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Listed 1 month ago

196 Freure Drive

, Cambridge

$1,147,500

Detached|2-Storey
4 | 4 | 4
About this home

Amazing and stunning detached home built in 2022, located on a premium ravine lot in one ofCambridge's most desirable neighborhoods. This beautiful property features 4 spacious bedrooms, 4 modern washrooms, and a double-car garage. The home is freshly painted and enhanced with elegant pot lights, giving it a bright and modern feel throughout. The main floor boasts impressive 11.5-foot ceilings and large windows that fill the home with natural light while offering breathtaking panoramic views of the ravine and pond-the perfect place to relax with your morning coffee while enjoying nature. The gourmet kitchen features a huge walk-in pantry, providing plenty of storage and convenience. Upstairs offers four generously sized bedrooms, a family retreat room, and a convenient second-floor laundry. Additional highlights include a walkout basement, 200-amp electrical panel, and a highly desirable neighborhood close to the Grand River, parks, trails, and essential amenities. A perfect blend of luxury, nature, and modern living this exceptional home is a must see.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age0-5
Size2500-3000 sq. ft.
Property Tax$7,842
Lot Size41.8 ft x 158.9 ft
mls© NumberX13574542
Listed ByHOMELIFE/MIRACLE REALTY LTD

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%
$5,873
Property tax
$654
Heat allowance
$150
Housing costs
$6,677 / mo

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

Down payment20% · $229,500
25-yr amortization

Income needed

$205,000

gross annual household income

Payment at 4%
$4,829 / mo
Cash down
$229,500

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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