$1,799,000 - 20 Grandy Lane, Cambridge
Detached for Sale in Cambridge
101 days on market- MLS Number
- X12845250
- Property Type
- Detached
- Status
- active
- Days on Site
- 101
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Cambridge
- Lot Size
- 1 sqft
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
RARE OPPORTUNITY! Custom built raised bungalow on a 1.04-acre lot, offering court location surrounded by protected greenspace. This exclusive, 10 estate court rarely has homes come up for sale and 20 Grandy lane is one that takes full advantage of the natural features, completely backing onto mature forest with direct access to Millcreek conservation land. The home features a stunning all stone exterior with a beautiful retaining wall and carefully set natural stone steps, leading to the front door. The main level layout is wide open with large windows, designed to overlook the backyard from anywhere within the open space and providing access to the elevated multi-level deck completed with composite decking and glass rails. A rich, maple raised panel kitchen sits central with an oversized quartz countertop and raised bar sitting area; elegant crown molding finishes the cabinets to the ceiling with built-in stainless-steel appliances, gas cooktop. Equal in elegance is the built-in family room wall unit featuring gas fireplace insert. A three-sided fireplace separates the dining room from a sunken sitting area providing for an elevated view of the backyard; coffered ceiling accents and hardwood flooring span the space. Completing the space is a large bedroom, laundry, 2-piece bathroom, and the primary suite, complete with walk in closet and recently renovated(2023) 5-piece spa like ensuite. A hardwood staircase leads to the lower level which is still completely above grade; the home was strategically placed to take full advantage of the walkout. Lower level gives access to the oversized, staggered double car garage. Perfectly suited as a multi-generational home, offering three bedrooms, a recently renovated (2023) 4-piece bathroom, recreation room with gas fireplace, and kitchenette along with wet bar. Roof(2024), Additional oversized garden shed for equipment storage. Minutes from the 401, amenities, and schools. Don't miss this truly beautiful property!
Estimate your monthly payments for this property
Estimated Payment
$7,957.58/mo
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.
20 Grandy Lane, 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 $600/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 101 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 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 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.