282 NEWMAN Drive, Cambridge, ON
Property no longer active
This property was sold on July 22, 2024. This listing is for reference purposes only. to view the sold price.
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 $899,900 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 29.53 x 98.43 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Sump Pump, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 282 Newman Dr, Cambridge! This brand-new, never-lived-in house is a fantastic opportunity for first-time home buyers or investors. Drive up to this stunning, newly constructed home and step inside the welcoming foyer, which overlooks a charming 2-piece powder room. The carpet-free main level, boasting 9-foot ceilings, features a spacious living room with a cozy fireplace and a wall of windows that flood the space with natural light. The chef's kitchen is an absolute delight with its gleaming granite countertops and ample cabinetry, and the adjacent breakfast area is the perfect spot to enjoy your morning coffee while taking in the serene views outside. Situated on a ravine lot, this house ensures no backyard neighbors for ultimate privacy. The separate dining room provides an ideal setting for memorable family dinners. Upstairs, discover four generously sized bedrooms and two full bathrooms. The master bedroom is a luxurious retreat with its walk-in closet and private 5-piece ensuite, complete with a double sink, standing shower, and soaker tub. The other three bedrooms each come with their own closets and share a beautifully appointed 5pc main bathroom with double sink and soaker tub. Conveniently, the laundry is also located on the upper level. The unfinished walkout basement offers endless possibilities, from creating a personal retreat to designing an in-law suite or future legal duplex, with a rough-in for a bathroom already in place. Outside, the builders will finish a raised deck, perfect for enjoying outdoor gatherings. Nestled in a sought-after locale, this home provides easy access to parks, green spaces, and conservation areas, ensuring a serene natural environment at your doorstep. Dont miss this incredible opportunity to own a brand-new home in a desirable neighborhood!
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Property Summary
This detached home located at 282 NEWMAN Drive, Cambridge is currently for sale and has been available on SousaSells for 764 days. This property is listed at $899,900 with an estimated mortgage of $2,995* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 282 NEWMAN Drive, Cambridge
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Cambridge.
- •4 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Greenbelt/Conservation
- School
Interior Features
- Sump Pump
- Water Heater
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 282 NEWMAN Drive, Cambridge, ON
Q.What is the asking price for 282 NEWMAN Drive, Cambridge, ON ?
The current listing price for 282 NEWMAN Drive, Cambridge, ON in Cambridge is $899,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 282 NEWMAN Drive, Cambridge, ON ?
282 NEWMAN Drive, Cambridge, ON is a Detached (2-Storey) featuring a Full, Unfinished basement.
Q.What key property features does 282 NEWMAN Drive, Cambridge, ON offer?
Key property features include: Greenbelt/Conservation, School.
Q.What interior features are included in this home?
Interior highlights include: Sump Pump, Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 282 NEWMAN Drive, Cambridge, ON N1S 0E2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cambridge, ON
For a property listed at $899,900 in Cambridge, the legal minimum down payment is $64,990 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 $14,473 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 $14,473.
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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.