$549,900 - 116 Victoria Avenue, Cambridge
Detached for Sale in Cambridge
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- MLS Number
- X13877616
- Property Type
- Detached
- Status
- active
- Days on Site
- 0
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Cambridge
- Taxes (2026)
- $3,371
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Welcome to 116 Victoria Ave, Cambridge, a beautifully renovated and exceptionally well-maintained home nestled in a family-friendly neighborhood. Offering 3 bedrooms, 2 full bathrooms, parking for 4 vehicles: 1-car garage, 3-car driveway, this is the house you don't want to miss. Step inside to a spacious and bright main level, featuring newly added full bathroom, an excellent feature for everyday living. The fully updated kitchen offers excellent functionality with additional cabinetry providing ample storage, while the adjacent dining area is the perfect place to create lasting memories over shared meals. Living room featuring a stunning wall of windows that fills the space with natural light, complemented by beautifully designed wood panels creates a modern focal point. Main level Laundry is cherry on cake. Upstairs, discover 3 generously sized bedrooms, each offering plenty of natural light and comfortable living space. All bedrooms are bright, airy and versatile. The bathrooms have been beautifully rebuilt and upgraded, creating a fresh and modern feel throughout. The basement offers valuable additional space ready for your personal touch. Step outside into the fully fenced backyard, where the spacious patio provides an ideal setting for summer gatherings, family bbq's and entertaining. There is plenty of room for children and pets to play, with excellent potential to create your own outdoor oasis. This Carpet-Free home has been extensively updated, including windows, doors in 2022, driveway in 2024, gutter system in 2025, water softener in 2022 with alkaline filter added in 2026, water purifier in 2022, furnace and heat pump in 2025, updated flooring, lighting and stairs, a new main-level bathroom and rebuilt bathroom in 2026, appliances between 2024 and 2025. Conveniently located close to schools, parks, shopping, restaurants, amenities and Public Transit, this is an incredible opportunity to own a move-in ready house. Book your private showing today.
Estimate your monthly payments for this property
Estimated Payment
$2,821.27/mo
Includes CMHC insurance ($15,342)
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 Victoria Avenue, 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 $500/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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,291 (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.