46 Summerside Crescent, Cambridge, ON

$899,900
MLS#:X9508367
5 beds
2 baths
700-1100 sqft
6.0 parking
Residential Freehold
46 Summerside Crescent, Cambridge, ON N1R 5S2
⚠️

Property no longer active

This property was sold on November 2, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick 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.

  • 5 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 100 x 151 ft lot
  • Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor, Storage, In-Law Capability
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Welcome to 46 Summerside Crescent, a meticulously maintained 3+2 bedroom, 2 bathroom raised bungalow, lovingly owned by the same family for over 35 years. Nestled on a peaceful, sought-after street in Cambridge, this home is situated on a generous 1/3 acre lot, offering both space and tranquility. The main floor features a bright living room with a large, picturesque window, flooding the space with natural light. The kitchen is super functional, offering plenty of cabinetry, stone countertops, and a dining area with a walk-out to a patio overlooking the spacious backyard and inground salt water pool perfect for summer relaxation. The fully finished lower level boasts a large family room with a cozy gas fireplace and a walk-out to the backyard, providing excellent potential for an in-law suite. The home has seen several recent updates, including garage doors and a water softener (2024), shingles on the home, shed, and pool storage/workshop (2022), a new hot water tank (owned, replaced in 2022), and a heat pump and furnace (2023). The heated workshop provides great versatility for hobbies or additional storage. This energy-efficient home also features solar panels that provide net metering credit, offering savings on your energy bills (Info will be provided). With a double car garage, surface parking for up to six vehicles, a pool shed, and an additional storage shed, this property is ideal for both indoor and outdoor living. Don't miss the opportunity to call 46 Summerside Crescent home, this rare find offers comfort, updates, and incredible potential in one of Cambridge's most desirable locations!

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Property Summary

This detached home located at 46 Summerside Crescent, Cambridge is currently for sale and has been available on SousaSells for 654 days. This property is listed at $899,900 with an estimated mortgage of $2,995* per month. It has 5 beds, 2 bathrooms, and is 700-1100 square feet. 46 Summerside Crescent, 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 5 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
  • 5 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Cambridge.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 2, 2024
Sold price information is available to members only
Listed Date10/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementFinished with Walk-Out, Full
Lot Size100 × 151 Feet
CountyWaterloo
Annual Tax$5,438
Legal DescriptionLT 25 PL 1294 NORTH DUMFRIES; CAMBRIDGE

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

  • Golf
  • Park
  • Place Of Worship
  • Public Transit
  • School

Interior Features

  • Primary Bedroom - Main Floor
  • Storage
  • In-Law Capability

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 46 Summerside Crescent, Cambridge, ON

Q.What is the asking price for 46 Summerside Crescent, Cambridge, ON ?

The current listing price for 46 Summerside Crescent, Cambridge, ON in Cambridge is $899,900.

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

This property features 5 bedrooms and 2 bathrooms across approximately 700-1100 sqft.

Q.What property type and architectural style is 46 Summerside Crescent, Cambridge, ON ?

46 Summerside Crescent, Cambridge, ON is a Detached (Bungalow-Raised) featuring a Finished with Walk-Out, Full basement.

Q.What key property features does 46 Summerside Crescent, Cambridge, ON offer?

Key property features include: Golf, Park, Place Of Worship, Public Transit, School.

Q.What interior features are included in this home?

Interior highlights include: Primary Bedroom - Main Floor, Storage, In-Law Capability.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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46 Summerside Crescent, 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 46 Summerside Crescent, Cambridge, ON N1R 5S2

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$269,970 (30.0%)
* Minimum Canadian down payment required for this price is $64,990.
Amortization Period30 Years
Estimated Monthly Payment$2,995Based on a loan of $629,930 over 30 years.
Purchase Price$899,900
Loan Amount$629,930
Provincial Land Transfer Tax:$14,473
Total Estimated Closing Taxes:$14,473

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.

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.