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Listed 14 days ago

129 KOVAC Road

, Cambridge

$725,000

Detached|2-Storey
3 | 3 | 3
About this home

Welcome to 129 Kovac Road, Cambridge! This well maintained two storey home offers a functional layout, comfortable living spaces, and a fantastic location, making it an excellent opportunity for first time buyers, young families, or those looking to downsize without compromising on space. Step inside to a welcoming main floor featuring convenient inside access to the single car garage, a 2 piece powder room, and an open concept kitchen that flows seamlessly into the dining and living areas. Designed with everyday living and entertaining in mind, this bright and inviting space extends through sliding doors to the fully fenced backyard, perfect for children, pets, summer BBQs, or simply relaxing outdoors. Upstairs, you'll find two generously sized bedrooms, including a spacious primary retreat filled with natural light and complete with its own private 3 piece ensuite. An additional 4 piece bathroom completes the second level, providing convenience for family and guests alike. The finished basement adds valuable living space with a cozy gas fireplace, creating the perfect spot for movie nights, a home office, or recreation area. A dedicated laundry room and ample storage space complete the lower level. Located in one of Cambridge's desirable family friendly neighbourhoods, this home offers exceptional convenience with quick access to Highway 401, making commuting to Kitchener, Waterloo, Guelph, or the GTA a breeze. You'll enjoy being just minutes from excellent schools, parks, walking trails, and everyday amenities, including Cambridge Centre, major grocery stores, restaurants, and shopping. This is a wonderful opportunity to enjoy a move in ready home in a location that truly has it all.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age16-30
Size1100-1500 sq. ft.
Property Tax$4,824
Lot Size40.27 ft x 103.17 ft
mls© NumberX13642228
Listed ByRE/MAX TWIN CITY REALTY 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%
$3,711
Property tax
$402
Heat allowance
$150
Housing costs
$4,263 / mo

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

Down payment20% · $145,000
25-yr amortization

Income needed

$131,000

gross annual household income

Payment at 4%
$3,051 / mo
Cash down
$145,000

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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