$1,100,000 - 287 West River Road, Cambridge
Detached for Sale in Cambridge
- MLS Number
- X13191726
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Cambridge
- Lot Size
- 2 sqft
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Set on an 84ft x 848ft waterfront lot, this beautifully maintained and updated 1925 farmhouse-style home offers a blend of privacy, quiet natural surroundings, and timeless character. Enjoy a private driveway and a peaceful country feel right here in the city. The home features a gorgeous custom kitchen from Timber Barn of St. Jacobs (2016), which includes: stone countertops, a 7-seat island w/ prep sink, a farmhouse sink that overlooks the yard/ river, stainless steel appliances, a panelled Miele dishwasher, a window bench seat, rough-sawn wood features, and polished brass faucets. A large dining area connects to a screened-in porch. Well-sized family room with large windows. The top floor features three bedrooms, one full bathroom, one half bathroom, and a bedroom-level laundry area. Finished basement with L-shaped rec. room, with large windows, a 4-piece bathroom, and a back mud room with a walk-out. The front of the home features a fenced-in area, ideal for pets and children. The property is very private from the road and features a long driveway with a double pad at the top near the road. The backyard goes to the Grand River. The entire lower part of the yard is cleared and usable for sports, planting, or animals - with southern exposure. It's tucked away with privacy from the street. Traffic and visibility up top for aspiring homesteaders/market gardeners. Mature pear, apple, apricot, walnut, and mulberry trees, rhubarb, strawberry, and abundant black raspberry canes. Many flowering trees and shrubs: magnolia, crab apple, catalpa trees, purple & white lilac bushes. Abundant deer and waterfowl linger in the meadow. Chance for an incredible lifestyle opportunity. 1.5 acres on the edge of town with waterfront access to the Grand River. Enjoy canoeing & fishing.Septic 2020,Windows/doors 2014-16,Driveway 2020, Basement 2017
Estimate your monthly payments for this property
Estimated Payment
$4,865.67/mo
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.
287 West River Road, 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
Competitive Pricing
At $733/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 15 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.
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 $4,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.