122 Cedar Street, Cambridge

Price: $499,900

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X12858504

Detached Gem At 122 Cedar Street In Charming West Galt!! 9 Ft Ceilings, Tons Of Natural Light And A Neutral Colour Palette Add To The Bright And Airy Space Including The Roomy Living And Dining Areas, Eat-In Kitchen, Two Bedrooms And Modern Bathroom. The Lower Level Is The Ideal Flex Space Perfect For Fun & Games, Home Office, Guest Space And Storage. Walk-out from the Kitchen To A Fully Fenced Rear Yard - A Perfect Extension To Your Living Space. Walking Distance To The Grand River, Gaslight District And Historic Downtown. Pop Across The Street To Do Your Shopping Faster Than You Can Warm Up The Car! (Sobeys, Shopper's & Timmies). If You Do Want The Car - The Driveway Parks 3. Don't Wait-Book Your Showing Today!

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$499,900 - 122 Cedar Street, Cambridge

Detached for Sale in Cambridge

98 days on market
2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X12858504
Property Type
Detached
Status
active
Days on Site
98
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Cambridge
Listing Brokerage
COLDWELL BANKER ESCARPMENT REALTY
Description

Detached Gem At 122 Cedar Street In Charming West Galt!! 9 Ft Ceilings, Tons Of Natural Light And A Neutral Colour Palette Add To The Bright And Airy Space Including The Roomy Living And Dining Areas, Eat-In Kitchen, Two Bedrooms And Modern Bathroom. The Lower Level Is The Ideal Flex Space Perfect For Fun & Games, Home Office, Guest Space And Storage. Walk-out from the Kitchen To A Fully Fenced Rear Yard - A Perfect Extension To Your Living Space. Walking Distance To The Grand River, Gaslight District And Historic Downtown. Pop Across The Street To Do Your Shopping Faster Than You Can Warm Up The Car! (Sobeys, Shopper's & Timmies). If You Do Want The Car - The Driveway Parks 3. Don't Wait-Book Your Showing Today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

$
$
5%10%50%

5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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

122 Cedar Street, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,942

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 $714/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 98 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    MLS# X12858504 — 122 Cedar Street, Cambridge | Battaglia Team