120 Masterson Crescent, Cambridge

Price: $649,999

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13667426

Welcome to 120 Masterson Crescent, Cambridge - A Truly Turnkey Gem! Nestled in a peaceful, highly sought-after neighborhood, this beautifully maintained single-family home offers the perfect blend of modern comfort and commuter-friendly convenience. Situated just minutes from Highway 401 and top-rated schools-including Cambridge's French Elementary, public, Catholic, and private options-you are also within walking distance to local places of worship (churches, gurdwaras, and mosques).Step inside to discover a bright, freshly painted interior illuminated by elegant pot lights. The open-concept layout boasts a spacious eat-in kitchen featuring rich wood cabinetry, sleek stainless steel appliances, and premium stone countertops, alongside a generous dining area ideal for hosting. Step outside to a huge fully fenced backyard complete with a expansive wooden deck-perfect for outdoor dining and entertaining! The upper level features three large, light-filled bedrooms, including a primary suite with convenient cheater ensuite access.Recent Capital Upgrades & Improvements: 2026: Freshly painted indoor walls throughout & new washroom flooring 2025: New clothes dryer 2023: High-efficiency Furnace & AC units 2023: Upgraded kitchen & washroom stone countertops 2022: Modern pot lights added in kitchen & living room 2019: Custom garage loft for extra storage space With freshly cleaned carpets and pristine maintenance throughout, there is absolutely nothing left to do but move in and enjoy. Do not miss your chance to own this immaculate, turn-key home!

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$649,999 - 120 Masterson Crescent, Cambridge

Detached for Sale in Cambridge

Popular Listing
3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13667426
Property Type
Detached
Status
active
Days on Site
11
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Cambridge
Listing Brokerage
GET HOME REALTY INC.
Description

Welcome to 120 Masterson Crescent, Cambridge - A Truly Turnkey Gem! Nestled in a peaceful, highly sought-after neighborhood, this beautifully maintained single-family home offers the perfect blend of modern comfort and commuter-friendly convenience. Situated just minutes from Highway 401 and top-rated schools-including Cambridge's French Elementary, public, Catholic, and private options-you are also within walking distance to local places of worship (churches, gurdwaras, and mosques).Step inside to discover a bright, freshly painted interior illuminated by elegant pot lights. The open-concept layout boasts a spacious eat-in kitchen featuring rich wood cabinetry, sleek stainless steel appliances, and premium stone countertops, alongside a generous dining area ideal for hosting. Step outside to a huge fully fenced backyard complete with a expansive wooden deck-perfect for outdoor dining and entertaining! The upper level features three large, light-filled bedrooms, including a primary suite with convenient cheater ensuite access.Recent Capital Upgrades & Improvements: 2026: Freshly painted indoor walls throughout & new washroom flooring 2025: New clothes dryer 2023: High-efficiency Furnace & AC units 2023: Upgraded kitchen & washroom stone countertops 2022: Modern pot lights added in kitchen & living room 2019: Custom garage loft for extra storage space With freshly cleaned carpets and pristine maintenance throughout, there is absolutely nothing left to do but move in and enjoy. Do not miss your chance to own this immaculate, turn-key home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.83/mo

Includes CMHC insurance ($18,135)

$
$
5%10%50%

5-yr fixed avg.

Principal: $584,999Interest: $397,315
Mortgage Amount$603,134
Total Interest$397,315
Est. Property Tax$460/mo
Total Cost$1,000,449

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.

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Neighbourhood Guide: Cambridge

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

120 Masterson Crescent, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$2,205

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $433/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.

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 $2,708 (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.

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    120 Masterson Crescent, Cambridge | $649,999 | Battaglia Team