135 Hardcastle Drive Unit 47, Cambridge

Price: $599,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: X12828012

Experience this stunning townhouse, featuring a bright, sun-drenched open-concept kitchen, dining, and great room that flows effortlessly to a private kitchen patio. The thoughtfully designed second floor offers ultimate convenience with a dedicated laundry room and three spacious bedrooms, including a primary retreat boasting a large walk-in closet and a private 4-piece ensuite. A rare and lucrative opportunity awaits in the full walk-out basement, which features a separate entrance, a private deck, and a roughed-in washroom-providing a blank canvas for a in-law suite or a secondary income unit to offset your mortgage. Complete with an attached garage offering direct interior access and a location just minutes from the 401 and scenic trails, this home is the ideal choice for families and savvy investors alike.

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$599,000 - 135 Hardcastle Drive Unit 47, Cambridge

Townhouse for Sale in Cambridge

112 days on market
3Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
X12828012
Property Type
Townhouse
Status
active
Days on Site
112
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Cambridge
Lot Size
1,711 sqft
Listing Brokerage
GREEN HEDGE REALTY INC.
Description

Experience this stunning townhouse, featuring a bright, sun-drenched open-concept kitchen, dining, and great room that flows effortlessly to a private kitchen patio. The thoughtfully designed second floor offers ultimate convenience with a dedicated laundry room and three spacious bedrooms, including a primary retreat boasting a large walk-in closet and a private 4-piece ensuite. A rare and lucrative opportunity awaits in the full walk-out basement, which features a separate entrance, a private deck, and a roughed-in washroom-providing a blank canvas for a in-law suite or a secondary income unit to offset your mortgage. Complete with an attached garage offering direct interior access and a location just minutes from the 401 and scenic trails, this home is the ideal choice for families and savvy investors alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

$
$
5%10%50%

5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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

135 Hardcastle Drive Unit 47, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$2,001

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 $545/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 112 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Cambridge have shown strong appreciation as families seek more space.

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 $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    135 Hardcastle Drive Unit 47, Cambridge | $599,000 | Battaglia Team