1338 ELEANOR Avenue, Cambridge

Price: $749,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13082470

All-brick bungalow on 65 ft wide lot nestled on a quiet, mature street in one of Preston's most desirable neighbourhoods. This well-maintained home is finished top to bottom and offers the perfect blend of comfort, functionality, and lifestyle. Step inside to a bright, open-concept kitchen and dining area, ideal for everyday living and entertaining. The spacious living room is filled with natural light, creating a warm and inviting atmosphere. The main level features three generously sized bedrooms, perfect for families or those looking for extra space. California Shutters throughout the home. Walk out from the dining area to your private, fully fenced backyard oasis, complete with a 16' x 32' inground pool with a new liner and hot tub, just in time for summer enjoyment. The finished basement adds incredible versatility with a fourth bedroom, a large recreation room, ample storage, and a separate side entrance, offering excellent potential for an in-law suite or future income opportunity. Additional features include a covered carport and a large driveway with plenty of parking. Located just minutes from shopping, schools, parks, and with quick access to Highway 401, this home checks all the boxes for convenience and lifestyle. A fantastic opportunity in a sought-after Preston location-don't miss it!

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$749,900 - 1338 ELEANOR Avenue, Cambridge

Detached for Sale in Cambridge

44 days on market
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13082470
Property Type
Detached
Status
active
Days on Site
44
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Cambridge
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

All-brick bungalow on 65 ft wide lot nestled on a quiet, mature street in one of Preston's most desirable neighbourhoods. This well-maintained home is finished top to bottom and offers the perfect blend of comfort, functionality, and lifestyle. Step inside to a bright, open-concept kitchen and dining area, ideal for everyday living and entertaining. The spacious living room is filled with natural light, creating a warm and inviting atmosphere. The main level features three generously sized bedrooms, perfect for families or those looking for extra space. California Shutters throughout the home. Walk out from the dining area to your private, fully fenced backyard oasis, complete with a 16' x 32' inground pool with a new liner and hot tub, just in time for summer enjoyment. The finished basement adds incredible versatility with a fourth bedroom, a large recreation room, ample storage, and a separate side entrance, offering excellent potential for an in-law suite or future income opportunity. Additional features include a covered carport and a large driveway with plenty of parking. Located just minutes from shopping, schools, parks, and with quick access to Highway 401, this home checks all the boxes for convenience and lifestyle. A fantastic opportunity in a sought-after Preston location-don't miss it!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,847.38/mo

Includes CMHC insurance ($20,922)

$
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5%10%50%

5-yr fixed avg.

Principal: $674,910Interest: $458,381
Mortgage Amount$695,832
Total Interest$458,381
Est. Property Tax$531/mo
Total Cost$1,154,213

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

1338 ELEANOR Avenue, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$2,513

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 $682/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 44 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Cambridge. Good resale value as demand remains consistent.

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 $3,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    1338 ELEANOR Avenue, Cambridge | $749,900 | Battaglia Team