405 Myers Road Unit 2, Cambridge

Price: $459,900

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: X13011948

Welcome to this beautifully maintained stacked townhouse located at 405 Myers Rd in the heart of Cambridge. This bright and modern 2-bedroom, 2-bathroom home offers a perfect blend of comfort, style, and convenience-ideal for first-time buyers, downsizers, or investors. Step inside to discover a thoughtfully designed open-concept layout featuring a spacious living area, perfect for entertaining or relaxing at home. The kitchen is well-appointed with ample cabinetry and workspace, making meal prep both easy and enjoyable. The primary bedroom offers a private retreat with its own ensuite bathroom and balcony, while the second bedroom is generously sized and perfect for guests, a home office, or growing families. A second full bathroom adds extra convenience and functionality. Enjoy low-maintenance living with all the benefits of townhouse ownership, including modern finishes, in-suite laundry, and dedicated parking. Located in a desirable, family-friendly neighbourhood, you're just minutes from parks, schools, shopping, public transit, and major commuter routes. Whether you're looking to get into the market or expand your investment portfolio, this charming home is a fantastic opportunity you won't want to miss.

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$459,900 - 405 Myers Road Unit 2, Cambridge

Condo for Sale in Cambridge

57 days on market
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
X13011948
Property Type
Condo
Status
active
Days on Site
57
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Cambridge
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Welcome to this beautifully maintained stacked townhouse located at 405 Myers Rd in the heart of Cambridge. This bright and modern 2-bedroom, 2-bathroom home offers a perfect blend of comfort, style, and convenience-ideal for first-time buyers, downsizers, or investors. Step inside to discover a thoughtfully designed open-concept layout featuring a spacious living area, perfect for entertaining or relaxing at home. The kitchen is well-appointed with ample cabinetry and workspace, making meal prep both easy and enjoyable. The primary bedroom offers a private retreat with its own ensuite bathroom and balcony, while the second bedroom is generously sized and perfect for guests, a home office, or growing families. A second full bathroom adds extra convenience and functionality. Enjoy low-maintenance living with all the benefits of townhouse ownership, including modern finishes, in-suite laundry, and dedicated parking. Located in a desirable, family-friendly neighbourhood, you're just minutes from parks, schools, shopping, public transit, and major commuter routes. Whether you're looking to get into the market or expand your investment portfolio, this charming home is a fantastic opportunity you won't want to miss.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,359.53/mo

Includes CMHC insurance ($12,831)

$
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5%10%50%

5-yr fixed avg.

Principal: $413,910Interest: $281,116
Mortgage Amount$426,741
Total Interest$281,116
Est. Property Tax$326/mo
Total Cost$707,858

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

405 Myers Road Unit 2, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$326
Insurance (est.)-$96
Net Cash Flow+$1,258

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 $575/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 57 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.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    405 Myers Road Unit 2, Cambridge — $459,900 | Battaglia Team