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, Cambridge
$950,000
RARE OPPORTUNITY IN THE BEST LOCATION IN CAMBRIDGE! Stunning 2017-built 4-BEDROOM home offering approx. 2,500 sq ft above grade PLUS a 900 sq ft finished 2-BEDROOM LEGAL BASEMENT - approx.3,400 sq ft of total living space. Where else do you get 9 FT CEILINGS at this price? Spacious, sun-filled open concept layout with a separate living area on the main floor, tucked away on a quiet street just minutes to Highway 401. Fully upgraded and move-in ready: freshly painted in neutral tones, California shutters throughout, stainless steel appliances, gas hook-up in the kitchen, and a front-load coloured washer & dryer conveniently located on the main floor. Thoughtfully designed with an EXTRA washroom on the 2nd floor plus a Jack & Jill bath - 5WASHROOMS in total! The finished 2-bedroom LEGAL BASEMENT features a SEPARATE ENTRANCE and it sown SEPARATE LAUNDRY, and is currently RENTED - excellent income to help support your mortgage. Ideal for investors, multi-generational families or first-time buyers seeking rental income. Schools just minutes away, Costco, shopping and all amenities close by. Turn-key, income-producing and beautifully finished - this one has it all!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 6-15 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,650 |
| Lot Size | 35.01 ft x 98.43 ft |
| mls© Number | X13578650 |
| Listed By | RE/MAX PRESIDENT REALTY |
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%
- $4,863
- Property tax
- $554
- Heat allowance
- $150
- Housing costs
- $5,567 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$171,000
gross annual household income
- Payment at 4%
- $3,998 / mo
- Cash down
- $190,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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