547 Philip Crescent, Cambridge, ON
Property no longer active
This property was sold on November 5, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $755,000 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
- Premium 36 x 141 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Softener, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to your dream home in the heart of the desirable Preston area of Cambridge! This stunning bungalow exudes elegance and modern comfort, located on a peaceful street in a mature and welcoming neighbourhood. Boasting a remarkable blend of character and contemporary updates, this fully renovated 3+1 bedroom, 2 bathroom home is a true gem. Step inside and you'll immediately notice the meticulous attention to detail that went into the renovation of this home. The main living space invites you to unwind and entertain, offering a seamless flow between the living room and the beautifully appointed kitchen. The fully finished basement with a separate entrance features a full bathroom, a large rec room, a den, a space for laundry, and an extra bedroom giving you the potential for a future in-law suite. One of the standout features of this property is the huge lot it sits on, spreading over just about a third of an acre. Outdoor enthusiasts and entertainers alike will relish the gorgeous backyard, featuring a stunning inground pool, perfect for summer gatherings and creating lasting memories with family and friends. For those seeking a tranquil spot to relax and bask in the sunlight, the enchanting sunroom provides the ideal sanctuary. Whether you're sipping your morning coffee or unwinding with a good book, this space brings the outdoors inside, allowing you to appreciate the beauty of all seasons. Don't miss this incredible opportunity to make this renovated bungalow home. Your perfect blend of serenity and convenience awaits you in Preston - Come and experience it for yourself!
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Property Summary
This detached home located at 547 Philip Crescent, Cambridge is currently for sale and has been available on SousaSells for 652 days. This property is listed at $755,000 with an estimated mortgage of $2,513* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 547 Philip Crescent, 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
- •Desirable Detached architecture in Cambridge
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
None listed
Interior Features
- Water Softener
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 547 Philip Crescent, Cambridge, ON
Q.What is the asking price for 547 Philip Crescent, Cambridge, ON ?
The current listing price for 547 Philip Crescent, Cambridge, ON in Cambridge is $755,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms.
Q.What property type and architectural style is 547 Philip Crescent, Cambridge, ON ?
547 Philip Crescent, Cambridge, ON is a Detached (Bungalow) featuring a Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Water Softener, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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About Purchasing a Home in Cambridge, ON
For a property listed at $755,000 in Cambridge, the legal minimum down payment is $50,500 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 $11,575 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 $11,575.
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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.