$849,000 - 750 Vine Street, Cambridge
Detached for Sale in Cambridge
- MLS Number
- X13608038
- Property Type
- Detached
- Status
- active
- Days on Site
- 28
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- THE AGENCY
This rare, double yellow-brick residence serves as the ultimate testament to craftsmanship. The home retains its historic charm and characterthrough a meticulously preserved exterior, while the interior has undergone a comprehensive restoration. A detached garage is positioned just offthe main house, complemented by a paved driveway that provides ample parking. Inside the home, crown moldings adorn the principal roomswith the warmth of solid maple hardwood flowing throughout, anchoring the three bedrooms and two bathrooms. The kitchen features customcherry cabinetry that provides a contrast to the airy living spaces and the convenience of a main-floor stacked laundry with custom cabinetry andsink. Beyond the home's interior character, the property offers an outdoor lifestyle designed for both relaxation and privacy. The backyard is aWestern Red Cedar fenced-in sanctuary where a composite deck provides the perfect setting for hosting friends and a gorgeous limestone slabwalkway invites you to the historic barn. Originally serving as a 2-stall horse barn at the turn of the 20th century, this structure underwent afive-year restoration. Expertly transformed, offering a custom workshop/double car garage with garage door access onto a convenient lanewayand electric-gated access to additional parking. Upstairs has been converted into a loft space, equipped with a wet bar, Murphy bed and three-piece bathroom, making the space truly multi-use. Further enhancing the home, the utility suite includes an owned, on-demand water heaterand water softener, a reverse osmosis system and central vacuum system. Complemented by durable steel panel roofing on the main residenceand motion-sensor security lighting throughout, every mechanical detail has been thoughtfully updated to provide worry-free living. The story ofthis property is one of constant, loving improvement, resulting in a turnkey residence that requires nothing more than your arrival.
Estimate your monthly payments for this property
Estimated Payment
$4,355.81/mo
Includes CMHC insurance ($23,687)
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.
750 Vine Street, 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 $772/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.
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.
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 $3,538 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.