161 Hedley Street, Cambridge

Price: $499,000

2 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13456378

Welcome to 161 Hedley Street, LARGE - fenced yard. Bright and well-maintained home offering comfort, flexibility, and a great location. This charming property features 2 bedrooms, with the potential to be converted back to a 3-bedroom layout, making it a great option for first-time buyers, downsizers, or investors. The home offers plenty of natural light throughout, a functional layout, and a metal roof for added peace of mind. Outside, enjoy a large fenced backyard, spacious back deck, and convenient carport. Located close to Downtown, transit, amenities, and quick access to the 401, this home is full of opportunity in a convenient Cambridge location.

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active
New Listing
1/34

$499,000 - 161 Hedley Street, Cambridge

Detached for Sale in Cambridge

New — Listed yesterday
2Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13456378
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Cambridge
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

Welcome to 161 Hedley Street, LARGE - fenced yard. Bright and well-maintained home offering comfort, flexibility, and a great location. This charming property features 2 bedrooms, with the potential to be converted back to a 3-bedroom layout, making it a great option for first-time buyers, downsizers, or investors. The home offers plenty of natural light throughout, a functional layout, and a metal roof for added peace of mind. Outside, enjoy a large fenced backyard, spacious back deck, and convenient carport. Located close to Downtown, transit, amenities, and quick access to the 401, this home is full of opportunity in a convenient Cambridge location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

$
$
5%10%50%

5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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

161 Hedley Street, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,943

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 $454/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.

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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    161 Hedley Street, Cambridge | $499,000 | Battaglia Team