Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick front and other construction, this residence presents an exceptional opportunity offered at $624,900 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.
Offered for the first time in 61 years, this mid-century classic bungalow has been lovingly maintained and ready for its next chapter. Tucked away on a quiet, tree-lined street with no city sidewalks to maintain, this property offers a peaceful setting while backing onto park space and mature trees - ideal for those who appreciate privacy and nature. While the interior reflects its era, it has been well cared for over the years, offering a rare opportunity for buyers to update and personalize a home in a desirable location. Set on a generous 68 x 100 ft lot, this home features over 1,200 sq ft of living space on the main floor alone, providing a solid footprint with plenty of room to renovate, modernize or enjoy as is. Featuring a separate entrance to the basement adding flexibility and potential for added living space, extended family and future in-law setup possibilities. Conveniently located close to shopping, elementary schools, high schools, Cambridge Christian School, parks and recreation facilities making it an excellent option for families and those wanting to stay active and settle into a well-established neighbourhood. Whether you're an investor, renovator, or searching for your forever home, this property offers timeless potential in a truly special setting.
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Public Transit, Rec./Commun.Centre, River/Stream, School, School Bus Route, Place Of Worship
Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 53 Woodland Drive, Cambridge, ON N1R 2X7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cambridge.
About Purchasing a Home in Cambridge, ON
For a property listed at $624,900 in Cambridge, the legal minimum down payment is $37,490 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 $8,973 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 $8,973.
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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.