$1,049,999 - 524 LINDEN Drive, Cambridge
Detached for Sale in Cambridge
91 days on market- MLS Number
- X12903028
- Property Type
- Detached
- Status
- active
- Days on Site
- 91
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
2 STOREY HOME WITH IN-LAW SUITE SITUATED ON A RAVINE LOT & BACKS ONTO GREENSPACE! Welcome to this stunning two-storey detached home located in the highly sought-after Blair neighbourhood, backing onto a premium ravine lot. Offering exceptional luxurious upgrades throughout, this carpet-free home is designed for modern family living and multi-generational flexibility. The main floor features 9' ceilings and a bright, open-concept layout with an elegant kitchen, dining area, and living room filled with natural light. The chef-inspired kitchen showcases quartz countertops with a striking quartz waterfall backsplash and matching kickboards, complemented by premium finishes and thoughtful design. Waffle ceilings, crown moulding, and wainscoting add timeless sophistication throughout the home. A convenient 2-piece bathroom and functional mudroom complete the main level. The upper level offers 4 generously sized bedrooms, including a luxurious primary suite with a 5-piece ensuite. A shared 4-piece bathroom and convenient second-floor laundry enhance everyday comfort and functionality. The fully finished basement features a separate entrance and an in-law suite, complete with 2 additional bedrooms, a 4-piece bathroom, a spacious recreation room, a full kitchen, laundry, and ample storage-ideal for extended family or potential income opportunities. Exterior highlights include a fully fenced backyard, exterior pot lights, a 2-car garage, and a double-wide driveway accommodating up to 4 vehicles. Perfectly located just minutes from Highway 401, Conestoga College, shopping, public transit, amenities, and downtown, this exceptional home offers luxury, versatility, and convenience in one of the area's most desirable settings.
Estimate your monthly payments for this property
Estimated Payment
$4,644.50/mo
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.
524 LINDEN Drive, 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 $525/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 91 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.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Cambridge.
Bathroom Count Matters
With 4 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 $4,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.