408 Guelph Avenue, Unit 6, Cambridge, ON

$499,999
MLS#:X9389254
3 beds
2 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
408 Guelph Avenue 6, Cambridge, ON N3C 0H3
⚠️

Property no longer active

This property was sold on November 29, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Stacked Townhouse condo townhouse located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $499,999 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 2.0 total parking spaces available
  • Notable attributes: Water Softener, Water Heater
  • equipped with other central cooling and highly efficient forced air heating via gas

Description

Exciting Opportunity for First-Time Home Buyers and Investors! Step into this bright and spacious 3-bedroom, 2-bathroom stacked townhouse, located in the Tranquil Mill House Complex. This home boasts an open-concept layout with soaring 9-foot ceilings and high-end finishes throughout. Engineered maple hardwood floors grace the expansive living and dining area, with large windows and garden doors that fill the home with natural light. A rare find, this three-bedroom unit offers 2 dedicated parking spots and private garbage disposal service, ensuring convenience and ease of living. The stylish eat-in kitchen is a centerpiece, featuring trendy two-tone cabinetry, stainless steel appliances, and a stunning granite stone countertop. The Zebra blinds throughout add an elegant finishing touch. Ideal for those seeking a balance of comfort, style, and convenience, this home is nestled in a quiet, family-friendly neighborhood with close proximity to trails, beautiful parks, and schools such as St. Gabriel Catholic Elementary School and Silverheights Public School. Commuters will appreciate the easy access to highways and the 401, and you'll be just minutes away from shopping and dining on Queen St W & Hespeler Rd.

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Property Summary

This townhouse located at 408 Guelph Avenue, Cambridge is currently for sale and has been available on SousaSells for 666 days. This property is listed at $499,999 with an estimated mortgage of $1,664* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 408 Guelph Avenue, Cambridge

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cambridge.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1200-1399 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Cambridge.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 29, 2024
Sold price information is available to members only
Listed Date10/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural StyleStacked Townhouse
ConstructionBrick, Stone
BasementNone
CountyWaterloo
Annual Tax$3,829

Parking & Garage

Parking Total2.0
Parking Space0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingOther

Features

Property Features

None listed

Interior Features

  • Water Softener
  • Water Heater

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 408 Guelph Avenue, Unit 6, Cambridge, ON

Q.What is the asking price for 408 Guelph Avenue, Unit 6, Cambridge, ON ?

The current listing price for 408 Guelph Avenue, Unit 6, Cambridge, ON in Cambridge is $499,999.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 1200-1399 sqft.

Q.What property type and architectural style is 408 Guelph Avenue, Unit 6, Cambridge, ON ?

408 Guelph Avenue, Unit 6, Cambridge, ON is a Condo Townhouse (Stacked Townhouse) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Water Softener, Water Heater.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Other.

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408 Guelph Avenue, Unit 6, Cambridge, ON

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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 408 Guelph Avenue 6, Cambridge, ON N3C 0H3

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.

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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 Rate4.00%
Down Payment$150,000 (30.0%)
* Minimum Canadian down payment required for this price is $25,000.
Amortization Period30 Years
Estimated Monthly Payment$1,664Based on a loan of $349,999 over 30 years.
Purchase Price$499,999
Loan Amount$349,999
Provincial Land Transfer Tax:$6,475
Total Estimated Closing Taxes:$6,475

About Purchasing a Home in Cambridge, ON

For a property listed at $499,999 in Cambridge, the legal minimum down payment is $25,000 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 $6,475 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 $6,475.

Cambridge 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$892,376

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%

Best Schools in Cambridge

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
Blair Road
Public85 Sunset Boulevard, Galt, Cambridge, Ontario, N1S 1A9
5.6

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

Cambridge Demographic Home information

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.