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Listed 1 month ago

17 Athlone Road

, Cambridge

$1,399,900

Detached|1 1/2 Storey
4 | 4 | 11
About this home

A Rare Opportunity Where Luxury, Privacy & Convenience Meet! Welcome to this exceptional property on one of Cambridge's most desirable quiet dead-end streets, just 5 minutes from Hwy 401. Set on a private half-acre lot, it offers the perfect balance of country tranquility and city convenience. Pride of ownership is evident from the moment you arrive. Beautifully landscaped grounds with a full sprinkler system and an expansive driveway accommodating 12-14 vehicles create an exceptional lifestyle opportunity. This meticulously maintained approximately 2,500 sq. ft. home offers six bedrooms, including three on the second floor, one on the main level, and two in the finished lower level. Extensive 2011 renovations showcase quality craftsmanship, thoughtful design, and impressive finishes throughout, including the addition of the oversized single-car garage with inside entry. Timeless features include travertine tile, engineered hardwood throughout the main floor, a spacious sunken living room, marble countertops, new stainless steel refrigerator and gas stove, plus a newer furnace (2022). A true stand out feature is the detached 1,400 sq. ft. building offering exceptional flexibility and future potential . Currently designed as a premium recreation space, it features a large gym with epoxy flooring and a dedicated theatre room with theatre seating. Fully serviced with its own water, sewer, furnace, central air, and air exchanger, buyers may explore the potential to convert it into a residential living space, subject to City of Cambridge approval. The private backyard is a tranquil retreat featuring a beautiful gazebo surrounded by mature landscaping, creating the perfect setting for relaxing or entertaining. A truly rare offering combining luxury, privacy, space, versatility, and outstanding future potential. This remarkable property must be experienced to be fully appreciated. **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$8,952
Lot Size115 ft x 192.55 ft
mls© NumberX13582848
Listed ByRE/MAX REAL ESTATE CENTRE 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%
$7,165
Property tax
$746
Heat allowance
$150
Housing costs
$8,061 / mo

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

Down payment20% · $279,980
25-yr amortization

Income needed

$248,000

gross annual household income

Payment at 4%
$5,891 / mo
Cash down
$279,980

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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