23 Maryann Price Lane, Cambridge

Price: $799,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X12972420

Welcome to 23 Maryann Price Lane. This beautifully maintained, move in ready home is located in one of Cambridge's most desirable family friendly neighbourhoods. You will love the convenience of being less than 2 minutes from Highway 401 and just a short walk to great schools, parks, arenas, and everyday amenities like grocery stores, gas stations, and coffee shops. As you step inside, you are greeted by a warm and inviting main floor with hardwood flooring, a functional entryway, an updated powder room, and access to the single car garage. The layout opens into a bright, open concept kitchen featuring stainless steel appliances, updated countertops, a breakfast bar, and plenty of space for a dining table. The living room is filled with natural light thanks to large windows, California shutters, and added pot lights, with a sliding glass door that leads to a fully fenced backyard. The deck offers a great space to relax or entertain. Upstairs, the primary bedroom is spacious and includes renovated his and hers closets along with a cheater ensuite. The 4 piece bathroom features a jacuzzi tub and a separate glass shower. You will also find two additional well sized bedrooms and a convenient upper level laundry room. The fully finished basement adds even more living space with a large recreation room, a cozy gas fireplace, and a 3 piece bathroom, making it perfect for family time or hosting guests. This home has seen a number of thoughtful updates, including newer windows and sliding door, updated insulation, furnace, water softener and filtration system, as well as newer carpet and fresh paint throughout, giving you peace of mind and true move in readiness. This is a home that has been well cared for from top to bottom and is ready for its next owners to move in and enjoy.

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$799,000 - 23 Maryann Price Lane, Cambridge

Detached for Sale in Cambridge

70 days on market
3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X12972420
Property Type
Detached
Status
active
Days on Site
70
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Cambridge
Listing Brokerage
CORCORAN HORIZON REALTY
Description

Welcome to 23 Maryann Price Lane. This beautifully maintained, move in ready home is located in one of Cambridge's most desirable family friendly neighbourhoods. You will love the convenience of being less than 2 minutes from Highway 401 and just a short walk to great schools, parks, arenas, and everyday amenities like grocery stores, gas stations, and coffee shops. As you step inside, you are greeted by a warm and inviting main floor with hardwood flooring, a functional entryway, an updated powder room, and access to the single car garage. The layout opens into a bright, open concept kitchen featuring stainless steel appliances, updated countertops, a breakfast bar, and plenty of space for a dining table. The living room is filled with natural light thanks to large windows, California shutters, and added pot lights, with a sliding glass door that leads to a fully fenced backyard. The deck offers a great space to relax or entertain. Upstairs, the primary bedroom is spacious and includes renovated his and hers closets along with a cheater ensuite. The 4 piece bathroom features a jacuzzi tub and a separate glass shower. You will also find two additional well sized bedrooms and a convenient upper level laundry room. The fully finished basement adds even more living space with a large recreation room, a cozy gas fireplace, and a 3 piece bathroom, making it perfect for family time or hosting guests. This home has seen a number of thoughtful updates, including newer windows and sliding door, updated insulation, furnace, water softener and filtration system, as well as newer carpet and fresh paint throughout, giving you peace of mind and true move in readiness. This is a home that has been well cared for from top to bottom and is ready for its next owners to move in and enjoy.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

$
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5%10%50%

5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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

23 Maryann Price Lane, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$2,068

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 $533/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 70 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    23 Maryann Price Lane, Cambridge | $799,000 | Battaglia Team