42 Rich Avenue, Cambridge, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick veneer and vinyl siding construction, this residence presents an exceptional opportunity offered at $899,000 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.
- 4 Bedrooms and 4 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 63.36 x 108.99 ft lot
- Features a full, unfinished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 42 Rich Avenue and say hello to your forever home. This newly built two-storey residence is completely move-in ready, designed to check every box on your wish list while exceeding your family's expectations. From the moment you step inside this impressive 2,315 sq. ft. home, you're welcomed by a grand staircase that sets the tone for the elegant finishes throughout. The open concept main floor seamlessly connects the living, dining, and kitchen areas-perfect for hosting and entertaining. Enjoy a carpet-free main level with beautiful hardwood floors, pot lights throughout, a spacious kitchen waterfall island with a quartz countertop, and upgraded oak cabinetry complete with a built-in pantry. Ideal for guests or multi-generational living, the main floor also features a bedroom with its own walk-in closet and a three-piece ensuite. A convenient laundry room and powder room complete this level. Upstairs, the stunning oak staircase leads you to a thoughtfully designed second floor where every bedroom features its own walk-in closet-offering exceptional storage and organization for the entire family. The spacious primary suite boasts a walk-in closet and a luxurious spa-inspired five-piece ensuite. Two additional generously sized bedrooms, each with walk-in closets, share another beautifully appointed five-piece bathroom. The unspoiled basement provides endless possibilities- customize it to suit your family's needs or enjoy the additional storage space. Beautifully finished and tastefully designed, this home is ideally located just minutes from the downtown core, including the Gaslight District, the Grand River Pedestrian Bridge, and Hamilton Family Theatre, along with shopping, restaurants, and more. This is more than a house-it's the perfect place to call home.
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Pricing & Value Insights
Data-driven valuation for 42 Rich Avenue, Cambridge, ON N1R 2A5
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 $899,000 in Cambridge, the legal minimum down payment is $64,900 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 $14,455 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 $14,455.
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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.