124 Alison Avenue, Cambridge, ON
Property no longer active
This property was sold on April 29, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow duplex located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $744,900 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 55 x 150 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 124 Alison Ave, Cambridge, a fantastic opportunity for homeowners and investors alike! This updated bungalow offers 3 bedrooms and 1 bath on the upper level, plus a fully legal 2-bedroom(Currently Rented) , 1-bath basement unit, converted in 2023 and not subject to rent control. With the basement unit currently rented for $1,895/month, you can cover over half your mortgage and pays 40% of the GAS AND WATER. The property features a large backyard, parking for at least 5 cars, and a prime location close to major highways, shopping, and amenities. Whether you're looking for an investment property or a mortgage-helper home, this one checks all the boxes. Don't miss out, schedule your private showing today!
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Property Summary
This duplex located at 124 Alison Avenue, Cambridge is currently for sale and has been available on SousaSells for 545 days. This property is listed at $744,900 with an estimated mortgage of $2,479* per month. It has 5 beds, 2 bathrooms, and is 1500-2000 square feet. 124 Alison Avenue, Cambridge
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cambridge.
- •5 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 124 Alison Avenue, Cambridge, ON
Q.What is the asking price for 124 Alison Avenue, Cambridge, ON ?
The current listing price for 124 Alison Avenue, Cambridge, ON in Cambridge is $744,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 124 Alison Avenue, Cambridge, ON ?
124 Alison Avenue, Cambridge, ON is a Duplex (Bungalow) featuring a Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Carport).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 124 Alison Avenue, Cambridge, ON N1R 1N4
Based on 0 recent similar sales in the pocket.
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 $744,900 in Cambridge, the legal minimum down payment is $49,490 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 $11,373 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 $11,373.
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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.