408 Guelph Avenue Unit 209, Cambridge

Price: $439,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13235590

Motivated Seller! Exceptional value in the heart of Hespeler with 2 parking spaces and 2 balconies. Welcome to this bright and modern condo townhouse offering 2 bedrooms, 1.5 bathrooms, and a functional open-concept layout designed for comfortable everyday living. Featuring contemporary finishes, abundant natural light, two private balconies, and the rare convenience of two parking spaces. This move-in-ready home is ideal for first-time buyers, downsizers, or savvy investors. Located in a sought-after central Hespeler location, enjoy quick access to Highway 401 and easy commuting to Kitchener-Waterloo and Guelph. Just steps to parks, scenic river trails, local shops, restaurants, and the charm of downtown Hespeler, this location offers the perfect balance of convenience and community. A fantastic opportunity to own a well-maintained home in one of Cambridge's most desirable neighbourhoods. Immediate possession available.

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active
New Listing
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$439,900 - 408 Guelph Avenue Unit 209, Cambridge

Condo for Sale in Cambridge

New — Listed 5 days ago
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13235590
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Cambridge
Locker
None
Exposure
North West
Balcony
Open
Listing Brokerage
CORCORAN HORIZON REALTY
Description

Motivated Seller! Exceptional value in the heart of Hespeler with 2 parking spaces and 2 balconies. Welcome to this bright and modern condo townhouse offering 2 bedrooms, 1.5 bathrooms, and a functional open-concept layout designed for comfortable everyday living. Featuring contemporary finishes, abundant natural light, two private balconies, and the rare convenience of two parking spaces. This move-in-ready home is ideal for first-time buyers, downsizers, or savvy investors. Located in a sought-after central Hespeler location, enjoy quick access to Highway 401 and easy commuting to Kitchener-Waterloo and Guelph. Just steps to parks, scenic river trails, local shops, restaurants, and the charm of downtown Hespeler, this location offers the perfect balance of convenience and community. A fantastic opportunity to own a well-maintained home in one of Cambridge's most desirable neighbourhoods. Immediate possession available.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,256.92/mo

Includes CMHC insurance ($12,273)

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5%10%50%

5-yr fixed avg.

Principal: $395,910Interest: $268,891
Mortgage Amount$408,183
Total Interest$268,891
Est. Property Tax$312/mo
Total Cost$677,075

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

408 Guelph Avenue Unit 209, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$312
Insurance (est.)-$92
Net Cash Flow+$1,306

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 $440/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Cambridge's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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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    408 Guelph Avenue Unit 209, Cam… — $439,900 | Battaglia Team