555 Hamilton Street, Cambridge, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $515,000 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 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 48 x 165 ft lot
- Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Floor Drain
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
You can renovate a house, but you can not recreate a great setting. This one-owner home was severed from the original homestead offering over 10,000 sq ft of property close to downtown Preston. A secluded yard gives you peace and tranquility right in the heart of the city. It is positioned close to shops, restaurants, the walking trails along the Grand River, and all the fun festivals at Riverside Park. The detached garage with a carport is perfect for hobbiests. The adorable bungaloft offers its buyers loads of character, from the carved custom cabinets to the retro glass light fixtures. With 2 bedrooms on the main floor and a third on the second floor, there is room for family and guests. The back addition is bright and sturdy; it would make for a fantastic future kitchen. Strip back all the carpets on the main floor to reveal the hardwood floors throughout. The wood-burning fireplace with a fan in the front living room offers incredible heat during the cold, long Canadian winter months. This home is ready for its next owners. This location sold them decades ago, but it's the gorgeous property that convinced them to stay!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Golf, Hospital, Library, Place Of Worship, School, Rec./Commun.Centre
Interior Features
Floor Drain
Security Features
Community Features
Location
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 555 Hamilton Street, Cambridge, ON N3H 3E1
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 $515,000 in Cambridge, the legal minimum down payment is $26,500 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 $6,775 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 $6,775.
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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.