3 Grand Avenue, Cambridge, ON
Property no longer active
This property was sold on July 25, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $595,000 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.
- 1 Bedroom and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a spacious lot (Feet)
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Separate Heating Controls, Separate Hydro Meter, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
**Exceptional Opportunity at 3 Grand Ave S, Cambridge** Discover the perfect blend of commercial and residential utility in the heart of Cambridges vibrant downtown Galt. This unique semi-detached duplex, boasting a substantial 1700 sq ft, offers a versatile layout with a commercial space on the main floor and a cozy 1-bedroom apartment upstairs.**Location Highlights:** Nestled just steps from the Cambridge Library and within walking distance to the Gaslight District, the locale is perfect for both business and leisure. Enjoy nearby attractions including the Hamilton Family Theatre, adding a dash of cultural flair to the neighborhood. Surrounded by the stunning historical churches of downtown Galt, this property promises not just a home or business location, but a piece of art. Proximity to bustling shops and exquisite dining options makes this an ideal spot for attracting foot traffic and providing a comfortable lifestyle.**Property Features:** The main floor serves as a flexible commercial space, ideal for a variety of business types seeking high visibility and accessibility in a prime location. The upper-level apartment is a peaceful retreat, featuring 1 bedroom, a full kitchen, and a living areaperfect for personal use or as a rental opportunity. Unique architectural elements and a historical ambiance that only a location like this can offer. Zoned C1RM1, allowing for many uses including retail, office, service, and residential combinations, providing exceptional flexibility for potential buyers. This rare find is not just a property, but a gateway to limitless possibilities in Cambridges most sought-after area. Whether you're expanding your business, seeking an investment, or finding a spot that bridges work and comfort, 3 Grand Ave S offers an unparalleled opportunity.
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Property Summary
This detached home located at 3 Grand Avenue, Cambridge is currently for sale and has been available on SousaSells for 772 days. This property is listed at $595,000 with an estimated mortgage of $1,981* per month. It has 1 bed, 2 bathrooms, and is 1500-2000 square feet. 3 Grand Avenue, 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.
- •1 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •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
- Library
- Place Of Worship
- Park
- River/Stream
Interior Features
- Separate Heating Controls
- Separate Hydro Meter
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 3 Grand Avenue, Cambridge, ON
Q.What is the asking price for 3 Grand Avenue, Cambridge, ON ?
The current listing price for 3 Grand Avenue, Cambridge, ON in Cambridge is $595,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 2 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 3 Grand Avenue, Cambridge, ON ?
3 Grand Avenue, Cambridge, ON is a Semi-Detached (2-Storey) featuring a Full, Unfinished basement.
Q.What key property features does 3 Grand Avenue, Cambridge, ON offer?
Key property features include: Library, Place Of Worship, Park, River/Stream.
Q.What interior features are included in this home?
Interior highlights include: Separate Heating Controls, Separate Hydro Meter, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (None).
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 3 Grand Avenue S, Cambridge, ON N1S 2L3
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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 $595,000 in Cambridge, the legal minimum down payment is $34,500 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 $8,375 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 $8,375.
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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.