$1,034,900 - 339 Kerwood Drive, Cambridge
Detached for Sale in Cambridge
New — Listed 4 days ago- MLS Number
- X13443160
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Cambridge
- Lot Size
- 9,203 sqft
- Listing Brokerage
- THE CANADIAN HOME REALTY INC.
Some homes check boxes. 339 Kerwood Drive checks them all - and then gives you a saltwater pool, a legal income suite, and over 9,200 square feet of corner lot to enjoy while you're at it. Nearly 2,700 sq ft of total finished living space across two fully finished levels. Tucked in the heart of Hespeler Village, this beautifully maintained stone and vinyl bungalow offers something increasingly rare in today's market - the freedom to own well. The city-approved legal basement suite currently generates $1,680 every month, meaningfully offsetting your carrying costs and making this one of the most financially intelligent ownership opportunities in Hespeler today. The main floor features an open-concept living, dining, and breakfast area with a vaulted ceiling that fills natural light, and a modern kitchen with stainless steel appliances. Three spacious bedrooms include a primary suite with a built-in closet, a walk-in closet, and a private 3-piece ensuite, designed for comfortable, one-floor living without stairs. Outside, the property transforms into a resort-like space. A multi-level deck leads down to a sparkling gas-heated saltwater pool. A large gazebo with string lighting serves as an outdoor living room, ideal for quiet evenings or summer gatherings. The yard includes a dedicated BBQ platform with a natural gas hookup, a kids' play area, two storage sheds, and a fully fenced private yard -perfect for every family member. The legally registered basement, redesigned and approved in 2024, is split into two distinct wings. The rental suite has a private entrance, in-suite laundry, and full appliances, currently tenanted with flexible arrangements. The owner's wing features a private studio space with a rec room, office, wet bar, walk-in closet, and 3-piece ensuite -suitable for extended family, a home office, or a personal retreat. When the day calls you back to the world, Highway 401 is under a minute away. Schools, the Hespeler Memorial Arena, parks & trails.
Estimate your monthly payments for this property
Estimated Payment
$4,577.71/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.
339 Kerwood Drive, Cambridge
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Rental income estimator & ROI calculator
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
Fair Market Value
At $941/sqft, this property is priced in line with current Cambridge market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Cambridge. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 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 $4,312 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.