386 Linden Drive, Cambridge

Price: $629,900

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: X12717332

Great home in a great location! This carpet-free 4-bedroom and 3 bathroom home has a flexible floor plan and has been updated and is in move-in-ready condition. The home begins with a main floor foyer, den or fourth bedroom, laundry closet, and a garage with a unique side utility storage space. The second floor has two primary areas with a Kitchen / Great Room / Breakfast nook side and a formal Dining or Living Room side. The second floor also has an awesome second-story balcony/deck area out the back and a convenient 2-piece bath. The third floor consists of a large primary bedroom with its own 4-piece ensuite bath and two good-sized bedrooms with a shared 4-piece bathroom. This home has had all the carpet replaced with quality laminate flooring. The carpeted stairs are now capped in a matching wood. The popcorn ceiling has been replaced with a smooth ceiling. The Kitchen has a new sink & faucet and quartz countertops. Most of the overhead lights have been replaced. And the home has been painted from head to toe. All 3 levels have been updated and ready for its next chapter. This is a multi level home with multiple living areas. This townhome has parking in the rear, one in the garage and one on the driveway, and lawn in the front. This subdivision is close to Riverside Park, Conestoga College, Doon Valley Golf Course, the Grand River, shopping, schools, transit, the 401 and more.

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active
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$629,900 - 386 Linden Drive, Cambridge

Townhouse for Sale in Cambridge

103 days on market
4Beds
2Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
X12717332
Property Type
Townhouse
Status
active
Days on Site
103
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Cambridge
Lot Size
1,121 sqft
Listing Brokerage
RE/MAX Solid Gold Realty (II) Ltd
Description

Great home in a great location! This carpet-free 4-bedroom and 3 bathroom home has a flexible floor plan and has been updated and is in move-in-ready condition. The home begins with a main floor foyer, den or fourth bedroom, laundry closet, and a garage with a unique side utility storage space. The second floor has two primary areas with a Kitchen / Great Room / Breakfast nook side and a formal Dining or Living Room side. The second floor also has an awesome second-story balcony/deck area out the back and a convenient 2-piece bath. The third floor consists of a large primary bedroom with its own 4-piece ensuite bath and two good-sized bedrooms with a shared 4-piece bathroom. This home has had all the carpet replaced with quality laminate flooring. The carpeted stairs are now capped in a matching wood. The popcorn ceiling has been replaced with a smooth ceiling. The Kitchen has a new sink & faucet and quartz countertops. Most of the overhead lights have been replaced. And the home has been painted from head to toe. All 3 levels have been updated and ready for its next chapter. This is a multi level home with multiple living areas. This townhome has parking in the rear, one in the garage and one on the driveway, and lawn in the front. This subdivision is close to Riverside Park, Conestoga College, Doon Valley Golf Course, the Grand River, shopping, schools, transit, the 401 and more.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,231.71/mo

Includes CMHC insurance ($17,574)

$
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5%10%50%

5-yr fixed avg.

Principal: $566,910Interest: $385,030
Mortgage Amount$584,484
Total Interest$385,030
Est. Property Tax$446/mo
Total Cost$969,514

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

386 Linden Drive, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$446
Insurance (est.)-$131
Net Cash Flow+$2,503

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 $420/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 103 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Cambridge have shown strong appreciation as families seek more space.

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.

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.

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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    386 Linden Drive, Cambridge — $629,900 | Battaglia Team