237 King Street, Cambridge, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $419,500 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1200-1399 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Absolutely stunning, large corner unit in desirable Kressview Springs condominium, located near picturesque Riverside Park and The Speed River in Cambridge - Preston area. Beautifully renovated 2 good sized bedroom, 2 full bathroom, including Primary with 3 pc ensuite, impressive open concept Living/Dining and Kitchen with abundance of floor to ceiling windows, flooded with natural light. Great views from every room and Balcony allowing you to enjoy green spaces and wild life year-round. Extensive contemporary finishes throughout include: new porcelain flooring (2020), white high gloss kitchen cupboards and quartz countertops with new appliances, wall of pantry cabinets (all in 2021), both new bathrooms with quartz vanities, tub and glass shower (2021), full sized stainless steel washer & dryer (2019). All new windows, balcony doors and custom blinds installed in 2023. The building itself went through major renovations and updates including facade, lobby, hallways, windows, patio doors and parking garage. Unparalleled amenities that this building has to offer include: indoor heated pool, hot tub, sauna, party room with kitchen facilities, fitness center, very well equipped workshop, bike room, sewing room, summertime car wash area, large outdoor terrace area with BBQ for all to enjoy. Condo fees includes Heat, A/C, Water. The unit comes with an underground parking spot and huge Locker. Great location minutes to 401, walking distance to beautiful trails at Riverside Park and shopping and restaurants in the the vibrant downtown.
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Pricing & Value Insights
Data-driven valuation for 237 King Street W 604, Cambridge, ON N3H 5L2
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About Purchasing a Home in Cambridge, ON
For a property listed at $419,500 in Cambridge, the legal minimum down payment is $20,975 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 $4,865 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 $4,865.
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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.