$599,900 - 21 Cedar Street, Cambridge
Semi-Detached for Sale in Cambridge
New — Listed yesterday- MLS Number
- X13465196
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Welcome to 21 Cedar Street, a beautifully renovated semi-detached bungalow offering the perfect blend of modern updates, functionality, and walkable urban living. Extensively renovated in 2018 with updated electrical and plumbing, this move-in ready home features hardwood flooring throughout, soaring 10-foot ceilings, and a thoughtfully designed layout ideal for first-time buyers, downsizers, or investors. The bright open-concept living space flows seamlessly into the stunning kitchen, complete with butcher block countertops, stainless steel appliances, an oversized centre island, and exceptional cabinet and drawer storage. The main floor offers two spacious bedrooms, including a primary retreat with a private 3-piece ensuite. The partially finished basement provides additional storage space along with a versatile finished room perfect for a home office, hobby room, or potential third bedroom. Situated on a fully fenced lot, the private backyard is complemented by an oversized detached two-car garage with hydro, making it ideal as a workshop, hobby space, or additional storage. Parking for up to five vehicles between the garage and driveway adds exceptional convenience rarely found in this price range. Enjoy an unbeatable location less than a 5-minute walk to the Grand River, scenic walking trails, and Cambridge's vibrant Gaslight District, offering restaurants, entertainment, events, and waterfront amenities right at your doorstep. With updated windows (2017), extensive renovations, and an exceptional combination of charm, convenience, and versatility, this turnkey property is ready to welcome its next owner.
Estimate your monthly payments for this property
Estimated Payment
$3,077.80/mo
Includes CMHC insurance ($16,737)
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.
21 Cedar Street, 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
Fair Market Value
At $857/sqft, this property is priced in line with current Cambridge market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Efficient Living
At 700 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.
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 $2,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.