115 Melran Drive, Cambridge, ON

$774,900
MLS#:X10417611
3 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
115 Melran Drive, Cambridge, ON N3C 4C6
⚠️

Property no longer active

This property was sold on November 27, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $774,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 39 x 124 ft lot
  • Features a partially finished, separate entrance 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: Water Softener, Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

RARE 3 bdrm, 1.5 bath brick bungalow backs onto park! Landscaped backyard w/inground pool! Original Owner. Lovely liv rm w/ bay window and laminate flooring. Huge dining area connects to Kitchen. Bright bedrooms with closets. Sep side entry to basement with enormous rec room w/gas fp, 2 pce bath, den and unfinishied area waiting for your ideas. Thoughtfully designed open layout throughout with large doorways, extra wide hallways, accessible main bathroom and exterior ramp make this home extra desirable to live comfortably for all for years to come (wheelchair access!). All this located in a desirable area close to amenities & hwy 401 access for commuters! Pool liner/furnace/AC all recently updated. If you're looking for a great bungalow at a reasonable price you've find it!

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Property Summary

This detached home located at 115 Melran Drive, Cambridge is currently for sale and has been available on SousaSells for 637 days. This property is listed at $774,900 with an estimated mortgage of $2,579* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 115 Melran 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 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cambridge.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1100-1500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Cambridge.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 27, 2024
Sold price information is available to members only
Listed Date11/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementPartially Finished, Separate Entrance
Lot Size39 × 124 Feet
CountyWaterloo
Annual Tax$5,091.54
Legal DescriptionLT 167 PL 1828 CAMBRIDGE; CAMBRIDGE

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Park

Interior Features

  • Water Softener
  • Auto Garage Door Remote

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 115 Melran Drive, Cambridge, ON

Q.What is the asking price for 115 Melran Drive, Cambridge, ON ?

The current listing price for 115 Melran Drive, Cambridge, ON in Cambridge is $774,900.

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

This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 115 Melran Drive, Cambridge, ON ?

115 Melran Drive, Cambridge, ON is a Detached (Bungalow) featuring a Partially Finished, Separate Entrance basement.

Q.What key property features does 115 Melran Drive, Cambridge, ON offer?

Key property features include: Park.

Q.What interior features are included in this home?

Interior highlights include: Water Softener, Auto Garage Door Remote.

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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115 Melran 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 115 Melran Drive, Cambridge, ON N3C 4C6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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$232,470 (30.0%)
* Minimum Canadian down payment required for this price is $52,490.
Amortization Period30 Years
Estimated Monthly Payment$2,579Based on a loan of $542,430 over 30 years.
Purchase Price$774,900
Loan Amount$542,430
Provincial Land Transfer Tax:$11,973
Total Estimated Closing Taxes:$11,973

About Purchasing a Home in Cambridge, ON

For a property listed at $774,900 in Cambridge, the legal minimum down payment is $52,490 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 $11,973 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 $11,973.

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.