$588,888 - 405 Myers Road Unit 74, Cambridge
Condo for Sale in Cambridge
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- MLS Number
- X13763616
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Cambridge
- Taxes (2025)
- $3,260
- Maintenance Fees
- $251/mo
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- CENTURY 21 PERCY FULTON LTD.
Welcome to 405 Myers Road, where contemporary style meets everyday comfort in one of Cambridge's desirable communities. This bright and inviting townhouse is filled with natural light, creating an open and welcoming atmosphere from the moment you step inside. One of the home's most appealing features is its peaceful setting, backing onto lush greenspace and walking trails. Both private balconies overlook the natural landscape, providing the perfect place to enjoy your morning coffee, relax after a long day, or simply take in the tranquil surroundings. Designed with modern living in mind, the open-concept main floor seamlessly connects the kitchen, dining, and living areas, making it ideal for entertaining or spending time with family. The stylish kitchen features stainless steel appliances, attractive countertops, generous cabinet space, and a large centre island with pendant lighting that serves as both a functional workspace and a gathering spot. The well-appointed bathrooms showcase contemporary finishes that complement the home's clean, modern design. Spacious bedrooms provide comfort and flexibility, while the primary suite includes a private ensuite complete with a glass walk-in shower. Additional conveniences include in-suite laundry and a dedicated parking space. Located close to schools, parks, shopping, restaurants, and everyday amenities, this home offers the perfect balance of convenience, comfort, and scenic surroundings. Whether you're a first-time buyer, downsizer, or investor, 405 Myers Road is an exceptional opportunity to enjoy low-maintenance living in a beautiful natural setting.
Estimate your monthly payments for this property
Estimated Payment
$3,021.30/mo
Includes CMHC insurance ($16,430)
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.
405 Myers Road Unit 74, 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 $589/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 28 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $251/month fees should cover building insurance, common elements, and reserve contributions.
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 $2,454 (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.