200 Jamieson Parkway Unit 505, Cambridge

Price: $399,999

2 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: X13082040

Welcome to Unit 505 - a beautifully maintained and thoughtfully designed space offering comfort, functionality, and effortless living.The spacious living room is the heart of the home, perfect for relaxing evenings or gathering with family and friends. Step out onto the covered balcony to enjoy your morning coffee or unwind at the end of the day, all while taking in fresh air with protection from the elements.The kitchen flows seamlessly into a generous dining area, enhanced by large windows that fill the space with natural light-creating an inviting setting for everyday meals or entertaining. Whether you're preparing a quiet dinner or hosting guests, this layout offers both convenience and connection.This unit features two well-appointed bedrooms, including a primary suite spacious enough for a king-sized bed. The second bedroom offers versatility as a guest room, home office, or additional living space to suit your needs Both bedrooms are fitted with oversized closets providing extra storage space . A modern 3-piece bathroom with a walk-in glass shower adds to the home's appeal.Freshly painted in a neutral palette, the unit is move-in ready and provides the perfect canvas to make it your own. An oversized laundry and storage area adds valuable functionality rarely found in condo living.The building itself is exceptionally well cared for, with recently refreshed hallways and common areas. Residents enjoy access to fantastic amenities including a party room, bike storage, and an outdoor pool-perfect for enjoying the summer months.

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$399,999 - 200 Jamieson Parkway Unit 505, Cambridge

Condo for Sale in Cambridge

41 days on market
2Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
X13082040
Property Type
Condo
Status
active
Days on Site
41
Bedrooms
2
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Cambridge
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Welcome to Unit 505 - a beautifully maintained and thoughtfully designed space offering comfort, functionality, and effortless living.The spacious living room is the heart of the home, perfect for relaxing evenings or gathering with family and friends. Step out onto the covered balcony to enjoy your morning coffee or unwind at the end of the day, all while taking in fresh air with protection from the elements.The kitchen flows seamlessly into a generous dining area, enhanced by large windows that fill the space with natural light-creating an inviting setting for everyday meals or entertaining. Whether you're preparing a quiet dinner or hosting guests, this layout offers both convenience and connection.This unit features two well-appointed bedrooms, including a primary suite spacious enough for a king-sized bed. The second bedroom offers versatility as a guest room, home office, or additional living space to suit your needs Both bedrooms are fitted with oversized closets providing extra storage space . A modern 3-piece bathroom with a walk-in glass shower adds to the home's appeal.Freshly painted in a neutral palette, the unit is move-in ready and provides the perfect canvas to make it your own. An oversized laundry and storage area adds valuable functionality rarely found in condo living.The building itself is exceptionally well cared for, with recently refreshed hallways and common areas. Residents enjoy access to fantastic amenities including a party room, bike storage, and an outdoor pool-perfect for enjoying the summer months.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,052.20/mo

Includes CMHC insurance ($11,160)

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5-yr fixed avg.

Principal: $359,999Interest: $244,502
Mortgage Amount$371,159
Total Interest$244,502
Est. Property Tax$283/mo
Total Cost$615,660

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

200 Jamieson Parkway Unit 505, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,329

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 $444/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 41 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    200 Jamieson Parkway Unit 505… — $399,999 | Battaglia Team