$948,888 - 3 Alona Avenue, Cambridge
Detached for Sale in Cambridge
New — Listed yesterday- MLS Number
- X13454764
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- ROYAL LEPAGE WOLLE REALTY
This EXCEPTIONAL 3 BED, 2.5 BATH RESIDENCE is nestled in one of Hespeler's MOST COVETED NEIGHBOURHOODS on a landscaped 0.16-acre corner lot. This UPDATED HOME offers PRIDE OF OWNERSHIP THROUGHOUT. Inside, a stunning CHEF-INSPIRED KITCHEN w/white cabinetry accented by elegant gold hardware, quartz countertops, a spacious centre island w/built-in storage & microwave niche, a double farmhouse sink, honeycomb tile backsplash, reverse osmosis system, & updated appliances including a fridge (2023) and dishwasher (2024). The adjacent DINING AREA is ideal for family gatherings and entertaining alike. A warm and inviting family room anchored by a gas fireplace w/custom built-in cabinetry, & a SEPARATE LIVING ROOM is found here. An updated powder room and stylish flooring complete this thoughtfully designed level. Upstairs, RETREAT TO THE SPACIOUS PRIMARY SUITE featuring custom built-in wardrobes, a walk-in closet, and a beautifully renovated ensuite bathroom. Two additional bedrooms and an updated five-piece main bath with double sinks and generous storage found here. ELEGANT WAINSCOTING DETAILS and carpet-free flooring throughout. The FINISHED LOWER LEVEL extends your living space 2 expansive recreation areas & an electric fireplace, custom built-ins. An ADDITIONAL ROOM offers the perfect setting for a home office, hobby room, or children's playroom, along w/bathroom rough-in for future potential. Step outside to the landscaped and designed space for outdoor enjoyment, w/stone patio, illuminated gazebo, SEPARATE DECK W/ADDITIONAL GAZEBO, hot tub, and storage shed. Additional updates include a furnace and humidifier (2022), AC (2022), water softener (2016), roof (2014), and updated windows (2010-2012). Ideally located within walking distance to both Public and Catholic schools, parks, and neighbourhood amenities, shopping, restaurants, and Highway 401, the perfect combination of convenience, comfort, and lifestyle. 2 lower floor rooms virtually staged
Estimate your monthly payments for this property
Estimated Payment
$4,868.29/mo
Includes CMHC insurance ($26,474)
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.
3 Alona Avenue, 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 $633/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Cambridge's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $3,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.