listed 3 months ago

16 Parkwood Drive

, Cambridge

$1,250,000

Detached|2-Storey
3 | 3 | 8
About this home

Some homes are simply places to live, 16 Parkwood Drive is a home meant to be felt. Built in 1958 and quietly tucked within an established neighbourhood canopy of mature trees, this mid-century modern gem sits elevated on its corner lot as though it has always known it was something special. Time has softened its edges but never diminished the character. The exterior is modest, understated, and confident. Inside, the home unfolds with warmth and intention. Sunlight flows through expansive windows, dancing across clean lines, natural textures, and open spaces designed long before "open concept" became a trend. At the centre of it all, a striking stone fireplace grounds the home-inviting slow mornings with coffee and quiet winter nights wrapped in warmth. The split-level layout creates moments of connection and retreat, while its 10-foot ceilings give the main living space an airy calm that feels both inspiring and comforting. Note- This was a double lot that the current owners have retained the south portion of to build a new custom family home to live in. A fence will be created to separate properties in coming weeks, stakes are placed where property line is. For those who value timeless design, authentic character, and homes with a story to tell-this one may feel like coming home. Features include flow between kitchen, dining, office and living spaces, Sloped ceilings extend to 10 feet in the main living room Large central stone fireplace, Split-level layout, Double car heated garage, Expansive mature gardens, Newer roof, windows, Boiler & hot water tank owned. Don't miss out on this truly unique home located in West Galt!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$6,187
Lot Size107.53 ft x 148.4 ft
mls© NumberX13243112
Listed ByRE/MAX TWIN CITY REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,398
Property tax
$516
Heat allowance
$150
Housing costs
$7,064 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $250,000
25-yr amortization

Income needed

$217,000

gross annual household income

Payment at 4%
$5,260 / mo
Cash down
$250,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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