$799,900 - 147 Tait Street, Cambridge
Detached for Sale in Cambridge
- MLS Number
- X13623824
- Property Type
- Detached
- Status
- active
- Days on Site
- 24
- Bedrooms
- 8
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- IQI GLOBAL REAL ESTATE
Discover a rare opportunity to own a beautifully updated brick bungalow set on an extraordinary 75' x 176' park-like lot in the heart of historic Galt. This home blends modern comfort with timeless charm, offering fresh paint, elegant pot lights, and high-end flooring throughout the main level. Natural light floods the inviting living room through a striking bow window, flowing effortlessly into the formal dining space. The kitchen's cozy breakfast nook opens into a stunning family room addition, highlighted by a stone-surround gas fireplace and an oversized picture window overlooking your private backyard oasis. Both bathrooms have been fully renovated with sleek walk-in showers and floating vanities, while the turnkey interior features stainless steel appliances and a premium washer/dryer. The fully finished lower level adds incredible versatility with two bedrooms, a full kitchen, a 3-piece bath, laundry, and abundant storage-perfect for an in-law suite or teen retreat. Step outside to enjoy exceptional outdoor living with a brand-new privacy fence, lush landscaping, a fire pit area, built-in BBQ setup, rear deck, and two storage sheds. An enclosed side garage offers additional space for hobbies, storage, or a workshop. With new AC 2024, a new garage door 2026, and modern mechanical upgrades, this home delivers peace of mind and effortless living. Located in a quiet, family-friendly neighborhood just minutes from top-rated schools, parks, downtown Galt's vibrant shops and restaurants, and quick access to Highway 401, Conestoga College, and the University of Waterloo-this is a true gem you won't want to miss. Don't miss your opportunity to make this wonderful home yours!
Estimate your monthly payments for this property
Estimated Payment
$4,103.90/mo
Includes CMHC insurance ($22,317)
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.
147 Tait Street, 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 $727/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.
Excellent Flexibility
With 8 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 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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.