288 Main Street, Cambridge, ON
Property no longer active
This property was sold on August 30, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $499,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 1500-2000 sqft on a premium 69.3 x 78.5 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Workbench, Primary Bedroom - Main Floor, Water Softener
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Tucked away in a charming neighborhood in Cambridge, this lovely two-bedroom house built in 1862 exudes character. This home was built over 100 years BEFORE Cambridge was founded! Everything from the large, elegant trim, to the high ceilings and large fireplace gives us a peek into original build style and quality. While at the same time updated paint and flooring transforms the look to something that feels like it was built yesterday. The eat-in kitchen stands at the heart of the house, featuring stainless steel appliances, tin ceiling that beautifully complement its classic style. In the main bathroom you'll find a traditional clawfoot style tub. Perfectly suited to match the historic feel of the home. The main floor also includes a flexible office space that can easily transform into an extra bedroom, offering plenty of room for work or relaxation. The home's unique charm is enhanced by deep window sills and built-in closets and bookshelves. Those looking to expand may find potential in the loft space. Already set up with a bedroom and small living area. This could be the perfect teenager retreat! The full lower level features built-in workbenches and the exposed stone of the original foundation. This delightful home is conveniently located just steps from public transport, a short walk to local shops, and near schools, trails, parks, and the historic downtown Cambridge. Experience this treasure where classic charm meets modern updates, creating an enchanting living space. Of note, the home is listed on the Heritage Act Registry.
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Property Summary
This detached home located at 288 Main Street, Cambridge is currently for sale and has been available on SousaSells for 714 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 2 beds, 1 bathroom, and is 1500-2000 square feet. 288 Main Street, Cambridge
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Cambridge.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •1500-2000 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Library
- Park
- Place Of Worship
- Public Transit
- School
Interior Features
- Workbench
- Primary Bedroom - Main Floor
- Water Softener
Security Features
- Smoke Detector
Community Features
None listed
Frequently Asked Questions about 288 Main Street, Cambridge, ON
Q.What is the asking price for 288 Main Street, Cambridge, ON ?
The current listing price for 288 Main Street, Cambridge, ON in Cambridge is $499,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 1500-2000 sqft.
Q.What property type and architectural style is 288 Main Street, Cambridge, ON ?
288 Main Street, Cambridge, ON is a Detached (1 1/2 Storey) featuring a Full, Unfinished basement.
Q.What key property features does 288 Main Street, Cambridge, ON offer?
Key property features include: Hospital, Library, Park, Place Of Worship, Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: Workbench, Primary Bedroom - Main Floor, Water Softener.
Q.What security features are installed at 288 Main Street, Cambridge, ON ?
Security features include: Smoke Detector.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (Detached).
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 288 Main Street, Cambridge, ON N1R 1Y1
Based on 0 recent similar sales in the pocket.
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 $499,000 in Cambridge, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.
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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.