Cambridge, Glenview, Lincoln, Oak, N1R 1X7
$500,000
Listed by Davenport Realty Brokerage.
This property is located in the heart of Cambridge and is a corner lot with a lot of area. It has 2 driveways with space for parking 8 Cars. As you enter the main floor, there is lots of natural light, kitchen with white cabinetry, office & 4 Pc Bath. Upstairs you will have 2 bedrooms & 2 Pc bath. The property is carpet-free throughout. Partially Finished Lower Level With Recreational/Games Room, laundry and tons of storage space. Outside, enjoy the walk-out to the deck!! Located near schools, parks, shopping and a lot of amenities. The Property is being sold as is. Advantage 1: LOCATION : The property is a CORNER plot located at the intersection of 2 streets (Chalmers St N and Main Street). This is a happening location bustling with activities; close to commercial complexes, schools, hospital, connectivity to 401 highway, and is a central location to pretty much everything. Advantage 2 : The property has a PLOT AREA of approx. 8300 Sqft with a frontage of 78Sqft. It is a corner lot, facing 2 major streets with the possibility to sever into 2 lots. `The property meets requirements of Cambridge Municipality Site Development Specifications for building detached units. (Disclaimer: Prospective buyers have to take approval from the municipality if they plan on doing it. I will assist, getting the approval is a matter of buyers confidence). Advantage 3: FLEXIBLE CLOSING OPTION, opportunity to buy the property at the current price and keep the closing date in future to take advantage of the forecasted reduction in mortgage rates around June 2024.
Dryer,Refrigerator,Stove,Washer
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
