$849,000 - 3 Gledhill Crescent, Cambridge
Townhouse for Sale in Cambridge
- MLS Number
- X13141828
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 25
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- Red And White Realty Inc
Welcome to 3 Gledhill Crescent in Cambridge - an incredible opportunity to own a new (2024) spacious FREEHOLD corner end unit townhouse with NO CONDO FEES and/or no additional maintenance fees! Enjoy all the benefits of townhouse living without the added costs, making this home an exceptional value for buyers looking for space, freedom, and affordability. Instead of waiting years and living in a construction zone, you can have this fully move in ready home today. Offering over 2,300 sq ft of above-grade living space and 9ft ceilings, this well-designed home features 3 generous bedrooms, 3 bathrooms, laundry and a versatile den perfect for a home office, playroom, or additional family space. The countless large windows (each equipped with high end custom window coverings), allow an abundance of natural light to fill your home all day. In addition, this home is extremely efficient and offers low maintenance and lower affordable utility costs. The unfinished basement provides an additional 1,100 sq ft with an upgraded roughed in bathroom and separate entrance through the garage. This allows for the potential of over 3,300 sq ft of total living space once finished - an amazing opportunity to customize and grow into the home for years to come.The bright and functional layout offers spacious principal rooms, plenty of natural light, and room for the whole family. Whether you're entertaining guests, working from home, or simply enjoying everyday life, this home offers the flexibility today's buyers are searching for.Located in a desirable Cambridge neighbourhood, 3 Gledhill Crescent is close to schools, parks, walking trails, shopping, restaurants, and convenient highway access for commuters. This family-friendly location offers the perfect blend of comfort, convenience, and community.Freehold townhomes with this much space and future potential are hard to find - especially without condo fees.
Estimate your monthly payments for this property
Estimated Payment
$4,355.81/mo
Includes CMHC insurance ($23,687)
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 Gledhill Crescent, 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 $425/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 25 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Cambridge have shown strong appreciation as families seek more space.
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 $3,538 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.