$1,125,000 - 111 Hume Drive, Cambridge
Detached for Sale in Cambridge
- MLS Number
- X13199042
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Welcome to this stunning Jeanie Built, Virginia Model - the perfect family home with incredible in-law potential in one of Cambridge's most sought-after neighbourhoods! Situated on a superior lot on a quiet, desirable street, this beautifully maintained home offers over 3,800 sq ft of total finished living space with 5 bedrooms and 4 bathrooms, combining space, functionality, and resort-style living both inside and out. Step inside to a grand spiral staircase and spacious principal rooms designed for family living and entertaining. The walk-out basement offers excellent in-law suite potential, while the backyard is truly your own private oasis featuring an in-ground pool, beautifully landscaped yard, and a newer upper deck where you can enjoy all-day sun. Thoughtful updates include a new back fence (May 2026), added pot lights, newer deck, and updated bathrooms. Conveniently located within walking distance to public and Catholic schools, the library, shopping, and transit, with quick access to the 401 for commuters. A rare opportunity to own a beautiful family home in an unbeatable location!
Estimate your monthly payments for this property
Estimated Payment
$4,976.25/mo
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.
111 Hume Drive, 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 $450/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 16 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Cambridge.
Bathroom Count Matters
With 4 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 $4,688 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.