$799,900 - 11 Lockwood Street, Cambridge
Detached for Sale in Cambridge
New — Listed 3 days ago- MLS Number
- X13697234
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Looking for a bungalow? Downsizing? Or simply looking for the ease and convenience of one-floor living? This beautifully designed 2-bedroom bungalow offers an inviting layout that is ideal for singles, couples, small families, or anyone looking to enjoy comfortable main-floor living-with the added bonus of your own private inground pool! From the moment you step inside, you'll appreciate the impressive custom vaulted ceilings that continue through the kitchen and family room, creating a bright, spacious and welcoming atmosphere. The open-concept kitchen features rich dark maple cabinetry, stainless steel appliances, plenty of natural light and excellent space for entertaining, all overlooking the family room. Beautiful hardwood floors and ceramic tile flow through the foyer, kitchen and family room, while both bedrooms offer comfortable carpeting. The spacious primary bedroom features a walk-in closet and private ensuite, while the well-sized second bedroom provides flexibility for family, guests, or a home office. A convenient main-floor laundry area and rear entry provide easy access to the backyard. Step outside onto the pressure-treated deck overlooking the approximately 5-foot-deep, chlorinated inground pool. The fully fenced backyard creates a wonderful private setting for relaxing, entertaining and enjoying summer days at home. The property also offers a double-car driveway and single-car garage. The unfinished basement provides excellent future potential and includes a full bathroom rough-in, a second laundry setup, water softener, reverse osmosis system, and an air exchanger integrated with the furnace and air-conditioning system. A fantastic opportunity for buyers seeking the convenience of bungalow living, a functional open-concept layout and the lifestyle bonus of a private inground pool.
Estimate your monthly payments for this property
Estimated Payment
$4,103.90/mo
Includes CMHC insurance ($22,317)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Cambridge
Cambridge is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Cambridge
- •Convenient location in Cambridge
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Cambridge offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
11 Lockwood Street, Cambridge
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $727/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Cambridge's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Cambridge are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Investment Perspective
Looking at this as an investment: Cambridge properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.