246 Fearnwood Street, Cambridge, ON

$925,000
MLS#:X9010273
5 beds
2 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $925,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 58 x 110 ft lot
  • Features a ["finished with walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

"THIS HOUSE IS FULLY RENOVATED" 2 Family residence for the price of One. You can get total rental income app. $5500. A Class Renovated From Top To Bottom Premium Lot 3 Bedroom Detached Home With 2 Bedroom Walk Out Basement Apartment. Main Floor Features A Living Room With A Large Windows, Dining Room, Pot Lights And 3 Bedrooms. New Designer Kitchen Has Quartz Countertop, S/S Hood And Appliances + Separate Laundry. Basement Has 2 Bedrooms + Large Living Room With Separate Laundry Room, Bath And Kitchen. 200 Amp Electrical Panel, Perfect For 2 Families With Lots Of Privacy. Secondary Dwelling In Basement Has Walk Out to the Yard. Basement Is Done With Residential Alteration Permit From City Of Cambridge, which the seller has certificate

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 9, 2024
Sold price information is available to members only
Listed Date7/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionStucco (Plaster)
Lot Size58 × 110 Feet
CountyWaterloo
Annual Tax$4,200
Legal DescriptionPT LT 5 PL 804 CAMBRIDGE PT 7 & 8, 67R2442; S/T RIGHT IN WS655086; S/T WS659673, WS659674; CAMBRIDGE

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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246 Fearnwood Street, Cambridge, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Cambridge.

Verified Local Data
Population575,847
Median Age38 Yrs
Ownership65% Owners
Avg Area List Price$744,912

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Elgin Street
Public685 Elgin Street North, Cambridge, Ontario, N1R 7W6
6.2
Avenue Road
Public40 Gail Street, Cambridge, Ontario, N1R 4M2
3.3
Christ The King
Public70 Acorn Way, Cambridge, Ontario, N1R 8M5
3.1
St Peter
Public92 Avenue Road, Cambridge, Ontario, N1R 1C1
5.6
Manchester
Public455 Dundas Street North, Galt, Cambridge, Ontario, N1R 5R5
4.7

Secondary Schools

Galt
Public200 Water Street North, Galt, Cambridge, Ontario, N1R 6V2
5.9
St. Benedict
Catholic50 Saginaw Parkway, Cambridge, Ontario, N1R 5W1
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 246 Fearnwood Street E Unit 2, Cambridge, ON N3C 1B6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$740,000
Monthly Mortgage$4,300
Property Tax (Est.)$350
Utilities & Maint.$350
Total Monthly Cost$5,000

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Cambridge.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.