142 GLENMORRIS Street, Cambridge

Price: $949,000

4 bedrooms, 2 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13432258

Built in 1852, this beautiful granite and limestone home is full of charm, character, and warmth. Situated on a private and tranquil .37-acre lot surrounded by mature trees and many perennials, this home offers a peaceful setting with timeless curb appeal. Inside, you will find pine floors throughout most of the main level. The inviting living room features an operational wood-burning fireplace, creating a cozy space to gather and unwind. The spacious dining room can easily accommodate large dining furniture with plenty of room left for entertaining. The family room offers a warm and comfortable feel, complete with a gas woodstove. The large country-style kitchen is both charming and highly functional, offering excellent workspace and everyday convenience. Main floor laundry adds to the practicality of the home. The upper level has 4 spacious bedrooms with large windows and pine flooring. A rare opportunity to own a historic stone home with character, privacy, and a truly special setting

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active
New Listing
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$949,000 - 142 GLENMORRIS Street, Cambridge

Detached for Sale in Cambridge

New — Listed 2 days ago
4Beds
2Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X13432258
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
2
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Cambridge
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

Built in 1852, this beautiful granite and limestone home is full of charm, character, and warmth. Situated on a private and tranquil .37-acre lot surrounded by mature trees and many perennials, this home offers a peaceful setting with timeless curb appeal. Inside, you will find pine floors throughout most of the main level. The inviting living room features an operational wood-burning fireplace, creating a cozy space to gather and unwind. The spacious dining room can easily accommodate large dining furniture with plenty of room left for entertaining. The family room offers a warm and comfortable feel, complete with a gas woodstove. The large country-style kitchen is both charming and highly functional, offering excellent workspace and everyday convenience. Main floor laundry adds to the practicality of the home. The upper level has 4 spacious bedrooms with large windows and pine flooring. A rare opportunity to own a historic stone home with character, privacy, and a truly special setting

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,868.86/mo

Includes CMHC insurance ($26,477)

$
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5%10%50%

5-yr fixed avg.

Principal: $854,100Interest: $580,081
Mortgage Amount$880,577
Total Interest$580,081
Est. Property Tax$672/mo
Total Cost$1,460,659

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

142 GLENMORRIS Street, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$672
Insurance (est.)-$198
Net Cash Flow+$2,680

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 $380/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Cambridge's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $3,954 (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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