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Listed 15 days ago

I - 766 Walter Street

, Cambridge

$470,000

Condo Townhouse |
2 | 2 | 1 | 0
About this home

Welcome to this beautifully renovated, light-filled townhouse where comfort, style, and affordability come together. Offering 3 spacious bedrooms, 2 full bathrooms, and a functional layout, this move-in-ready home is perfect for first-time buyers, growing families, or savvy investors.Every space has been thoughtfully updated and meticulously maintained, allowing you to move in with complete confidence. From the modernized kitchen and bathrooms to the well-maintained mechanical systems and living areas, everything is in excellent working condition-simply unpack and start enjoying your new home.The finished basement with a full bathroom adds valuable living space, making it ideal for a family room, home office, guest suite, or multi-generational living.One of the home's standout features is the private, cozy backyard, a welcoming outdoor retreat perfect for morning coffee, summer BBQs, or relaxing after a busy day. It's a space you'll enjoy year-round.The property includes one owned parking space, with the option to rent a second parking space through the condominium for approximately $70 per month.Ideally located in the desirable Lang's Farm neighbourhood, you'll enjoy quick access to Highway 401, making commuting to Kitchener, Waterloo, Guelph, Milton, and the GTA easy. You're just minutes from Conestoga College - Cambridge Campus, Cambridge Centre, grocery stores, restaurants, parks, walking trails, community centres, schools, public transit, and everyday amenities. This prime location offers an exceptional lifestyle for families, students, professionals, and investors alike.If you're currently renting, this is an opportunity to start building equity instead of paying someone else's mortgage. Don't miss your chance to own a beautifully updated, move-in-ready home in one of Cambridge's most convenient and family-friendly communities.

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
Style2-Storey
Approx. Age31-50
Size1000-1199 sq. ft.
Maintenance Fees$534
LockerNone
BalconyNone
ExposureEast
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface
Property Tax$2,372
mls© NumberX13633316
Listed ByRE/MAX REALTY SPECIALISTS INC.
Common Elements Included
Building Insurance Included
Water Included
Parking Included

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%
$2,406
Property tax
$198
Heat allowance
$150
Condo fees, half counted
$267
Housing costs
$3,020 / mo

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

Down payment20% · $94,000
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$1,978 / mo
Cash down
$94,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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