216 Mcnichol Drive, Cambridge, ON

$969,900
MLS#:X13125898
5 beds
3 baths
2500-3000 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $969,900 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 3 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 49.21 x 106.54 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater, Water Softener, Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

** PRIDE OF OWNERSHIP FOR 23 YEARS ** Offering 2,961 Sq FT of Living Space, This Spacious Residence Features Parking for 5 Vehicles (2 in Garage, 3 in Driveway) and Showcases Stunning Curb Appeal with Newly Landscaped Front and Backyard -> Recent Upgrades Include New Roof (2019), Engineered Hardwood Flooring Throughout (Sept 2025), Pot Lights, New Windows (2019), Upgraded A/C (2021 - Larger Unit), HRV (Approx. 2019), Furnace (Dec 2024), Fresh Paint Throughout (Sept 2025), Kitchen Cabinets Painted (Sept 2025), New Shower Heads (2025), Driveway Sealed (Approx. 2024), and Concrete Walkway and Backyard (2019) -> The Main Floor Bedroom with a 4-Piece Ensuite-Perfect For a Home Office, Guest Suite, or Multi-Generational Living. Enjoy Separate Living and Family Rooms. The Family Room is Highlighted by a Cozy Gas Fireplace, While the Kitchen Offers a Breakfast Bar, Breakfast Area, and Pantry for Added Convenience -> Upstairs, the Generous Primary Bedroom Includes a 5-Piece Ensuite and Walk-In Closet. Three Additional Well-Sized Bedrooms are Complemented by a Large Bonus Space Ideal for an Office, Library, or Gym -> The Unfinished Basement Provides Endless Potential to Customize to Your Needs -> Conveniently Located Close to Holy Spirit School, Decaro Park, FreshCo, Zehrs, and Approximately 20-30 Minutes Drive to Brantford and Paris. Book Your Showing Today!!

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date5/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFull, Unfinished
Lot Size49.21 × 106.54 Feet
CountyWaterloo
Annual Tax$7,491.79
Legal DescriptionLOT 51, PLAN 58M268, CAMBRIDGE.

Parking & Garage

Parking Spaces5.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, School, Fenced Yard

Interior Features

Water Heater, Water Softener, Other, Carpet Free

Security Features

Smoke Detector

Community Features

Location

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216 Mcnichol Drive, Cambridge, ON

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 216 Mcnichol Drive, Cambridge, ON N1P 1J3

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.

Market Trend
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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 Rate5.25%
Down Payment$71,990 (7.4%)
* Minimum Canadian down payment required for this price is $71,990.
Amortization Period25 Years
Estimated Monthly Payment$5,351Based on a loan of $897,910 over 25 years.
Purchase Price$969,900
Loan Amount$897,910
Provincial Land Transfer Tax:$15,873
Total Estimated Closing Taxes:$15,873

About Purchasing a Home in Cambridge, ON

For a property listed at $969,900 in Cambridge, the legal minimum down payment is $71,990 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 $15,873 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 $15,873.

Nearby Listings

Distance:

No current listings found in Cambridge.

Similar Listings Nearby

City & 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$927,013

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%

Local Schools Guide

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
Manchester
Public455 Dundas Street North, Galt, Cambridge, Ontario, N1R 5R5
4.7

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

Homes & Housing

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.