Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium stucco (plaster) and vinyl siding construction, this residence presents an exceptional opportunity offered at $799,900 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.
ATTENTION HOBBYISTS! RARE OPPORTUNITY FEATURING 3 STRUCTURES ON A 0.5-ACRE LOT WITH 120 FT FRONTAGE, HEATED DETACHED DOUBLE CAR GARAGE + ADDITIONAL DETACHED 1.5-CAR GARAGE. This beautifully maintained 1.5-storey home offers space, functionality, and exceptional outdoor living. The property features two separate driveways - one on each side providing parking for up to 16 cars. The main floor offers a bright and spacious layout with a bedroom, 1.5 baths, separate living and dining areas, convenient main floor laundry, a dedicated coffee nook, and a versatile den that can be used as a home office or converted into a walk-in closet. Upstairs, you will find two additional bedrooms and a full bath, ideal for family living. The partially finished basement provides additional space with potential to customize. Step outside to a beautifully landscaped front yard and enjoy the backyard retreat complete with an above-ground pool and a deck-perfect for entertaining. This home has been thoughtfully updated with a modern kitchen, and appliances (2022), flooring (2022), main floor full bath (2022), most windows and doors replaced (2023), fresh paint throughout, and brand-new concrete stairs at the front entrance. With both front and rear access, this property blends comfort, charm, and practicality in a sought-after location. Double detached garage dimensions are 23x31' and 1.5 car detached garage dimensions are 19x19'.
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This could be the first listing for this address.
Data-driven valuation for 196 MYERS Road, Cambridge, ON N1R 7H1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cambridge.
About Purchasing a Home in Cambridge, ON
For a property listed at $799,900 in Cambridge, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.
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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.