$579,900 - 51 Sparrow Avenue Unit 96, Cambridge
Condo for Sale in Cambridge
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- MLS Number
- X13851926
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Cambridge
- Taxes (2025)
- $4,536
- Maintenance Fees
- $77/mo
- Locker
- None
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- CORCORAN HORIZON REALTY
Welcome to this modern 3-storey freehold townhome built in 2022 in a family-friendly Cambridge community. Offering 1,734 sq.ft, this home features 3 bedrooms and 3 bathrooms. The ground level offers a versatile flex space, ideal for a home office or recreation room. The second level showcases a bright, open-concept kitchen, dining and living area with granite countertops, stainless steel appliances, a convenient powder room and a walk-out to a private balcony. The upper level features a spacious primary bedroom with a 3 piece ensuite and a walk-in closet, two additional bedrooms, a full bathroom and upper-level laundry. Attached garage plus driveway parking. Close to schools, parks, shopping, transit and quick highway access.
Estimate your monthly payments for this property
Estimated Payment
$2,975.19/mo
Includes CMHC insurance ($16,179)
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.
51 Sparrow Avenue Unit 96, 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 $414/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.
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 $77/month fees should cover building insurance, common elements, and reserve contributions.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 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.
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 $2,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.