58 Avenue Road, Cambridge, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,900 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 40 x 104 ft lot
- Features a walk-up, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
BRIGHT BUNGALOW WITH FUTURE POTENTIAL. Set on a quiet, established street, this classic brick bungalow offers a solid footprint and a layout that just makes sense. Step inside and you're welcomed by a bright, inviting living space, where a large front window fills the room with natural light. The flow carries effortlessly into the dining area. Just beyond, the kitchen offers a functional layout with plenty of room to personalize over time, whether you envision a modern refresh or want to embrace its charm as-is. With 3 bedrooms on the main floor and a full 4-pc bathroom, the home is well-suited for first-time buyers, downsizers, or anyone looking for space to make their own. Each room like a blank canvas to make it your own. The real opportunity reveals itself downstairs. The walk-up basement adds a layer of versatility- ideal for future in-law potential, a separate living space, or simply expanding your square footage to suit your needs. Whether you're thinking long-term investment or creating something tailored to your lifestyle, the foundation is already here. Outside, the property continues to impress with a detached garage (the perfect shop or to be reverted back to use for parking) and private yard space, offering room to garden, or entertain on the patio. A thoughtful layout, and endless potential to shape into something special. Perfectly situated just steps to schools, public transit, the 401, parks & all major amenities. VIRTUALLY STAGED.
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Pricing & Value Insights
Data-driven valuation for 58 Avenue Road, Cambridge, ON N1R 1B9
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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 $499,900 in Cambridge, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.
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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.