$745,000 - 324 Equestrian Way Unit 78, Cambridge
Townhouse for Sale in Cambridge
95 days on market- MLS Number
- X12888248
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 95
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Cambridge
- Lot Size
- 1,944 sqft
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Welcome to Free hold town houses, where sophistication meets comfort in the heart of Cambridge! This exquisite 3-bedroom, 2.5-bathroom townhouse offers 1800 sq. ft. of open-concept living space, designed to impress and provide the perfect balance of style and functionality. From the moment you step inside, you're embraced by luxury vinyl plank floors, seamlessly flowing into gorgeous hardwood stairs design that exudes modern elegance. The great room steals the show, setting the stage for unforgettable gatherings. Your chef-inspired kitchen is nothing short of perfection, boasting all-white quartz countertops, a farmhouse stainless steel sink that harmonizes beautifully with custom lighting fixtures. Whether you're hosting guests or preparing meals for loved ones, this space is designed to make every moment special. Upstairs, your private sanctuary awaits. The primary bedroom is a true retreat, featuring a spacious walk-in closet and an oversized spa-like bathroom complete with a glass-enclosed shower and a freestanding soaking tub perfect for unwinding after a long day. Natural light pours into every corner of the home, offering breathtaking sunrise and sunset views that elevate your everyday living experience. Nestled in a highly desirable neighborhood, you're steps away from scenic walking trails and a large park right across the street. Plus, quick access to the highway means shopping, dining, and top-rated schools. This is truly an ideal location for anyone looking to call Cambridge home.
Estimate your monthly payments for this property
Estimated Payment
$3,822.24/mo
Includes CMHC insurance ($20,786)
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.
324 Equestrian Way Unit 78, 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 $497/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.
Negotiation Opportunity
At 95 days on site, this property has exceeded the typical selling timeline for Cambridge. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 $3,104 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.