16 Pinecrest Avenue, Cambridge, ON

$750,000
MLS#:X9251624
4 beds
2 baths
1100-1500 sqft
5.0 parking
Residential Freehold
16 Pinecrest Avenue, Cambridge, ON N1R 2Y8
⚠️

Property no longer active

This property was sold on August 21, 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 $750,000 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 52 x 140 ft lot
  • Features a full, separate entrance 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: Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This charming home offers an ideal blend of comfort, style, and versatility, perfect for multi-generational living or those seeking additional income potential. The main floor features three spacious bedrooms, a beautifully renovated kitchen, and a modern bathroom, all freshly painted to create a bright and inviting atmosphere. Step outside to a stunning backyard oasis, complete with an inground pool, where you can enjoy the tranquility of the private green space that the property backs onto. The fully finished basement boasts a self-contained in-law suite, including its own kitchen, living room, bedroom, and bathroom, providing a fantastic opportunity for extended family living or rental income. With the convenience of a carport, a double driveway, and a move-in-ready condition, this home is truly a rare find.

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Property Summary

This detached home located at 16 Pinecrest Avenue, Cambridge is currently for sale and has been available on SousaSells for 723 days. This property is listed at $750,000 with an estimated mortgage of $2,496* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 16 Pinecrest Avenue, 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 2 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
  • 2 well-appointed bathrooms
  • 1100-1500 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
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 21, 2024
Sold price information is available to members only
Listed Date8/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Separate Entrance
Lot Size52 × 140 Feet
CountyWaterloo
Annual Tax$4,120
Legal DescriptionLT 49 PL 1053 CAMBRIDGE; PT LT 48 PL 1053 CAMBRIDGE AS IN WS506568; S/T 206101; CAMBRIDGE

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeCarport

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Cul de Sac/Dead End
  • Greenbelt/Conservation
  • Wooded/Treed

Interior Features

  • Accessory Apartment
  • In-Law Suite
  • Primary Bedroom - Main Floor

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 16 Pinecrest Avenue, Cambridge, ON

Q.What is the asking price for 16 Pinecrest Avenue, Cambridge, ON ?

The current listing price for 16 Pinecrest Avenue, Cambridge, ON in Cambridge is $750,000.

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

This property features 4 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 16 Pinecrest Avenue, Cambridge, ON ?

16 Pinecrest Avenue, Cambridge, ON is a Detached (Bungalow) featuring a Full, Separate Entrance basement.

Q.What key property features does 16 Pinecrest Avenue, Cambridge, ON offer?

Key property features include: Cul de Sac/Dead End, Greenbelt/Conservation, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor.

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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Location

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16 Pinecrest Avenue, 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 16 Pinecrest Avenue, Cambridge, ON N1R 2Y8

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$225,000 (30.0%)
* Minimum Canadian down payment required for this price is $50,000.
Amortization Period30 Years
Estimated Monthly Payment$2,496Based on a loan of $525,000 over 30 years.
Purchase Price$750,000
Loan Amount$525,000
Provincial Land Transfer Tax:$11,475
Total Estimated Closing Taxes:$11,475

About Purchasing a Home in Cambridge, ON

For a property listed at $750,000 in Cambridge, the legal minimum down payment is $50,000 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 $11,475 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 $11,475.

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.