267 Bakersfield Drive, Cambridge

Price: $640,000

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13208948

Spacious 4-level backsplit in desirable East Galt, perfect for growing or multigenerational families! The upper level features 3 generous bedrooms, while the lower levels offer 2 additional rooms with potential for home offices, games rooms, guest accommodations, or flexible family living space to suit your family's needs, along with a spacious family room for even more living space. This versatile home features 2 kitchens, 2 bathrooms, a side entrance into the main home, plus a separate entrance with direct access to the lower levels for added convenience and privacy. Laundry is conveniently located in the lower level, with an additional laundry hookup available on the main floor. Enjoy peace of mind with a new furnace and tankless water heater installed in 2020, plus updated air conditioning in 2024, offering added efficiency and comfort. Situated on an oversized lot with plenty of outdoor space to enjoy, this property is ideally located close to elementary and high schools, parks, shopping, and commuter routes. A fantastic opportunity to own a spacious home with incredible flexibility in a sought-after family-friendly neighbourhood!

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$640,000 - 267 Bakersfield Drive, Cambridge

Detached for Sale in Cambridge

5Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13208948
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Cambridge
Listing Brokerage
Keller Williams Home Group Realty
Description

Spacious 4-level backsplit in desirable East Galt, perfect for growing or multigenerational families! The upper level features 3 generous bedrooms, while the lower levels offer 2 additional rooms with potential for home offices, games rooms, guest accommodations, or flexible family living space to suit your family's needs, along with a spacious family room for even more living space. This versatile home features 2 kitchens, 2 bathrooms, a side entrance into the main home, plus a separate entrance with direct access to the lower levels for added convenience and privacy. Laundry is conveniently located in the lower level, with an additional laundry hookup available on the main floor. Enjoy peace of mind with a new furnace and tankless water heater installed in 2020, plus updated air conditioning in 2024, offering added efficiency and comfort. Situated on an oversized lot with plenty of outdoor space to enjoy, this property is ideally located close to elementary and high schools, parks, shopping, and commuter routes. A fantastic opportunity to own a spacious home with incredible flexibility in a sought-after family-friendly neighbourhood!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,283.53/mo

Includes CMHC insurance ($17,856)

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5-yr fixed avg.

Principal: $576,000Interest: $391,204
Mortgage Amount$593,856
Total Interest$391,204
Est. Property Tax$453/mo
Total Cost$985,060

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

267 Bakersfield Drive, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
5.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$453
Insurance (est.)-$133
Net Cash Flow+$3,014

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 $582/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 16 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.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Cambridge.

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 $2,667 (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.

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    267 Bakersfield Drive, Cambridge — $640,000 | Battaglia Team