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Price Change$798,000

1037 Clare Avenue

, Cambridge

$735,000

Detached|Bungalow
3 | 3 | 3
About this home

Welcome to an exceptional turnkey residence nestled on a quiet private street in the highly sought-after South Preston community. Meticulously maintained and thoughtfully upgraded, this all-brick bungalow offers an effortless blend of timeless elegance, modern comfort, and resort-inspired outdoor living. The beautifully appointed kitchen features granite countertops, stainless steel appliances, a brand-new French door refrigerator, and a premium Culligan reverse osmosis drinking water system with advanced microplastic filtration. The main level offers three spacious bedrooms and two and-a-half bathrooms, including a private three-piece ensuite. The fully finished lower level is designed for entertaining, complete with a stylish bar, potlights throughout, an expansive recreation room with a premium home theatre featuring an 87-inch Sony TV, and a top-loading washer and dryer. Step outside to your own private backyard oasis featuring a heated saltwater pool with a Hayward heater, installed in 2014 and surrounded by concrete. A charming gazebo creates the perfect setting for relaxing, dining, or entertaining all season long, while new sliding patio doors seamlessly connect indoor and outdoor living. Professionally designed xeriscape perennial gardens, exposed aggregate front steps, walkway, and driveway extension complete the home's thoughtfully designed exterior. Additional upgrades include eaves and soffits replaced in Summer 2020 and a roof replaced in 2014 with 30-year shingles. Located just minutes from the Grand River, scenic trails, schools, public transit, and convenient Highway 401 access, this remarkable South Preston residence offers a rare opportunity to enjoy comfort, convenience, and an effortless lifestyle in one of Cambridge's most sought-after communities.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,809
Lot Size50 ft x 110 ft
mls© NumberX13629592
Listed ByROYAL LEPAGE SIGNATURE REALTY

Listing History

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  • 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%
$3,762
Property tax
$401
Heat allowance
$150
Housing costs
$4,313 / mo

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

Down payment20% · $147,000
25-yr amortization

Income needed

$133,000

gross annual household income

Payment at 4%
$3,093 / mo
Cash down
$147,000

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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