$865,000 - 31 Adler Drive, Cambridge
Detached for Sale in Cambridge
- MLS Number
- X13168952
- Property Type
- Detached
- Status
- active
- Days on Site
- 19
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- RE/MAX Solid Gold Realty (II) Ltd
Welcome to this modern 5-bedroom family home offering generous, functional living space in a fantastic Hespeler location. With numerous updates throughout and just minutes from Highway 401 and historic downtown Hespeler, this home is ideal for large families or those seeking a multi-generational living setup. The double-car garage is complemented by parking for three additional vehicles side-by-side on the concrete driveway, while the L-shaped front porch provides a charming outdoor seating area. Inside, a welcoming formal entryway features a front hall closet and convenient access to the garage, leading into the bright living and formal dining rooms, complete with hardwood flooring. The updated eat-in kitchen features quartz countertops, a subway tile backsplash, and stainless steel appliances and flows seamlessly into the spacious family room with a cozy gas fireplace and walkout access to the backyard deck. A convenient powder room completes the main level. Upstairs, you'll find an open den area-perfect for a home office or lounge space-along with a convenient second-floor laundry area. The spacious primary bedroom features a large walk-in closet and cheater ensuite access to the main 4-piece bathroom. Two additional well-sized bedrooms complete this level. The fully finished basement adds incredible versatility, offering two rec-room areas, two additional bedrooms, an updated 3-piece bathroom, and a cold room. A rough-in for a wet bar or kitchenette provides even more flexibility for extended family living or entertaining. Located close to St. Elizabeth and Woodland Park Schools, community arena as well as shopping and everyday amenities. This neighborhood truly embodies family friendly living, with exciting park upgrades and multi-sport court planned across the street for 2026-making this an ideal place for families to grow, gather, and enjoy the community offerings. Updates: Fridge '26, Stove'24, Windows'24-'25 (approx $20,000 spent), Insulation '21
Estimate your monthly payments for this property
Estimated Payment
$4,437.90/mo
Includes CMHC insurance ($24,134)
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.
31 Adler Drive, 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 $577/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 19 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.
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 $3,604 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.