$625,000 - 150 Strathcona Street, Cambridge
Detached for Sale in Cambridge
36 days on market- MLS Number
- X13129074
- Property Type
- Detached
- Status
- active
- Days on Site
- 36
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- REAL BROKER ONTARIO LTD
Welcome to 150 Strathcona Street - a thoughtfully updated 1.5-storey home tucked into one of Hespeler's most loved neighbourhoods, just steps from Woodland Park and its miles of forested walking trails. Set on a quiet, tree-lined street where homes rarely come available, this property offers the perfect balance of nature, comfort, and commuter convenience. Inside, this charming 2-bedroom home offers over 1,200 sq ft of well-designed living space with tasteful updates completed in 2020, including a renovated kitchen and refreshed main floor. Natural light pours through the oversized picture window in the living room, framing mature trees and creating a calm, welcoming atmosphere. A wood-burning fireplace anchors the living space, while the spacious dining room features a cozy gas fireplace and generous room for entertaining or long family dinners. The functional layout blends warmth and practicality, including the convenience of main floor laundry and flexible living space throughout. The additional lower-level area provides room for a recreation space, home office, gym, storage, or guest retreat depending on your lifestyle needs. Landscaping improvements have also been completed across the property, enhancing both curb appeal and outdoor enjoyment. Set on a mature 46 x 127 ft lot, this home is perfectly positioned close to everything while still feeling tucked away in nature. Forbes Park is just a short walk away with tennis courts, splash pad, playground, winter tobogganing, and community festivals throughout the summer. The Speed River is nearby, while Highway 401 access is only minutes away, making commuting toward Guelph, Kitchener, or Toronto exceptionally convenient. Surrounded by local shops, restaurants, grocery stores, fitness centres, breweries, the public library, and the charm of Hespeler Village, this is a rare opportunity to own a move-in-ready home in a neighbourhood people truly stay for.
Estimate your monthly payments for this property
Estimated Payment
$3,206.57/mo
Includes CMHC insurance ($17,438)
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.
150 Strathcona Street, Cambridge
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Rental income estimator & ROI calculator
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 $568/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 36 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.
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 $2,604 (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.