123 Benn Drive, Cambridge

Price: $899,999

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13622118

Welcome to this all-brick well maintained 4-bedroom, 3-bathroom family home offering a functional layout and generous living space. The house has been enjoyed by the same family for over 20 years. This home perfectly balances comfort, practicality, and everyday convenience. The spacious main level features a formal living room and dining room, ideal for entertaining, along with a functional eat-in kitchen and a comfortable family room. A sliding door walkout leads to the raised deck and fully fenced backyard, creating the perfect setting for summer entertaining, kids, and pets. There is an all-brick utility building for your gardening and storage needs. Adding to the home's functionality, the main floor laundry room also serves as a convenient mudroom with direct access to the double car garage, ideal for busy family life. A main floor powder room and easy access to the basement complete this thoughtfully designed level. Upstairs, you'll find a large primary bedroom with a vanity area and its own private ensuite, along with three additional well-sized bedrooms-perfect for family, guests, or a home office setup. The partially finished basement offers endless potential for additional living space, whether you envision a recreation room, home gym, office or playroom. This home is close to top-rated Catholic and Public schools, including French immersion options. Enjoy easy access to shopping, restaurants, parks, transit, and walking distance to the nearby conservation area and beach. Commuters will appreciate being just minutes from Highway 401. A fantastic opportunity to own in one of the area's most desired family-friendly neighbourhood.

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$899,999 - 123 Benn Drive, Cambridge

Detached for Sale in Cambridge

4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13622118
Property Type
Detached
Status
active
Days on Site
24
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Cambridge
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to this all-brick well maintained 4-bedroom, 3-bathroom family home offering a functional layout and generous living space. The house has been enjoyed by the same family for over 20 years. This home perfectly balances comfort, practicality, and everyday convenience. The spacious main level features a formal living room and dining room, ideal for entertaining, along with a functional eat-in kitchen and a comfortable family room. A sliding door walkout leads to the raised deck and fully fenced backyard, creating the perfect setting for summer entertaining, kids, and pets. There is an all-brick utility building for your gardening and storage needs. Adding to the home's functionality, the main floor laundry room also serves as a convenient mudroom with direct access to the double car garage, ideal for busy family life. A main floor powder room and easy access to the basement complete this thoughtfully designed level. Upstairs, you'll find a large primary bedroom with a vanity area and its own private ensuite, along with three additional well-sized bedrooms-perfect for family, guests, or a home office setup. The partially finished basement offers endless potential for additional living space, whether you envision a recreation room, home gym, office or playroom. This home is close to top-rated Catholic and Public schools, including French immersion options. Enjoy easy access to shopping, restaurants, parks, transit, and walking distance to the nearby conservation area and beach. Commuters will appreciate being just minutes from Highway 401. A fantastic opportunity to own in one of the area's most desired family-friendly neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,617.46/mo

Includes CMHC insurance ($25,110)

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5-yr fixed avg.

Principal: $809,999Interest: $550,129
Mortgage Amount$835,109
Total Interest$550,129
Est. Property Tax$637/mo
Total Cost$1,385,238

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

123 Benn Drive, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,476

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 $450/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 24 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Cambridge. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 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 $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    123 Benn Drive, Cambridge | $899,999 | Battaglia Team