$1,199,000 - 116 Crossmore Crescent, Cambridge
Detached for Sale in Cambridge
- MLS Number
- X13222682
- Property Type
- Detached
- Status
- active
- Days on Site
- 29
- Bedrooms
- 7
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
Welcome to this Beautiful 4+3 bedroom,5 bathroom Detached 36ft Lot home, 2.5 year old offeringthe perfect blend of elegance, comfort & income generating source, that is ideal for today'smodern family. Upon entrance you are greeted by a wide entry Door leading to a foyer with 9ftceiling, stylish Chandelier, New Ceramic tiles, huge closet & Powder room with brushed GoldFixtures. A separate Great room perfect for hosting guests and living room with a fireplace forgatherings & everyday living with Elegant light Fixtures. The spacious kitchen with NewBacksplash & Ceramic tiles boasts a large breakfast island, stainless steel appliances, & widecabinets offering lots of storage. Adjacent to kitchen is Dinning/Breakfast Area, ideal forenjoying meals with your loved ones/guests. Mudroom with huge cabinets connects directly to thedouble car garage for everyday convenience. Moving by Oak stairs to the second floor, you'llfind Four generously sized bedrooms with high ceiling, each with access to 3 full bathrooms.The primary bedroom boasts a luxurious 5-piece ensuite, while the second bedroom has its own4-piece ensuite with premium gold fixtures. Bedrooms 3 and 4 share a Jack & Jill-style 4-piecebathroom. Spacious laundry room on second floor & in Basement. A Legal 1230sq.ft New 3Bedroom,1 Washroom Lookout Basement with separate entrance, stylish kitchen, living area andappliances. Big Backyard equipped with Gasline and Fresh Concrete Work adding both style andpolished look for entertaining and relaxing, Extended driveway & sidewalk for Basement Entrancewith new steps, fresh concrete work. Newly Sealed Garage offering long lasting durability.Waterloo Region District school Board is considering sight for New School right next to Parksteps away from house & Commercial Plaza construction on the way with a completion in2027.Surrounded by natural surroundings, schools & amenities. Minutes from downtown Cambridge,HWY401, Conestoga College,Hospital & Restaurant.
Estimate your monthly payments for this property
Estimated Payment
$5,303.58/mo
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.
116 Crossmore Crescent, 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 $480/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.
Market Position
At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Excellent Flexibility
With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Cambridge.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.