$949,900 - 15 Carolinian Lane, Cambridge
Detached for Sale in Cambridge
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- MLS Number
- X13783754
- Property Type
- Detached
- Status
- active
- Days on Site
- 22
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Cambridge
- Taxes (2026)
- $7,576
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
The moment you pull into the driveway, you will see the care this Thomasfield-built home has been given since day one. The landscape and exterior of the home are both meticulously maintained and pristine. With over 3,400 sq. ft. of usable space across all three floors, there is plenty of room for the whole family. From the main foyer, you are in clear view of the family room, with a spectacular window that fills the home with natural light and brings the beauty of the landscape and mature trees into view. On the main floor, you will find a multipurpose bonus room that could be a home office, guest room, dining room, or whatever suits your family's needs best. As you make your way through the family room, you will find a bright, open space with gorgeous hardwood flooring, a gas fireplace, and ceilings over 16 feet high, with a view of the upstairs walkway. The family room is open to the kitchen area, making for a great entertaining space. There is a main floor laundry room with access to the garage. Kitchen sliders lead to the covered deck and private backyard, which will easily become your outdoor sanctuary. Upstairs, the large primary suite has a vaulted ceiling, walk-in closet, and four-piece ensuite with a separate shower and tub. Two more good-sized bedrooms and a three-piece washroom complete the second floor. In the basement, you will find a large finished open area that provides great additional living space. This would make a great area for movie nights and plenty of space to add a gaming area, home gym, and still have plenty of space for family gatherings. There is also a cold room, utility room, storage room, and a rough-in for a future washroom. A few creature comforts to mention include an on-demand water heater, gas line for your barbecue, sprinkler system in the backyard, and even a hot water line running into the garage. Located just off West River Rd., this location is hard to beat.
Estimate your monthly payments for this property
Estimated Payment
$4,873.48/mo
Includes CMHC insurance ($26,502)
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.
15 Carolinian Lane, 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 $475/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 22 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 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 $3,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.