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New1 day ago

19 - 755 Linden Drive

, Cambridge

$613,900

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

Welcome to this spacious 3-bedroom, 3-bathroom freehold townhouse in the Preston Heights community of Cambridge, an area experiencing tremendous demand from families, first-time buyers, and investors. Situated on a quiet street, this home offers exceptional privacy and a fantastic layout with a walkout basement and excellent future income potential. The main floor features a spacious foyer and bright, open-concept living, dining, and kitchen areas. The modern kitchen boasts quartz countertops, elegant backsplash, stainless steel appliances, and ample cabinetry. The dining area provides a walkout to the upper deck, creating the perfect space for outdoor dining and entertaining. Upstairs, enjoy three generously sized bedrooms, convenient second-floor laundry, and well-appointed bathrooms. The unfinished walkout basement offers direct access to the backyard and tremendous potential to create additional living space or a future income-generating suite, subject to approvals. Located in the prime Grand Riverwood/Preston Heights area, just minutes to Hwy 401, Conestoga College, Cambridge Centre, Sportsworld, schools, parks, trails, the Grand River, golf courses, and all major amenities. Waterloo University is also only a short drive away. An excellent opportunity for first-time buyers, growing families, or investors seeking a high-demand area with future basement income potential.

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agent
Angela Montano
(647) 283-2643
TypeAtt/Row/Townhouse
Style2-Storey
Approx. Age0-5
Size1500-2000 sq. ft.
Property Tax$4,772
mls© NumberX13689602
Listed ByEXP 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%
$3,142
Property tax
$398
Heat allowance
$150
Housing costs
$3,690 / mo

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

Down payment20% · $122,780
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,583 / mo
Cash down
$122,780

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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