$1,474,900 - 164 Fisher Mills Road, Cambridge
Detached for Sale in Cambridge
44 days on marketWant to see this home in person?
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- MLS Number
- X13706000
- Property Type
- Detached
- Status
- active
- Days on Site
- 44
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Cambridge
- Taxes (2025)
- $7,158
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Here is your opportunity to own a piece of history in Silver Heights (Hespeler)-one of the original stone farmhouses built in 1859 in the Mennonite Georgian style. Thoughtfully updated while preserving its timeless charm and character, this exceptional 2.5-storey home sits on a beautiful 1/4-acre estate lot and features a welcoming front porch, double-car garage and parking for up to 6 vehicles. Offering over 3,100 sq. ft. of beautifully designed living space, the home blends historic character with modern elegance. The spacious living room features a wood-burning fireplace and overlooks a stunning den/salon complete with a grand piano. The gourmet kitchen is designed for both everyday living and entertaining, featuring a centre island, window seat, fireplace, stainless steel appliances, abundant cabinetry and counter space, plus a walk-out to the backyard. A formal dining room is conveniently located adjacent to the kitchen, while the mudroom and 2-piece bath add functionality. The second floor offers a generous primary bedroom with a renovated 5-piece ensuite and walk-in closet, two additional bedrooms and a renovated 4-piece bath. An updated second-floor deck provides tree-lined views. The bright, spacious third-floor loft offers incredible flexibility, with space for a 4th bedroom, a 3-piece bath, and a recreation room with a gas fireplace and expansive views. Outside, the beautifully landscaped grounds provide multiple spaces to relax and entertain. A covered rear deck with hot tub offers a private retreat, while the interlock driveway, stone walkways, new metal fencing and automated gate opener add to the property's impressive curb appeal and functionality
Estimate your monthly payments for this property
Estimated Payment
$6,523.98/mo
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.
164 Fisher Mills Road, 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 $492/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 44 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 4 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.