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Listed 27 days ago

1 - 400 Newman Drive

, Cambridge

$989,000

Freehold Townhouse|2-Storey
4 | 3 | 2 | 0
About this home

Welcome to the 400 Newman Dr 2 Storey Traditional Townhouse, a beautifully upgraded corner residence offering approximately 2,216 sq. ft. of living space on one of the largest lots for this model. Backing onto tranquil greenspace, this home provides rare privacy and a peaceful setting.Situated on a premium corner lot, the property benefits from added natural light and expanded outdoor space. Inside, you'll find over $95,000 in builder upgrades, enhancing both style and functionality throughout. The main floor features a separate living room with an elegant waffle ceiling, ideal for entertaining or a home office. The spacious family room, anchored by a cozy fireplace, flows seamlessly into the upgraded kitchen. The kitchen showcases a striking waterfall island, premium finishes, and a walkout to the deck-perfect for indoor-outdoor living and entertaining.Upstairs offers four generously sized bedrooms with ample closet space and natural light. The primary bedroom provides a comfortable retreat, while additional rooms offer flexibility for family, guests, or workspace needs. The walkout basement presents excellent potential for future customization, whether as a recreation area, in-law suite, or home gym. The lot and layout also allow for a large elevated deck with a covered outdoor living space below, maximizing the greenspace setting.The oversized corner lot provides additional outdoor space rarely found in townhomes, ideal for relaxing or landscaping. Located in a desirable community, the home offers convenient access to schools, parks, amenities, and transportation.Combining modern design, premium upgrades, and a unique setting, this is a standout opportunity with exceptional space, privacy, and future potential.

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agent
Angela Montano
(647) 283-2643
TypeAtt/Row/Townhouse
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$6,972
mls© NumberX13599104
Listed ByROYAL LEPAGE FLOWER CITY 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%
$5,062
Property tax
$581
Heat allowance
$150
Housing costs
$5,793 / mo

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

Down payment20% · $197,800
25-yr amortization

Income needed

$178,000

gross annual household income

Payment at 4%
$4,162 / mo
Cash down
$197,800

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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