$699,900 - 263 Shepherd Avenue, Cambridge
Detached for Sale in Cambridge
71 days on market- MLS Number
- X13046344
- Property Type
- Detached
- Status
- active
- Days on Site
- 71
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- EXP REALTY
Looking For a Reimagined Victorian Style Gem in the Heart of Hespeler? This Stunning Home Sits on a 134 Ft. Deep Lot and Has Been Completely Transformed From Top to Bottom. Blending Timeless Character with Modern Design in a Way That Truly Sets It Apart. From the Moment you Step Inside you Will Feel the Care Craftsmanship and Pride Poured into Every Detail. Natural Light Fills The Home Creating a Vibrant Atmosphere Throughout While the Skylights Create an Open Airy Feel and the Living Room Fireplace Gives a Feeling of Warmth. The Kitchen and Bathrooms Deliver a Seamless Balance of Style and Functionality that Elevates Everyday Living. The Dining Room Has an Impressive 12-Foot+ Vaulted Ceilings While the Added Wet Bar Makes Entertaining Effortless. A Large Sunroom and Separate Side Mudroom Entrance Add Versatility While the Big Yard Offers Perfect Space For BBQs and Family Activities. A Separate Basement Entrance Provides Future Potential for Additional Living Space. Major Upgrades Bring Peace of Mind with a New Roof in 2024 with a 25-Year Warranty. Updated Electrical and Plumbing and Insulation in 2026 for Efficiency and Comfort. Step Outside to a Beautifully Curated Outdoor Setting Featuring a Wrap-Around Slate Pathway Landscaped Gardens and a Fully Fenced Yard Completed in 2025 That's Ideal for Relaxing or Gatherings. A Six-Car Driveway Offers Ample Parking for Family and Guests. A Rare Heated and Powered 24-Foot Double-Car Detached Shop Adds Incredible Value That's Perfect for Hobbyists and Trades or a Private Workspace with 240V Outlets. Located in a Prime Hespeler Tree Lined Neighbourhood Just Minutes to the 401. Highly Central for Shopping and Minutes away from Great Schools. Offers Excellent Access to Parks for Outdoor Recreation. This Home Offers Unmatched Convenience and Long-Term Value. This is More Than a Home. It's a Complete Lifestyle Upgrade Combining Location with Luxury Upgrades and Versatility in One Exceptional Property.
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
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.
263 Shepherd Avenue, 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 $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.
Negotiation Opportunity
At 71 days on site, this property has exceeded the typical selling timeline for Cambridge. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.