$814,900 - 120 Yates Avenue, Cambridge
Detached for Sale in Cambridge
- MLS Number
- X13650080
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Located in beautiful and historic Cambridge, this impeccably maintained two storey home sits on a premium pie-shaped lot in a quiet family friendly court in the sought after Branchton Park neighbourhood of Galt East. Offering a fully finished interior from top to bottom, this home is designed for comfortable family living and effortless entertaining. The bright main floor features a welcoming foyer with entry closet, spacious living and dining areas, a functional eat-in kitchen with stainless steel appliances, generous cabinetry and direct access to the backyard. Step outside to a two-tier deck overlooking the fully landscaped yard, complete with a custom outdoor kitchen and pizza oven, an ideal setting for summer gatherings with family and friends. Upstairs you'll find three generous bedrooms, including a spacious primary retreat with walk-in closet and private ensuite, along with a second full bathroom. The finished basement provides valuable additional living space perfect for a family room, children's play area, home office or gym, and includes a fourth bathroom, finished laundry room, cold cellar and utility/storage area. Additional highlights include fresh paint, updated lighting throughout the main and second floors, inside entry from the attached garage, ample parking, and a move in ready interior. Set on an oversized premium lot in one of Cambridge's most desirable family neighbourhoods, this is a home you'll be proud to call your own.
Estimate your monthly payments for this property
Estimated Payment
$4,180.86/mo
Includes CMHC insurance ($22,736)
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.
120 Yates 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 $543/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 16 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.
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.
Bathroom Count Matters
With 4 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 $3,395 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.