Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick and stone 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.
Nestled in the heart of desirable East Galt, this well-maintained bungalow offers a perfect blend of charm, comfort, and future potential. Featuring 2 bedrooms, original hardwood flooring, and fresh paint throughout, the home is move-in ready while still offering opportunities to make it your own. The updated kitchen boasts a gas range and convenient side entrance, creating excellent possibilities for an in-law setup or secondary suite with the fully finished basement below. Recent improvements provide peace of mind, including updated windows and roof (2015), furnace and air conditioner (2022), water softener and on-demand water heater (2022), and an upgraded electrical panel. The finished lower level adds valuable living space with a large recreation room highlighted by a stone fireplace feature, a dedicated office, bar area, 2-piece bathroom, and laundry/utility room. Whether you're working from home, entertaining guests, or simply looking for extra room to spread out, this basement delivers flexibility. Outside, enjoy a private backyard retreat complete with mature trees, attractive landscaping, a flagstone patio, partial fencing, and a detached garage with hydro. Conveniently located within walking distance to downtown Cambridge, schools, parks, and amenities, with quick access to Highway 24 and 8 for commuters heading to Hamilton, Brantford, Kitchener-Waterloo.
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Hospital, Library, Park, Public Transit, School, Other
Auto Garage Door Remote, In-Law Capability, On Demand Water Heater, Sump Pump, Water Heater Owned, Water Meter, Water Softener, Water Treatment
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This could be the first listing for this address.
Data-driven valuation for 58 LOWREY Avenue S, Cambridge, ON N1R 4Z6
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.