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Listed 1 month ago

20 Grandy Lane

, Cambridge

$1,750,000

Detached|Bungalow-Raised
2 | 3 | 8
About this home

RARE OPPORTUNITY! Custom built raised bungalow on a 1.04-acre lot, offering court location surrounded by protected greenspace. This exclusive, 10 estate court rarely has homes come up for sale and 20 Grandy lane is one that takes full advantage of the natural features, completely backing onto mature forest with direct access to Millcreek conservation land. The home features a stunning all stone exterior with a beautiful retaining wall and carefully set natural stone steps, leading to the front door. The main level layout is wide open with large windows, designed to overlook the backyard from anywhere within the open space and providing access to the elevated multi-level deck completed with composite decking and glass rails. A rich, maple raised panel kitchen sits central with an oversized quartz countertop and raised bar sitting area; elegant crown molding finishes the cabinets to the ceiling with built-in stainless-steel appliances, gas cooktop. Equal in elegance is the built-in family room wall unit featuring gas fireplace insert. A three-sided fireplace separates the dining room from a sunken sitting area providing for an elevated view of the backyard; coffered ceiling accents and hardwood flooring span the space. Completing the space is a large bedroom, laundry, 2-piece bathroom, and the primary suite, complete with walk in closet and recently renovated(2023) 5-piece spa like ensuite. A hardwood staircase leads to the lower level which is still completely above grade; the home was strategically placed to take full advantage of the walkout. Lower level gives access to the oversized, staggered double car garage. Perfectly suited as a multi-generational home, offering three bedrooms, a recently renovated (2023) 4-piece bathroom, recreation room with gas fireplace, and kitchenette along with wet bar. Roof(2024), Additional oversized garden shed for equipment storage. Minutes from the 401, amenities, and schools. Don't miss this truly beautiful property!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. Age16-30
Size3000-3500 sq. ft.
Property Tax$12,264
Lot Size169.62 acres x 238.04 acres
mls© NumberX13534866
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%
$8,957
Property tax
$1,022
Heat allowance
$150
Housing costs
$10,129 / mo

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

Down payment20% · $350,000
25-yr amortization

Income needed

$312,000

gross annual household income

Payment at 4%
$7,364 / mo
Cash down
$350,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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