617 Trico Drive, Cambridge

Price: $799,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X12861588

Set on a quiet and family-friendly street in Cambridge, this thoughtfully maintained raised bungalow delivers 1,252 sq ft of bright above-grade living. The smart and functional layout lives larger than the square footage suggests. Step inside to a sun-filled open concept living and dining room, where rich hardwood floors and a walkout to the rear deck set the stage for everything from quiet weeknights to weekend entertaining. The eat-in kitchen anchors the space with timeless oak cabinetry and a cozy nook perfect for morning coffee. Three bedrooms grace the main floor, including a private primary suite with hardwood flooring and a beautifully updated 4-piece ensuite, complemented by a second full bathroom serving the remaining bedrooms. Downstairs, the partially finished lower level extends your living options with a spacious rec room and a fourth bedroom or den, ideal for hosting guests, carving out a home office, or accommodating a growing family. Outside, a generous 59.05 x 98.42 ft lot and a wide concrete double driveway provide ample room for vehicles, play, and outdoor enjoyment. Behind the scenes, the home has been carefully cared for, with major updates including a 2022 heat pump, 200 amp electrical service, a 2014 roof, and an owned water softener. These are peace-of-mind essentials already taken care of. Move-in ready, well-located, and full of potential, this is a home where comfort meets opportunity.

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$799,900 - 617 Trico Drive, Cambridge

Detached for Sale in Cambridge

120 days on market
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X12861588
Property Type
Detached
Status
active
Days on Site
120
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Cambridge
Listing Brokerage
iCloud Realty Ltd.
Description

Set on a quiet and family-friendly street in Cambridge, this thoughtfully maintained raised bungalow delivers 1,252 sq ft of bright above-grade living. The smart and functional layout lives larger than the square footage suggests. Step inside to a sun-filled open concept living and dining room, where rich hardwood floors and a walkout to the rear deck set the stage for everything from quiet weeknights to weekend entertaining. The eat-in kitchen anchors the space with timeless oak cabinetry and a cozy nook perfect for morning coffee. Three bedrooms grace the main floor, including a private primary suite with hardwood flooring and a beautifully updated 4-piece ensuite, complemented by a second full bathroom serving the remaining bedrooms. Downstairs, the partially finished lower level extends your living options with a spacious rec room and a fourth bedroom or den, ideal for hosting guests, carving out a home office, or accommodating a growing family. Outside, a generous 59.05 x 98.42 ft lot and a wide concrete double driveway provide ample room for vehicles, play, and outdoor enjoyment. Behind the scenes, the home has been carefully cared for, with major updates including a 2022 heat pump, 200 amp electrical service, a 2014 roof, and an owned water softener. These are peace-of-mind essentials already taken care of. Move-in ready, well-located, and full of potential, this is a home where comfort meets opportunity.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.90/mo

Includes CMHC insurance ($22,317)

$
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5%10%50%

5-yr fixed avg.

Principal: $719,910Interest: $488,943
Mortgage Amount$742,227
Total Interest$488,943
Est. Property Tax$567/mo
Total Cost$1,231,170

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

617 Trico Drive, 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)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$2,466

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 $727/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 120 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.

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 $3,333 (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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    617 Trico Drive, Cambridge | $799,900 | Battaglia Team