5 Summit Avenue, Cambridge, ON
Property no longer active
This property was sold on April 5, 2025. 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 stucco (plaster) and vinyl siding construction, this residence presents an exceptional opportunity offered at $649,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 79 x 70 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This inviting three-bedroom, 1.5-bath home sits on a large corner lot, offering just the right mix of indoor and outdoor space for a family to enjoy. The fenced backyard is a private retreat, perfect for unwinding in the hot tub, relaxing under the gazebo, or enjoying the peaceful ambiance of the koi ponda little slice of serenity right at home. Inside, the harvest kitchen is the heart of the home, where home-cooked meals, holiday baking, and late-night conversations will fill the space with warmth. The finished basement is where the real fun happensgather around the fireplace on a chilly evening or host friends at the wet bar, making every occasion feel special. And with parking for six, there's always room for visitors. This home is about about comfort, charm, and making the most of every space. With upgrades that include, roof 2020, exterior paint 2020, basement finished in 2022! If youre looking for a place that feels like home the moment you walk in, 5 Summit Ave is waiting for you!
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Property Summary
This detached home located at 5 Summit Avenue, Cambridge is currently for sale and has been available on SousaSells for 507 days. This property is listed at $649,000 with an estimated mortgage of $2,160* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 5 Summit Avenue, Cambridge
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cambridge.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Place Of Worship
- School Bus Route
- Public Transit
- Park
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 5 Summit Avenue, Cambridge, ON
Q.What is the asking price for 5 Summit Avenue, Cambridge, ON ?
The current listing price for 5 Summit Avenue, Cambridge, ON in Cambridge is $649,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 5 Summit Avenue, Cambridge, ON ?
5 Summit Avenue, Cambridge, ON is a Detached (2-Storey) featuring a Full, Finished basement.
Q.What key property features does 5 Summit Avenue, Cambridge, ON offer?
Key property features include: Place Of Worship, School Bus Route, Public Transit, Park.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (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 5 Summit Avenue, Cambridge, ON N1R 2R3
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 $649,000 in Cambridge, the legal minimum down payment is $39,900 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 $9,455 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 $9,455.
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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.