111 Ainslie Street, Cambridge, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Cambridge. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $599,000 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.
- 0 Bedrooms and 2 Bathrooms
- Premium 33 x 92 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Check out this unique opportunity that provides a chance to participate in a growing neighbourhood in Waterloo region!Located in Galt, this beautiful limestone block house is zoned for residential and commercial use, with lots of options, depending on yourneeds. Located within walking distance to the local farmer's market, cafes and bakeries, yoga studios, restaurants, Victoria Park, Ainslie Streettransit terminal, Mill Race Park, the Grand River, the Cambridge Mill, art galleries, and live music festivals, this location allows for accessing anexciting, vibrant, and diverse lifestyle. Currently consisting of one 3-bedroom, 1 bathroom unit and one 1-bedroom, 1 bathroom unit - an idealsetup for multi-generation families! The property has seen many recent updates including windows, kitchens (2018 and 2019), modern lightfixtures on dimmers, and patio privacy fence and gate. Take advantage of this versatile space in a growing part of the Kitchener-Waterloo-Cambridge region! Back unit is being rented for $1,400/month.
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Pricing & Value Insights
Data-driven valuation for 111 Ainslie Street N, Cambridge, ON N1R 3P2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cambridge, ON
For a property listed at $599,000 in Cambridge, the legal minimum down payment is $34,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,455 for this transaction. As this listing is in Cambridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,455.
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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.