$779,000 - 87 Houghton Street, Cambridge
Detached for Sale in Cambridge
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- MLS Number
- X13812474
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Cambridge
- Taxes (2026)
- $5,111
- Listing Brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Welcome to 87 Houghton Street - a move-in-ready freshly painted detached home offering over 1,500 sq. ft. of above-grade living space, 3 bedrooms, 3 bathrooms and a finished basement in Cambridge's desirable Hespeler neighbourhood. Enjoy quick access to Highway 401 East and West, making commuting in either direction a breeze. Ideally located close to Jamieson Plaza, St. Elizabeth Catholic School, Woodland Park Public School, and everyday amenities. Step inside to a bright and welcoming open-to-above foyer. This carpet-free home features durable and stylish SPC flooring throughout the main and second floors. The main level offers a spacious living room, functional kitchen with quartz countertop, with adjoining breakfast/dining area, and a convenient powder room.Upstairs, you'll find three well-sized bedrooms and two full bathrooms. The spacious primary bedroom features a walk-in closet and private ensuite with quartz countertop, while two additional good-sized bedrooms share a second full bathroom quartz countertop - a practical layout for families.The finished basement adds valuable living space and features engineered hardwood flooring, making it ideal for a recreation room, home office, gym or play area. Step outside to a fully fenced backyard with a deck . The concrete driveway, completed in 2022, adds both curb appeal and everyday convenience.With its move-in-ready condition, family-friendly layout and exceptional access to Highway 401, schools, shopping and amenities, 87 Houghton Street is a great opportunity for first-time buyers, young families and commuters. Book your private showing now.
Estimate your monthly payments for this property
Estimated Payment
$3,996.67/mo
Includes CMHC insurance ($21,734)
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.
87 Houghton 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 $519/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 15 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 $3,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.