178 Ripplewood Road, Cambridge, ON

$1,275,000
MLS#:X11907035
5 beds
3 baths
10.0 parking
Residential Freehold
178 Ripplewood Road, Cambridge, ON N1R 5S2
⚠️

Property no longer active

This property was sold on January 31, 2025. 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 $1,275,000 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.

  • 5 Bedrooms and 3 Bathrooms
  • Premium 200.41 x 160.5 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Attention Investors, Builders, Developers and Buyers: City approved permit to sever lot!! Welcome to 178 Ripplewood Road. Experience upscale country living on a sprawling 200x160 ft corner lot at the edge of the prestigious Hazel Glenn & Marquis neighbourhood in Southern Cambridge. This upgraded bungalow, located in a highly sought after neighbourhood, boasts 3+2 bedroom + 1 den, complete with 3 washrooms, fully upgraded kitchen including granite countertops, new fridge (2024), new dishwasher (2024), and new flooring extending to the mudroom and powder washroom. Fully renovated basement with its own stone fireplace, ideal for a home theater, gym, or studio unit with 2 bedrooms. This unique home is surrounded by mature maple and pine trees, offering a serene sanctuary perfect for nature enthusiasts, growing family, and grand events alike. Property offers significant investment potential -city water and sewer lines at the property line ready for hookup and an approved city permit to sever the lot or could be a great potential for redevelopment. This one is not to be missed!

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Property Summary

This detached home located at 178 Ripplewood Road, Cambridge is currently for sale and has been available on SousaSells for 580 days. This property is listed at $1,275,000 with an estimated mortgage of $4,244* per month. It has 5 beds, 3 bathrooms, and is unknown square feet. 178 Ripplewood Road, 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 5 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
  • 5 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • Desirable Detached architecture in Cambridge
Standout Features & Layout
Who Should Buy This Home?

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

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 31, 2025
Sold price information is available to members only
Listed Date1/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished
Lot Size200.41 × 160.5 Feet
CountyWaterloo
Annual Tax$7,408
Legal DescriptionCON 9 PT LOT 1 RP67R3582 PART 1

Parking & Garage

Parking Total10.0
Parking Space8
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Wooded/Treed
  • Public Transit
  • School Bus Route
  • Cul de Sac/Dead End

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 178 Ripplewood Road, Cambridge, ON

Q.What is the asking price for 178 Ripplewood Road, Cambridge, ON ?

The current listing price for 178 Ripplewood Road, Cambridge, ON in Cambridge is $1,275,000.

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

This property features 5 bedrooms and 3 bathrooms.

Q.What property type and architectural style is 178 Ripplewood Road, Cambridge, ON ?

178 Ripplewood Road, Cambridge, ON is a Detached (Bungalow) featuring a Finished basement.

Q.What key property features does 178 Ripplewood Road, Cambridge, ON offer?

Key property features include: Wooded/Treed, Public Transit, School Bus Route, Cul de Sac/Dead End.

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 10.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via Central Air.

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Location

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178 Ripplewood Road, 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 178 Ripplewood Road, Cambridge, ON N1R 5S2

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$382,500 (30.0%)
* Minimum Canadian down payment required for this price is $255,000.
Amortization Period30 Years
Estimated Monthly Payment$4,244Based on a loan of $892,500 over 30 years.
Purchase Price$1,275,000
Loan Amount$892,500
Provincial Land Transfer Tax:$21,975
Total Estimated Closing Taxes:$21,975

About Purchasing a Home in Cambridge, ON

For a property listed at $1,275,000 in Cambridge, the legal minimum down payment is $255,000 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 $21,975 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 $21,975.

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.