148 Carter Crescent, Cambridge

Price: $649,800

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13665938

Welcome to a beautifully renovated home where modern style, thoughtful design, and everyday functionality come together. Whether you're a first-time buyer, downsizing, or looking for a smart investment, this move-in-ready home offers the perfect opportunity to simply unpack and enjoy. The inviting main floor features a stylish, updated kitchen designed for both everyday meals and entertaining. The spacious living and dining areas flow seamlessly through sliding doors to an incredible 167-ft-deep, fully fenced backyard. Step outside and discover your own private outdoor retreat, complete with a large deck, newly built shed, mature privacy trees, and plenty of room to create the backyard you've always wanted - even space for a pool! With the rear of the property backing onto a school, you'll enjoy added privacy and a peaceful setting. Upstairs offers three comfortable bedrooms and a beautifully renovated bathroom. The finished basement adds even more versatility with a welcoming family room featuring an electric fireplace and custom built-in Murphy bed with a double mattress, easily transforming the space into a guest bedroom when needed. A second gorgeous bathroom with a stunning tiled shower completes this level. The extensive list of recent updates includes: Bathrooms renovated '26, Privacy Gate '21, Privacy trees in backyard '23, Murphy bed/built in - double mattress '23, Electric fireplace '23, Back deck '24, Interior waterproofing in basement w/ transferable lifetime warranty '24, Storage shed/mini deck '26, New kitchen appliances '26, freshly painted '26. Truly move in condition! Located in a convenient, family-friendly neighbourhood close to schools, parks, walking trails, shopping, public transit, and Highway 401 access within approximately 10 minutes. Beautifully finished, extensively updated, and ready to enjoy - this is one you won't want to miss!

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$649,800 - 148 Carter Crescent, Cambridge

Detached for Sale in Cambridge

Popular Listing
3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13665938
Property Type
Detached
Status
active
Days on Site
12
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Cambridge
Listing Brokerage
RE/MAX Real Estate Centre Inc
Description

Welcome to a beautifully renovated home where modern style, thoughtful design, and everyday functionality come together. Whether you're a first-time buyer, downsizing, or looking for a smart investment, this move-in-ready home offers the perfect opportunity to simply unpack and enjoy. The inviting main floor features a stylish, updated kitchen designed for both everyday meals and entertaining. The spacious living and dining areas flow seamlessly through sliding doors to an incredible 167-ft-deep, fully fenced backyard. Step outside and discover your own private outdoor retreat, complete with a large deck, newly built shed, mature privacy trees, and plenty of room to create the backyard you've always wanted - even space for a pool! With the rear of the property backing onto a school, you'll enjoy added privacy and a peaceful setting. Upstairs offers three comfortable bedrooms and a beautifully renovated bathroom. The finished basement adds even more versatility with a welcoming family room featuring an electric fireplace and custom built-in Murphy bed with a double mattress, easily transforming the space into a guest bedroom when needed. A second gorgeous bathroom with a stunning tiled shower completes this level. The extensive list of recent updates includes: Bathrooms renovated '26, Privacy Gate '21, Privacy trees in backyard '23, Murphy bed/built in - double mattress '23, Electric fireplace '23, Back deck '24, Interior waterproofing in basement w/ transferable lifetime warranty '24, Storage shed/mini deck '26, New kitchen appliances '26, freshly painted '26. Truly move in condition! Located in a convenient, family-friendly neighbourhood close to schools, parks, walking trails, shopping, public transit, and Highway 401 access within approximately 10 minutes. Beautifully finished, extensively updated, and ready to enjoy - this is one you won't want to miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,333.81/mo

Includes CMHC insurance ($18,129)

$
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5%10%50%

5-yr fixed avg.

Principal: $584,820Interest: $397,194
Mortgage Amount$602,949
Total Interest$397,194
Est. Property Tax$460/mo
Total Cost$1,000,143

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

148 Carter 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

Fair Market Value

At $928/sqft, this property is priced in line with current Cambridge market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    148 Carter Crescent, Cambridge | $649,800 | Battaglia Team