375 Holiday Inn Drive Unit 28, Cambridge

Price: $599,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13169346

Welcome to this well-maintained end-unit backsplit townhome in a desirable Cambridge location-offering four levels of finished living space, thoughtful updates, and unbeatable convenience just minutes from Highway 401, shopping, schools, and everyday amenities. This functional layout features 2+1 bedrooms and a single-car garage, making it ideal for families, downsizers, or professionals alike. The bright main level showcases a beautifully updated kitchen complete with quartz countertops, pull-out cabinetry, lazy Susan corner cupboard, and soft-close drawers, with all appliances included. The dining area offers a seamless walkout to a private deck, perfect for morning coffee or summer entertaining. The living room features warm hardwood flooring, while the kitchen is finished in durable tile, and the upper-level bedrooms offer cozy carpeting. The updated main bathroom adds a fresh, modern touch to the upper level. The lower level provides a comfortable family room with a gas fireplace, a third bedroom with large egress windows, and convenient inside access from the garage-a practical feature for everyday living. The basement level offers excellent storage space, along with a dedicated laundry area and mechanicals. Added value includes owned hot water heater and water softener, as well as a central vacuum rough-in. Situated in a well-managed complex in a prime Hespeler location, this home combines space, functionality, and location-an opportunity not to be missed.

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$599,000 - 375 Holiday Inn Drive Unit 28, Cambridge

Condo for Sale in Cambridge

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13169346
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Cambridge
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

Welcome to this well-maintained end-unit backsplit townhome in a desirable Cambridge location-offering four levels of finished living space, thoughtful updates, and unbeatable convenience just minutes from Highway 401, shopping, schools, and everyday amenities. This functional layout features 2+1 bedrooms and a single-car garage, making it ideal for families, downsizers, or professionals alike. The bright main level showcases a beautifully updated kitchen complete with quartz countertops, pull-out cabinetry, lazy Susan corner cupboard, and soft-close drawers, with all appliances included. The dining area offers a seamless walkout to a private deck, perfect for morning coffee or summer entertaining. The living room features warm hardwood flooring, while the kitchen is finished in durable tile, and the upper-level bedrooms offer cozy carpeting. The updated main bathroom adds a fresh, modern touch to the upper level. The lower level provides a comfortable family room with a gas fireplace, a third bedroom with large egress windows, and convenient inside access from the garage-a practical feature for everyday living. The basement level offers excellent storage space, along with a dedicated laundry area and mechanicals. Added value includes owned hot water heater and water softener, as well as a central vacuum rough-in. Situated in a well-managed complex in a prime Hespeler location, this home combines space, functionality, and location-an opportunity not to be missed.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

$
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5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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

375 Holiday Inn Drive Unit 28, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$1,561

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 $599/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 19 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.

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.

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 $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    375 Holiday Inn Drive Unit 28… — $599,000 | Battaglia Team