$470,000 - 766 Walter Street Unit I, Cambridge
Condo for Sale in Cambridge
- MLS Number
- X13633316
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Cambridge
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
Welcome to this beautifully renovated, light-filled townhouse where comfort, style, and affordability come together. Offering 3 spacious bedrooms, 2 full bathrooms, and a functional layout, this move-in-ready home is perfect for first-time buyers, growing families, or savvy investors.Every space has been thoughtfully updated and meticulously maintained, allowing you to move in with complete confidence. From the modernized kitchen and bathrooms to the well-maintained mechanical systems and living areas, everything is in excellent working condition-simply unpack and start enjoying your new home.The finished basement with a full bathroom adds valuable living space, making it ideal for a family room, home office, guest suite, or multi-generational living.One of the home's standout features is the private, cozy backyard, a welcoming outdoor retreat perfect for morning coffee, summer BBQs, or relaxing after a busy day. It's a space you'll enjoy year-round.The property includes one owned parking space, with the option to rent a second parking space through the condominium for approximately $70 per month.Ideally located in the desirable Lang's Farm neighbourhood, you'll enjoy quick access to Highway 401, making commuting to Kitchener, Waterloo, Guelph, Milton, and the GTA easy. You're just minutes from Conestoga College - Cambridge Campus, Cambridge Centre, grocery stores, restaurants, parks, walking trails, community centres, schools, public transit, and everyday amenities. This prime location offers an exceptional lifestyle for families, students, professionals, and investors alike.If you're currently renting, this is an opportunity to start building equity instead of paying someone else's mortgage. Don't miss your chance to own a beautifully updated, move-in-ready home in one of Cambridge's most convenient and family-friendly communities.
Estimate your monthly payments for this property
Estimated Payment
$2,411.34/mo
Includes CMHC insurance ($13,113)
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.
766 Walter Street Unit I, Cambridge
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $470/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 20 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. We'll want to verify the monthly fees and what they include.
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.
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.