355 Fisher Mills Road Unit 43, Cambridge

Price: $630,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X12779794

~OPEN HOUSE - SATURDAY, FEBRUARY 28th & SUNDAY, MARCH 1st, 2:00 - 4:00 PM~ Welcome to 43-355 Fisher Mills Road in Cambridge - a beautifully renovated townhome offering exceptional convenience, low-maintenance living, and effortless flow throughout. The bright and inviting main living area offers a thoughtful layout which immediately stands out. The space flows seamlessly from living to dining to kitchen, with a powder room included creating a connected and comfortable environment that feels warm and inviting. The interior has been extensively updated and is turnkey for it's new family. Wide-plank modern vinyl flooring runs consistently throughout the home - including both staircases. The entire space has been freshly painted in a neutral tone, trim included. The kitchen and bathrooms feature quartz countertops, & the kitchen offers brand new stainless steel appliances. This is truly a move-in ready property with nothing left to update. Sliding doors off the kitchen lead to the deck, extending your living space outdoors and offering an ideal spot for morning coffee or relaxed evenings. As a common element condominium, this home benefits from low condo fees that contribute to the maintenance of shared areas such as roadways, landscaping, and snow removal - providing the convenience of managed upkeep while maintaining the feel of home ownership. If you've been searching for a turnkey property with modern finishes, excellent commuter access, and a layout that simply works, this one deserves your attention.

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$630,000 - 355 Fisher Mills Road Unit 43, Cambridge

Condo for Sale in Cambridge

115 days on market
3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X12779794
Property Type
Condo
Status
active
Days on Site
115
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Cambridge
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

~OPEN HOUSE - SATURDAY, FEBRUARY 28th & SUNDAY, MARCH 1st, 2:00 - 4:00 PM~ Welcome to 43-355 Fisher Mills Road in Cambridge - a beautifully renovated townhome offering exceptional convenience, low-maintenance living, and effortless flow throughout. The bright and inviting main living area offers a thoughtful layout which immediately stands out. The space flows seamlessly from living to dining to kitchen, with a powder room included creating a connected and comfortable environment that feels warm and inviting. The interior has been extensively updated and is turnkey for it's new family. Wide-plank modern vinyl flooring runs consistently throughout the home - including both staircases. The entire space has been freshly painted in a neutral tone, trim included. The kitchen and bathrooms feature quartz countertops, & the kitchen offers brand new stainless steel appliances. This is truly a move-in ready property with nothing left to update. Sliding doors off the kitchen lead to the deck, extending your living space outdoors and offering an ideal spot for morning coffee or relaxed evenings. As a common element condominium, this home benefits from low condo fees that contribute to the maintenance of shared areas such as roadways, landscaping, and snow removal - providing the convenience of managed upkeep while maintaining the feel of home ownership. If you've been searching for a turnkey property with modern finishes, excellent commuter access, and a layout that simply works, this one deserves your attention.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,232.23/mo

Includes CMHC insurance ($17,577)

$
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5%10%50%

5-yr fixed avg.

Principal: $567,000Interest: $385,091
Mortgage Amount$584,577
Total Interest$385,091
Est. Property Tax$446/mo
Total Cost$969,668

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.

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Neighbourhood Guide: Cambridge

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

355 Fisher Mills Road Unit 43, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$446
Insurance (est.)-$131
Net Cash Flow+$1,563

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $525/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 115 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.

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.

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 $2,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    355 Fisher Mills Road Unit 43, Cambridge | $630,000 | Battaglia Team