$699,900 - 1520 Concession Road, Cambridge
Detached for Sale in Cambridge
- MLS Number
- X13141974
- Property Type
- Detached
- Status
- active
- Days on Site
- 30
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- Keller Williams Home Group Realty
Welcome to 1520 Concession Road in Cambridge. This well-maintained bungalow offers exceptional versatility, parking, and recent upgrades. The property features a large double-wide driveway with parking for up to six vehicles and an oversized double-wide, double-deep garage/ workshop with space for up to four cars. The main floor includes a combined living and dining area, three bedrooms, a renovated 4-piece bathroom (2025), and an eat-in kitchen. A sunroom at the rear of the home overlooks the private backyard with an octagon shaped in-ground pool. The fully renovated lower level (2023-2025) provides excellent potential for a duplex or in-law/granny suite. It offers a bedroom with 4-piece ensuite, living room, dining area, and a new kitchen (2025), creating a self-contained space suitable for extended family or rental use. Recent upgrades include pool liner and filtration system (2018), full basement renovation with new framing and stairs (2023), electrical panel replacement with ESA permit (2024), replacement of all underslab plumbing (2024-2025), new insulation, drywall, and ceilings in the basement (2024), basement bathroom (2024), new lower-level kitchen cabinets and counters (2025), updated main-floor bathroom (2025), new vinyl laminate flooring and baseboards throughout (2025), full interior repaint (2025), and rear fence replacement (2025). A unique property offering flexible living options, ample parking, and extensive recent improvements, located close to schools, shopping, and amenities.
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
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.
1520 Concession Road, Cambridge
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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 $636/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 30 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 $2,916 (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.