$650,000 - 35 Grosvenor Lane, Cambridge
Condo for Sale in Cambridge
- MLS Number
- X13210018
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Cambridge
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Welcome home to 35 Grosvenor Lane, a spacious and beautifully maintained condo townhouse in the heart of Downtown Cambridge. Offering an impressive 2523 sqft of above-grade finished living space across 3 thoughtfully designed levels, this move-in ready home blends thoughtful updates, functionality, and flexible living for today's modern lifestyle. The updated kitchen features stainless steel appliances (2020-2023), ample cabinetry, a walk-in pantry, and a separate eating area with patio door access to a large newly installed deck (2026) - the perfect setup for everyday living and entertaining. With 4 bedrooms and 3.5 bathrooms, including two primary suites complete with their own private ensuites, the layout is ideal for multi-generational living, growing families, guests, or young professionals looking for extra space and privacy. The finished loft space with balcony access adds even more versatility and could easily function as a 5th bedroom, home office, studio, or additional family room. Multiple outdoor spaces, along with a charming private courtyard/garden area, provide the perfect spots to enjoy your morning coffee, unwind at the end of the day, or entertain outdoors. Complete with a double garage and driveway (parking for 4 vehicles total) and newer furnace, AC (both 2021) and HWT (2024), situated just steps from Downtown Cambridge's shops, restaurants, cafés, trails, and riverfront, this home offers spacious low-maintenance living in a vibrant and highly walkable neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$3,334.84/mo
Includes CMHC insurance ($18,135)
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.
35 Grosvenor Lane, 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
Competitive Pricing
At $260/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 15 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.