24 Park Avenue, Cambridge

Price: $2,200,000

4 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: X13043520

FROM 1888 WITH LOVE-IN THE HEART OF WEST GALT. Step into a masterpiece of 19th-century architecture and 21st-century luxury at 24 Park Avenue, a double-brick 1888 home that commands attention from its prestigious double lot overlooking the verdant canopy of Dickson Park. This is not just a residence but a sensory experience, having undergone a total down-to-the-studs transformation in 2022 by RVC Interiors to marry historic soul with avant-garde sophistication. The journey begins on the new IPE wood wraparound porch and leads into a sanctuary of light and warmth, where brand-new Andersen windows frame views of the Grand River and fresh hardwood floors stretch across an expansive layout. Comfort is felt in every step with radiant in-floor heating flowing through the main entrances, family room, kitchen, and every designer bathroom. The kitchen is a culinary tour de force, anchored by a massive waterfall island and outfitted with a commercial-grade oven, warming drawer, and integrated beverage center for the ultimate host. Retreat to the principal suite, a breathtaking volume of space defined by soaring ceilings, exposed beams, and a bespoke dressing room that leads to a spa-inspired ensuite featuring a private 6-person sauna and a classic clawfoot tub. The luxury extends to the upper-level loft, where herringbone floors, a marble-clad fireplace & stunning bathroom create a private world for guests. Outside, the estate functions as a private compound with manicured lawns and professional lighting that illuminate the new fencing and gates. The detached carriage house is a marvel of its own, spray-foam insulated, heated by natural gas, EV charger, offering an oversized 2-car garage below & a mezzanine flex space above, complete with its own fireplace, perfect for a secluded home office or gym. With room for 10-car parking and situated just steps from the historic shops and upscale dining of West Galt, this estate represents the pinnacle of refined living in the region.

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active
1/50

$2,200,000 - 24 Park Avenue, Cambridge

Detached for Sale in Cambridge

50 days on market
4Beds
4Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
X13043520
Property Type
Detached
Status
active
Days on Site
50
Bedrooms
4
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Cambridge
Listing Brokerage
RE/MAX TWIN CITY FAISAL SUSIWALA REALTY
Description

FROM 1888 WITH LOVE-IN THE HEART OF WEST GALT. Step into a masterpiece of 19th-century architecture and 21st-century luxury at 24 Park Avenue, a double-brick 1888 home that commands attention from its prestigious double lot overlooking the verdant canopy of Dickson Park. This is not just a residence but a sensory experience, having undergone a total down-to-the-studs transformation in 2022 by RVC Interiors to marry historic soul with avant-garde sophistication. The journey begins on the new IPE wood wraparound porch and leads into a sanctuary of light and warmth, where brand-new Andersen windows frame views of the Grand River and fresh hardwood floors stretch across an expansive layout. Comfort is felt in every step with radiant in-floor heating flowing through the main entrances, family room, kitchen, and every designer bathroom. The kitchen is a culinary tour de force, anchored by a massive waterfall island and outfitted with a commercial-grade oven, warming drawer, and integrated beverage center for the ultimate host. Retreat to the principal suite, a breathtaking volume of space defined by soaring ceilings, exposed beams, and a bespoke dressing room that leads to a spa-inspired ensuite featuring a private 6-person sauna and a classic clawfoot tub. The luxury extends to the upper-level loft, where herringbone floors, a marble-clad fireplace & stunning bathroom create a private world for guests. Outside, the estate functions as a private compound with manicured lawns and professional lighting that illuminate the new fencing and gates. The detached carriage house is a marvel of its own, spray-foam insulated, heated by natural gas, EV charger, offering an oversized 2-car garage below & a mezzanine flex space above, complete with its own fireplace, perfect for a secluded home office or gym. With room for 10-car parking and situated just steps from the historic shops and upscale dining of West Galt, this estate represents the pinnacle of refined living in the region.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,731.34/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,760,000Interest: $1,159,403
Mortgage Amount$1,760,000
Total Interest$1,159,403
Est. Property Tax$1,558/mo
Total Cost$2,919,403

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

24 Park Avenue, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$1,558
Insurance (est.)-$458
Net Cash Flow+$2,034

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 $629/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 50 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 3,500 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.

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.

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