197 Kribs Street, Cambridge

Price: $699,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13693566

DREAM KITCHEN, SKYLIT DINING & LUSH PRIVACY IN PRIME HESPELER. 197 Kribs Street, a beautifully updated 3+1 bedroom raised bungalow offering over 1,900 sq. ft. of finished living space in the highly sought-after neighbourhood. Set on an exceptional mature lot with sleek modern touches and warm interiors. Crisp pot lighting and updated flooring guide you through an open, sun-filled main level. The heart of the home is the chef-inspired kitchen, meticulously crafted with bright cabinetry and an expansive island featuring seating for family gatherings and casual entertaining. Adjacent to the kitchen, the open living room invites you to unwind beside the glow of a modern fireplace. Steps away, the bright dining room captivates with vaulted ceilings, overhead skylights, and crisp California shutters, creating an airy atmosphere that feels naturally connected to the outdoors. Walk directly out from the dining room onto your covered entertainer's deck, strung with warm bistro lights for magical summer evenings. The sprawling, ultra-private backyard unfolds before you, showcasing tiered gardens cut into the lush hillside and plenty of open lawn for play, pets, or peaceful relaxation. Downstairs, the finished lower level expands your possibilities with a cozy family retreat centered around a classic white-painted brick fireplace (as is) and striking rustic barn doors leading into an additional den-ideal for teens, or a private home office. This lower level features a 4th bedroom, powder room, as well as a separate entrance through the garage. Major updates provide true peace of mind, including most windows replaced 2016, newer roof 2011, furnace and AC new around 2017, and new eavestroughs 2017 & more. Perfectly positioned close to schools, parks, scenic trails, and quick highway access, this Hespeler gem is ready for you to move right in and start making memories.

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active
New Listing
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$699,900 - 197 Kribs Street, Cambridge

Detached for Sale in Cambridge

New — Listed 4 days ago
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13693566
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Cambridge
Listing Brokerage
RE/MAX TWIN CITY FAISAL SUSIWALA REALTY
Description

DREAM KITCHEN, SKYLIT DINING & LUSH PRIVACY IN PRIME HESPELER. 197 Kribs Street, a beautifully updated 3+1 bedroom raised bungalow offering over 1,900 sq. ft. of finished living space in the highly sought-after neighbourhood. Set on an exceptional mature lot with sleek modern touches and warm interiors. Crisp pot lighting and updated flooring guide you through an open, sun-filled main level. The heart of the home is the chef-inspired kitchen, meticulously crafted with bright cabinetry and an expansive island featuring seating for family gatherings and casual entertaining. Adjacent to the kitchen, the open living room invites you to unwind beside the glow of a modern fireplace. Steps away, the bright dining room captivates with vaulted ceilings, overhead skylights, and crisp California shutters, creating an airy atmosphere that feels naturally connected to the outdoors. Walk directly out from the dining room onto your covered entertainer's deck, strung with warm bistro lights for magical summer evenings. The sprawling, ultra-private backyard unfolds before you, showcasing tiered gardens cut into the lush hillside and plenty of open lawn for play, pets, or peaceful relaxation. Downstairs, the finished lower level expands your possibilities with a cozy family retreat centered around a classic white-painted brick fireplace (as is) and striking rustic barn doors leading into an additional den-ideal for teens, or a private home office. This lower level features a 4th bedroom, powder room, as well as a separate entrance through the garage. Major updates provide true peace of mind, including most windows replaced 2016, newer roof 2011, furnace and AC new around 2017, and new eavestroughs 2017 & more. Perfectly positioned close to schools, parks, scenic trails, and quick highway access, this Hespeler gem is ready for you to move right in and start making memories.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

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5%10%50%

5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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

197 Kribs Street, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,558

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

Competitive Pricing

At $636/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Cambridge's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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.

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 $2,916 (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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    197 Kribs Street, Cambridge | $699,900 | Battaglia Team