$749,899 - 37 Fifth Avenue, Cambridge
Detached for Sale in Cambridge
Popular Listing- MLS Number
- X13675314
- Property Type
- Detached
- Status
- active
- Days on Site
- 10
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Welcome to 37 Fifth Avenue, a beautifully updated 2+2 bedroom bungalow tucked away on a quiet dead-end street in an established Cambridge neighbourhood close to schools, parks, trails and everyday amenities. Set on an impressive 62 x 115 ft lot, this distinctive home offers approximately 1,900 sq. ft. of finished living space and a warm, organic style you won't find everywhere.Step inside to a bright, open-concept main floor filled with natural light, hardwood flooring and thoughtful architectural details. The spacious kitchen features streamlined white cabinetry, bamboo countertops, a chef-style sink, hidden appliances and an oversized breakfast bar-perfect for casual dining and entertaining. The adjoining dining and living areas offer generous gathering space, large windows and French doors leading to the deck and private, fenced backyard.Two comfortable bedrooms and an updated four-piece bathroom complete the main level. Downstairs, the finished lower level adds two versatile rooms that can function as additional bedrooms, a home office, gym or hobby space, along with a family room, two-piece bathroom, laundry and storage.Outside, enjoy landscaped grounds, front and rear decks, mature greenery and parking for four vehicles. The oversized, fully insulated attached garage provides excellent space for parking, a workshop, fitness equipment or additional storage.Additional highlights include a newer furnace, central air, updated wiring, plumbing extending to the road, an owned water softener, pot lights throughout and carpet-free living. Stylish, functional and move-in ready-37 Fifth Avenue offers flexible living space, an exceptional lot and a peaceful location with very little through traffic.
Estimate your monthly payments for this property
Estimated Payment
$3,847.37/mo
Includes CMHC insurance ($20,922)
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.
37 Fifth 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
Fair Market Value
At $1071/sqft, this property is priced in line with current Cambridge market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $3,125 (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.