199 Gatehouse Drive, Cambridge

Price: $769,900

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13082094

** PRIDE OF OWNERSHIP FOR 24 YEARS ** Well-Maintained Detached Home Located in the Desirable East Galt Community in Cambridge. Featuring a Spacious 2-Car Garage, Separate Living & Family Rooms -> The Upgraded Kitchen Boasts Granite Countertops, Stylish Backsplash, Mostly Stainless Steel Appliances, Freshly Painted Cabinets (April 2026), and a Custom Pantry Complete with a Wine Rack and Ample Storage -> Recent Updates Include a New Roof (2019, Timberline Shingles with 30-Year Warranty), New Furnace (Nov 2024), New Front Door & Screen (2025), Gazebo (Approx. 2018), and Freshly Sealed Driveway (April 2026) -> Upstairs Features 3 Generously Sized Bedrooms and 2 Full Bathrooms, Including a Spacious Primary Bedroom with a 4-Piece Ensuite Bathroom, Walk-In Closet, and an Additional Custom Floor-To-Ceiling Closet with Built-In Organizers -> The Finished Basement Offers Excellent In-Law or Extended Family Potential with 1 Bedroom, a Full 4-Piece Bathroom with Standing Shower, a Large L-Shaped Living/Rec Area, and Additional Storage Space -> Enjoy Outdoor Living in the Fully Fenced Backyard Featuring a Large Deck, Gazebo, Hot Tub, and Storage Shed. Conveniently Located Within Walking Distance to Parks, Elementary and Post-Secondary Schools, FreshCo, Zehrs, and Approximately 20-30 Minutes Drive to Brantford and Paris.

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$769,900 - 199 Gatehouse Drive, Cambridge

Detached for Sale in Cambridge

46 days on market
4Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13082094
Property Type
Detached
Status
active
Days on Site
46
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Cambridge
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

** PRIDE OF OWNERSHIP FOR 24 YEARS ** Well-Maintained Detached Home Located in the Desirable East Galt Community in Cambridge. Featuring a Spacious 2-Car Garage, Separate Living & Family Rooms -> The Upgraded Kitchen Boasts Granite Countertops, Stylish Backsplash, Mostly Stainless Steel Appliances, Freshly Painted Cabinets (April 2026), and a Custom Pantry Complete with a Wine Rack and Ample Storage -> Recent Updates Include a New Roof (2019, Timberline Shingles with 30-Year Warranty), New Furnace (Nov 2024), New Front Door & Screen (2025), Gazebo (Approx. 2018), and Freshly Sealed Driveway (April 2026) -> Upstairs Features 3 Generously Sized Bedrooms and 2 Full Bathrooms, Including a Spacious Primary Bedroom with a 4-Piece Ensuite Bathroom, Walk-In Closet, and an Additional Custom Floor-To-Ceiling Closet with Built-In Organizers -> The Finished Basement Offers Excellent In-Law or Extended Family Potential with 1 Bedroom, a Full 4-Piece Bathroom with Standing Shower, a Large L-Shaped Living/Rec Area, and Additional Storage Space -> Enjoy Outdoor Living in the Fully Fenced Backyard Featuring a Large Deck, Gazebo, Hot Tub, and Storage Shed. Conveniently Located Within Walking Distance to Parks, Elementary and Post-Secondary Schools, FreshCo, Zehrs, and Approximately 20-30 Minutes Drive to Brantford and Paris.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,949.99/mo

Includes CMHC insurance ($21,480)

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5-yr fixed avg.

Principal: $692,910Interest: $470,606
Mortgage Amount$714,390
Total Interest$470,606
Est. Property Tax$545/mo
Total Cost$1,184,996

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

199 Gatehouse Drive, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$545
Insurance (est.)-$160
Net Cash Flow+$2,495

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 $513/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 46 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.

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 4 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 $3,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    199 Gatehouse Drive, Cambridge | $769,900 | Battaglia Team