111 Newport Drive, Cambridge, ON

$724,900
MLS#:X9509452
4 beds
3 baths
1500-2000 sqft
3.0 parking
Residential Freehold
111 Newport Drive, Cambridge, ON N3H 5P9
⚠️

Property no longer active

This property was sold on November 19, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $724,900 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 35.17 x 148.89 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This beautifully updated 3+1 bedroom, 3-bathroom detached residence is the perfect blend of style, comfort, and functionality, offering everything you need to create a lifetime of memories. Step inside and be greeted by a welcoming sunporch, the ideal spot for sipping your morning coffee or unwinding with a good book. Then move into the foyer with high ceilings and flow into the bright and airy living room, perfect for family gatherings, cozy movie nights, or simply enjoying quality time. Much of the house has been freshly painted, giving it a clean and modern feel throughout. For those who love to entertain, the living, kitchen and dining area flow seamlessly together, making it easy to host guests or enjoy family meals. And when its time to move outdoors, just slide open the glass door sliders and step onto your beautiful backyard deck. With no rear neighbors, this backyard is your private retreat, perfect for summer cookouts or peaceful outdoor lounging. Commuters will love the easy access to the 401, making your daily drive a breeze. Plus, you're close to all the amenities you need, from shopping to dining and more. Upstairs, you'll find a serene large primary bedroom, along with two additional large bedrooms perfect for children, guests, or a home office. The full washroom on this level adds extra convenience for the whole family. The finished basement is a gem! Featuring a large fourth bedroom or additional living room that can double as an office and a stunning, inspired wet-room bathroom, its a versatile space ready to suit your needs. With plenty of extra storage throughout the basement, you'll have room for everything plus more. The garage offers a 240V plug for your EV, as well as loft storage area, you'll never run out of room for your essentials! So much storage at this home! This home is your ultimate blend of tranquility, space, and convenience don't miss out on making it yours! Schedule a viewing today and step into your dream of home ownership!

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Property Summary

This detached home located at 111 Newport Drive, Cambridge is currently for sale and has been available on SousaSells for 652 days. This property is listed at $724,900 with an estimated mortgage of $2,413* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 111 Newport Drive, Cambridge

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Cambridge.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Cambridge.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 19, 2024
Sold price information is available to members only
Listed Date10/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFinished, Full
Lot Size35.17 × 148.89 Feet
CountyWaterloo
Annual Tax$4,675.33
Legal DescriptionLOT 27, PLAN 58M-115. S/T EASE LT32252 IN FAVOR OF HYDRO ELECTRIC COMMISSION OF CAMBRIDGE AND NORTH DUMFRIES OVER PART OF SAID LOT PART 21 ON 58R-11927. SUBJ TO RIGHT OF ENTRY AS IN LT45322 PRIOR TO THE EARLIER PF 5YRS FROM 15.JUNE 2000, OR THE SUBDIVISION ASSUMPTION BY THE CORPORATION OF THE CITY OF CAMBRIDGE REGIONAL MUNICIPALITY OF WATERLOO. SUBJ TO RIGHT OF ENTRY AS IN LT45323 FOR 10YRS FROM 15 JUNE 2000, CITY OF CAMBRIDGE

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Electric Car Charger

Interior Features

  • Central Vacuum

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 111 Newport Drive, Cambridge, ON

Q.What is the asking price for 111 Newport Drive, Cambridge, ON ?

The current listing price for 111 Newport Drive, Cambridge, ON in Cambridge is $724,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 111 Newport Drive, Cambridge, ON ?

111 Newport Drive, Cambridge, ON is a Detached (2-Storey) featuring a Finished, Full basement.

Q.What key property features does 111 Newport Drive, Cambridge, ON offer?

Key property features include: Electric Car Charger.

Q.What interior features are included in this home?

Interior highlights include: Central Vacuum.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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111 Newport Drive, Cambridge, ON

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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 111 Newport Drive, Cambridge, ON N3H 5P9

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cambridge.

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Interest Rate4.00%
Down Payment$217,470 (30.0%)
* Minimum Canadian down payment required for this price is $47,490.
Amortization Period30 Years
Estimated Monthly Payment$2,413Based on a loan of $507,430 over 30 years.
Purchase Price$724,900
Loan Amount$507,430
Provincial Land Transfer Tax:$10,973
Total Estimated Closing Taxes:$10,973

About Purchasing a Home in Cambridge, ON

For a property listed at $724,900 in Cambridge, the legal minimum down payment is $47,490 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 $10,973 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 $10,973.

Cambridge Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cambridge.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$892,376

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%

Best Schools in Cambridge

Elementary Schools

Avenue Road
Public40 Gail Street, Cambridge, Ontario, N1R 4M2
3.3
Elgin Street
Public685 Elgin Street North, Cambridge, Ontario, N1R 7W6
6.2
St Peter
Public92 Avenue Road, Cambridge, Ontario, N1R 1C1
5.6
Christ The King
Public70 Acorn Way, Cambridge, Ontario, N1R 8M5
3.1
Blair Road
Public85 Sunset Boulevard, Galt, Cambridge, Ontario, N1S 1A9
5.6

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

Cambridge Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.