$999,900 - 192 Limerick Road, Cambridge
Detached for Sale in Cambridge
105 days on market- MLS Number
- X12629020
- Property Type
- Detached
- Status
- active
- Days on Site
- 105
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Location Location Location......Welcome to Fully Detach Home 2017 Built Corner Lot, Double Car Garage up to 6 car parks including Driveway - Legal Finished Basement Apartment with Separate Entrance. This stunning property features 4+2 bedrooms, 5 bathrooms. Living Space Approximately over 3000 Sqft with legal finished basement. Located in the highly sought of Cambridge Neighborhood. This home offers a perfect blend of luxury and convenience. Master Bedroom W/Ensuite Washroom, Big Windows, and W/I Closet, Spacious Bright Bedrooms With Deep Closets, Big Windows. Laundry Room on Second Floor with Storage area. Jack & Jill washroom for Second and Third Bedrooms, with Extra washroom for Forth Bedroom. Modern Light Fixtures, Generously Sized Living/Dining Room With Family Room. Spacious Backyard With Storage Shed. Plenty Of Room For A Large Family &/Or Extra Rental Income. Mins to downtown Cambridge, parks, trails, and more, making it a true gem in Cambridge's crown jewel of communities. It provides ample outdoor space to complement its luxurious interior with vista's of the escarpment through the large window. Big Windows for Natural Sunlight. Freshly Painted Main Floor (2025) POT Lights Main floor and Basement, Modern Light Fixtures and Zebra Blinds throughout the property. For complete Convenience Two Sets of Sep Laundries Second Floor and Basement. Walkout to Patio with large Backyard. Very Quiet/Friendly Neighborhood, with Best Schools Around, Mins away to Hwy 401, Hwy 8, Kitchener /Waterloo Area Golf Course, Shopping Plaza, Public Transit and Many More.......
Estimate your monthly payments for this property
Estimated Payment
$5,130.01/mo
Includes CMHC insurance ($27,897)
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.
192 Limerick 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 $500/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.
Negotiation Opportunity
At 105 days on site, this property has exceeded the typical selling timeline for Cambridge. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Cambridge.
Bathroom Count Matters
With 5 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 $4,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.