515 Parkview Crescent Unit 5, Cambridge

Price: $439,000

4 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X12846504

Sapcious 3-bedroom, 1-bathroom townhome in a sought-after neighborhood. Conveniently situated near schools, parks, shopping centers, and public transportation, this townhome is an exceptional property with No Neighbors at the Back. This Is A Great Investment Property Or A Place To Call Home In The Highly Growing Town Of Cambridge. Close To Major Shopping Centres, Access To Major Highways, And BIG BOX stores Costco, Walmart and much more. Great Location - Steps To Trail/Grand River W/Easy Access To The Border Of Kitchener And Cambridge W/Its Restaurants, Cafe, Parks, School, Grand River, New Soccer Ground & More! Hwy 401 And Hwy 8 Literary 2 Min Drive Away, Mississauga 35 Min And Milton Only 25 Min And Very Close To Universities And Colleges. Dont Miss Out This Beautiful Home!!

515 Parkview Crescent Unit 5 - Condo photo 1 of 1 in Cambridge, Ontario
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$439,000 - 515 Parkview Crescent Unit 5, Cambridge

Condo for Sale in Cambridge

101 days on market
4Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X12846504
Property Type
Condo
Status
active
Days on Site
101
Bedrooms
4
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Cambridge
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
IQI GLOBAL REAL ESTATE
Description

Sapcious 3-bedroom, 1-bathroom townhome in a sought-after neighborhood. Conveniently situated near schools, parks, shopping centers, and public transportation, this townhome is an exceptional property with No Neighbors at the Back. This Is A Great Investment Property Or A Place To Call Home In The Highly Growing Town Of Cambridge. Close To Major Shopping Centres, Access To Major Highways, And BIG BOX stores Costco, Walmart and much more. Great Location - Steps To Trail/Grand River W/Easy Access To The Border Of Kitchener And Cambridge W/Its Restaurants, Cafe, Parks, School, Grand River, New Soccer Ground & More! Hwy 401 And Hwy 8 Literary 2 Min Drive Away, Mississauga 35 Min And Milton Only 25 Min And Very Close To Universities And Colleges. Dont Miss Out This Beautiful Home!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,252.30/mo

Includes CMHC insurance ($12,248)

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5-yr fixed avg.

Principal: $395,100Interest: $268,341
Mortgage Amount$407,348
Total Interest$268,341
Est. Property Tax$311/mo
Total Cost$675,689

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

515 Parkview Crescent Unit 5, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,160/mo
Range: $2,686 - $3,634
Cap Rate (ROI)
5.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,160
Maintenance Fees-$650
Property Tax (est.)-$311
Insurance (est.)-$91
Net Cash Flow+$2,108

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 $439/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 101 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.

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.

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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    515 Parkview Crescent Unit 5, C… — $439,000 | Battaglia Team