245 Wesley Boulevard, Cambridge

Price: $799,900

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13078066

Better Than New - Modern Elegance in Heart of Cambridge. Step into 245 Wesley Blvd, a stunning 1800 sq. ft family residence completed in late 2023 that perfectly balances high-end style with move-in-ready convenience. This 4-bedroom, 3-bathroom gem greets you with an airy, open-concept main floor boasting soaring ceilings, rich flooring, and a chef-inspired kitchen upgrade with stainless steel appliances. Upstairs, the home is bathed in natural light through expansive windows, highlighting the generous bedroom layouts and a conveniently located spacious laundry room. Situated just minutes from top-tier schools and major highways, this home also offers a separate side entrance for the possibility of finishing a in-law/granny suite in the basement (rental potential). Additional features include: Recent build (home is less than 3 years old), extended driveway, New appliances with a warranty, Reverse osmosis system, water softener and Carbon filter system. New public school, library and recreation center located near by, New blackout blinds, 9-foot cathedral ceilings, 6ft long custom island with quartz waterfall countertops. 7-year Terrion limited warranty and sump pump. Some photos have been virtually staged.

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$799,900 - 245 Wesley Boulevard, Cambridge

Detached for Sale in Cambridge

46 days on market
4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13078066
Property Type
Detached
Status
active
Days on Site
46
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Cambridge
Lot Size
3,335 sqft
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Better Than New - Modern Elegance in Heart of Cambridge. Step into 245 Wesley Blvd, a stunning 1800 sq. ft family residence completed in late 2023 that perfectly balances high-end style with move-in-ready convenience. This 4-bedroom, 3-bathroom gem greets you with an airy, open-concept main floor boasting soaring ceilings, rich flooring, and a chef-inspired kitchen upgrade with stainless steel appliances. Upstairs, the home is bathed in natural light through expansive windows, highlighting the generous bedroom layouts and a conveniently located spacious laundry room. Situated just minutes from top-tier schools and major highways, this home also offers a separate side entrance for the possibility of finishing a in-law/granny suite in the basement (rental potential). Additional features include: Recent build (home is less than 3 years old), extended driveway, New appliances with a warranty, Reverse osmosis system, water softener and Carbon filter system. New public school, library and recreation center located near by, New blackout blinds, 9-foot cathedral ceilings, 6ft long custom island with quartz waterfall countertops. 7-year Terrion limited warranty and sump pump. Some photos have been virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.90/mo

Includes CMHC insurance ($22,317)

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5-yr fixed avg.

Principal: $719,910Interest: $488,943
Mortgage Amount$742,227
Total Interest$488,943
Est. Property Tax$567/mo
Total Cost$1,231,170

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

245 Wesley Boulevard, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$2,466

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 46 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.

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 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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    245 Wesley Boulevard, Cambridge | $799,900 | Battaglia Team