$549,900 - 41 Spruce Street, Cambridge
Detached for Sale in Cambridge
108 days on market- MLS Number
- X12839326
- Property Type
- Detached
- Status
- active
- Days on Site
- 108
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Welcome to this beautifully appointed home offering nearly 1,700 sq ft of expansive main floor living space, nestled in an established neighbourhood rich in architectural charm and timeless character. Framed by mature, tree-lined streets, this is the perfect place to unwind and truly feel at home. Step inside through the large, welcoming foyer, where rich accents and thoughtful design details set the tone throughout. The inviting living room is flooded with natural light from a massive window and anchored by a striking gas fireplace - the perfect gathering space and flows seamlessly into a separate dining area, ideal for entertaining. The modern kitchen impresses with marble countertops, stainless steel appliances, a contemporary backsplash, and convenient access to the main floor laundry/mudroom & garage access for everyday ease. The main level features three spacious bedrooms and a fully renovated 4-piece bathroom (April 2025) showcasing a new modern tub and surround with built-in shelf, Moen faucets, black hexagon floor tiles & more - with every detail thoughtfully completed. Designed for every day living and relaxation, the spacious family room is complete with a 2nd gas fireplace with seamless access to the backyard. Downstairs, the fully finished basement rec room provides additional versatile living space - perfect for a media room, play area, or home gym! Situated on a huge lot, this property offers a fully fenced backyard ideal for kids, pets, and summer gatherings. Enjoy the convenience of being walking distance to downtown and located directly across from Centennial Park. This home is the perfect blend of space, modern comfort with an unbeatable location - ready for you to call home! Don't miss out!
Estimate your monthly payments for this property
Estimated Payment
$2,821.27/mo
Includes CMHC insurance ($15,342)
5-yr fixed avg.
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.
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
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.
41 Spruce Street, Cambridge
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $367/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 108 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.
Detached Home Advantages
Detached homes in Cambridge are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
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 $2,291 (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.