51 Sparrow Avenue Unit 70, Cambridge

Price: $574,500

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: X12920510

Step into modern living with this 3-storey townhouse. The bright, open-concept living area and kitchen are perfect for entertaining, with a walkout to a private balcony. It also includes a 2-piece bathroom for added convenience. The third-floor features 3 bedrooms and 2 bathrooms, including a 3-piece ensuite in the primary suite. This floor also offers a 4-piece bathroom and laundry area, making everyday living both functional and efficient. This home provides parking for two vehicles and offers low-maintenance living at its best. Located in East Galt, a highly sought-after, family-friendly neighbourhood, you'll enjoy easy access to amenities, schools, and nearby parks. Modern living in a location you'll love.

51 Sparrow Avenue Unit 70 - Townhouse photo 1 of 15 in Cambridge, Ontario
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$574,500 - 51 Sparrow Avenue Unit 70, Cambridge

Townhouse for Sale in Cambridge

86 days on market
3Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
X12920510
Property Type
Townhouse
Status
active
Days on Site
86
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Cambridge
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Step into modern living with this 3-storey townhouse. The bright, open-concept living area and kitchen are perfect for entertaining, with a walkout to a private balcony. It also includes a 2-piece bathroom for added convenience. The third-floor features 3 bedrooms and 2 bathrooms, including a 3-piece ensuite in the primary suite. This floor also offers a 4-piece bathroom and laundry area, making everyday living both functional and efficient. This home provides parking for two vehicles and offers low-maintenance living at its best. Located in East Galt, a highly sought-after, family-friendly neighbourhood, you'll enjoy easy access to amenities, schools, and nearby parks. Modern living in a location you'll love.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,947.48/mo

Includes CMHC insurance ($16,029)

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5%10%50%

5-yr fixed avg.

Principal: $517,050Interest: $351,166
Mortgage Amount$533,079
Total Interest$351,166
Est. Property Tax$407/mo
Total Cost$884,245

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

51 Sparrow Avenue Unit 70, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$407
Insurance (est.)-$120
Net Cash Flow+$2,023

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 $522/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 86 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.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $2,394 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    51 Sparrow Avenue Unit 70, Cambridge | $574,500 | Battaglia Team