$999,900 - 16 Wannamaker Crescent, Cambridge
Detached for Sale in Cambridge
- MLS Number
- X13647934
- Property Type
- Detached
- Status
- active
- Days on Site
- 17
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Welcome to 16 Wannamaker Crescent, a beautifully upgraded detached home offering 4+2 bedrooms, 5 bathrooms, and a newly finished legal basement apartment with a separate entrance, located in the highly desirable River Mill community. Designed with both style and functionality in mind, the main level features 9-foot ceilings, hardwood flooring throughout, a dedicated home office, and spacious living, dining, and family rooms, making it ideal for both everyday living and entertaining. The well-appointed kitchen showcases extended cabinetry, granite countertops, and stainless steel appliances. The second floor offers four generously sized bedrooms, including a spacious primary suite complete with its own split air conditioning unit for enhanced comfort, two full bathrooms, and the convenience of a second-floor laundry room. The newly finished legal basement apartment provides outstanding income potential or an ideal space for multigenerational living. Complete with a separate entrance, it features two additional bedrooms, a full kitchen equipped with a stove and French-door refrigerator, a full bathroom, and a stacked washer and dryer. This exceptional home is further enhanced with numerous upgrades, including pot lights throughout the interior and exterior, a fully upgraded HVAC system with a new heat pump, a full-home security camera system, an expanded concrete driveway and side walkway, and a fully fenced backyard featuring a gazebo and a brand-new shed situated on a concrete pad. Ideally located just minutes from highways, schools, parks, shopping, restaurants, and everyday amenities, this move-in-ready home offers the perfect combination of luxury, comfort, convenience, and exceptional investment potential.
Estimate your monthly payments for this property
Estimated Payment
$5,130.01/mo
Includes CMHC insurance ($27,897)
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.
16 Wannamaker Crescent, 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 $500/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 17 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 6 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 5 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 $4,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.