155 Equestrian Way Unit Unit 33, Cambridge

Price: $599,000

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: X13145186

Welcome to this brand new, never-lived-in 3-bedroom, 3-bathroom townhome located in the highly sought-after River Mill community of Cambridge. Thoughtfully designed with modern finishes and a bright, functional layout, this stylish home is perfect for first-time buyers, growing families, or investors seeking exceptional value in a growing neighbourhood. Enjoy added peace of mind with full Tarion Warranty coverage. Step inside to discover an open-concept living and dining area filled with natural light, complemented by a contemporary kitchen designed for both everyday living and effortless entertaining. The spacious bedrooms offer flexibility for family life, guests, or a home office setup, while the private balcony provides the perfect place to relax and unwind. Nestled in a vibrant, family-friendly community surrounded by scenic walking trails, parks, and green space near the Grand River, this home offers the ideal balance of nature and convenience, with easy access to schools, shopping, restaurants, transit, and Highway 401. Whether you're looking for your next home or a fantastic investment opportunity, this move-in-ready townhome delivers modern living in one of Cambridge's fastest-growing communities.

155 Equestrian Way Unit Unit 33 - Townhouse photo 1 of 21 in Cambridge, Ontario
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$599,000 - 155 Equestrian Way Unit Unit 33, Cambridge

Townhouse for Sale in Cambridge

4Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
X13145186
Property Type
Townhouse
Status
active
Days on Site
25
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Cambridge
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Welcome to this brand new, never-lived-in 3-bedroom, 3-bathroom townhome located in the highly sought-after River Mill community of Cambridge. Thoughtfully designed with modern finishes and a bright, functional layout, this stylish home is perfect for first-time buyers, growing families, or investors seeking exceptional value in a growing neighbourhood. Enjoy added peace of mind with full Tarion Warranty coverage. Step inside to discover an open-concept living and dining area filled with natural light, complemented by a contemporary kitchen designed for both everyday living and effortless entertaining. The spacious bedrooms offer flexibility for family life, guests, or a home office setup, while the private balcony provides the perfect place to relax and unwind. Nestled in a vibrant, family-friendly community surrounded by scenic walking trails, parks, and green space near the Grand River, this home offers the ideal balance of nature and convenience, with easy access to schools, shopping, restaurants, transit, and Highway 401. Whether you're looking for your next home or a fantastic investment opportunity, this move-in-ready townhome delivers modern living in one of Cambridge's fastest-growing communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

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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

155 Equestrian Way Unit Unit 33, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$2,531

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 $399/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 25 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.

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.

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.

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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    155 Equestrian Way Unit Unit 33… — $599,000 | Battaglia Team