582 MORTIMER Drive, Cambridge, ON

$799,900
MLS#:X9237862
3 beds
3 baths
1500-2000 sqft
3.0 parking
Residential Freehold
582 MORTIMER Drive, Cambridge, ON N3H 5M6
⚠️

Property no longer active

This property was sold on August 23, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 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 $799,900 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 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a spacious lot (Feet)
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

ABSOLUTELY GORGEOUS Single Detached House on a Super Large Corner Lot Conveniently Located Close to All The Conveniences Like Schools, Park, Hwy 401, Cambridge Mall. Fully Finished & Nicely Kept .Features 3 Bedroom's & 2.5 Washrooms. CARPET FREE HOME. Open Concept Main Floor With a Powder Room, Door From Garage To Inside, Large Living Room, Updated Kitchen With Granite Countertops & a Good Size Dining Room With Sliders To a Deck & A Fully Fenced Oversize Backyard With 2 Sheds. Newly Refurbished Beautiful Staircase Takes You To The 2nd Floor & Also Basement. Upstairs with An Oversize Primary Bedroom's With Sitting Area. Walk in Closet. 2 Other Good Sized Bedrooms & a 4 Pce Washroom. Fully Finished Basement With Another 3 Pce Full Washroom , A Huge Size Recreation Room, Ample Space To Put the 4th Bedroom. Furnace & Central Ac Replaced in 2019. Roof in 2017, All Faucets Changed in 2024, New Asphalt Driveway in 2023, Attic's Insulation Added in 2021. Freshly Painted in Modern Colors. Just Move in & Enjoy.

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Property Summary

This detached home located at 582 MORTIMER Drive, Cambridge is currently for sale and has been available on SousaSells for 734 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 582 MORTIMER Drive, Cambridge

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Cambridge.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Cambridge.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 23, 2024
Sold price information is available to members only
Listed Date8/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFull, Finished
CountyWaterloo
Annual Tax$4,440
Legal DescriptionPT LT 38, PL 58M152 DES AS PTS 1,2 PL 58R18542 SBJCT TO*

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Place Of Worship
  • Rec./Commun.Centre
  • School
  • Fenced Yard
  • Park
  • Library

Interior Features

  • Water Softener

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 582 MORTIMER Drive, Cambridge, ON

Q.What is the asking price for 582 MORTIMER Drive, Cambridge, ON ?

The current listing price for 582 MORTIMER Drive, Cambridge, ON in Cambridge is $799,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 582 MORTIMER Drive, Cambridge, ON ?

582 MORTIMER Drive, Cambridge, ON is a Detached (2-Storey) featuring a Full, Finished basement.

Q.What key property features does 582 MORTIMER Drive, Cambridge, ON offer?

Key property features include: Place Of Worship, Rec./Commun.Centre, School, Fenced Yard, Park, Library.

Q.What interior features are included in this home?

Interior highlights include: Water Softener.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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582 MORTIMER Drive, Cambridge, ON

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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 582 MORTIMER Drive, Cambridge, ON N3H 5M6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cambridge.

Configure Loan Settings

Interest Rate4.00%
Down Payment$239,970 (30.0%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period30 Years
Estimated Monthly Payment$2,663Based on a loan of $559,930 over 30 years.
Purchase Price$799,900
Loan Amount$559,930
Provincial Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$12,473

About Purchasing a Home in Cambridge, ON

For a property listed at $799,900 in Cambridge, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.

Cambridge Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cambridge.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$892,376

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Best Schools in Cambridge

Elementary Schools

Avenue Road
Public40 Gail Street, Cambridge, Ontario, N1R 4M2
3.3
Elgin Street
Public685 Elgin Street North, Cambridge, Ontario, N1R 7W6
6.2
St Peter
Public92 Avenue Road, Cambridge, Ontario, N1R 1C1
5.6
Christ The King
Public70 Acorn Way, Cambridge, Ontario, N1R 8M5
3.1
Blair Road
Public85 Sunset Boulevard, Galt, Cambridge, Ontario, N1S 1A9
5.6

Secondary Schools

Galt
Public200 Water Street North, Galt, Cambridge, Ontario, N1R 6V2
5.9
St. Benedict
Catholic50 Saginaw Parkway, Cambridge, Ontario, N1R 5W1
6.8

Cambridge Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.