$1,149,999 - 348 Equestrian Way, Cambridge
Detached for Sale in Cambridge
50 days on market- MLS Number
- X13065272
- Property Type
- Detached
- Status
- active
- Days on Site
- 50
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- ROYAL KEY
Welcome to this immaculate 4-bedroom home in the highly sought-after River Mills community. Situated on a premium 152 ft deep lot, this gorgeous and spacious property offers exceptional comfort and style. A beautiful covered porch leads to a welcoming large foyer. The main floor features 9 ft ceilings, hardwood and ceramic flooring, and a bright, open dining area. The spacious family room is enhanced with a built-in gas fireplace and elegant hardwood floors.The home features a modern kitchen with stainless steel appliances, along with a new high qulity washer and dryer and dishwasher. California shutters are installed throughout the home, adding both style and privacy.Upstairs, you'll find a versatile loft space, perfect for a home office or additional living area. Step outside to a big backyard with a large deck, ideal for entertaining and enjoying outdoor living.Conveniently located just minutes from Highway 401, Walmart, shopping centres, and parks. A perfect home for families seeking space, comfort, and convenience.
Estimate your monthly payments for this property
Estimated Payment
$5,086.83/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.
348 Equestrian Way, 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 $460/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 50 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.
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 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 $4,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.