$2,195,000 - 527 River Road, Cambridge
Detached for Sale in Cambridge
New — Listed yesterday- MLS Number
- X13433370
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- EASY LIST REALTY LTD.
Visit the REALTOR website for further information about this listing. Welcome to 527 River Road - A Rare Urban Oasis in the Heart of Cambridge. Nestled on nearly 2 acres of pristine natural landscape along Irish Creek, this custom-built ranch-style bungalow offers an extraordinary blend of privacy, luxury, and convenience - just minutes from Highway 401, Hwy 24, Hwy 8, the Kitchener-Waterloo International Airport, top-rated schools, shopping, and dining. Nature, Privacy & Tranquility - Without Leaving the City. Boasting over 2,600 sq. ft. on the main floor and more than 5,200 sq. ft. of total finished living space, this exceptional home is the perfect retreat for those seeking space, serenity, and style. Enjoy a rare connection to nature with extensive outdoor features designed for both entertainment and relaxation: 17-foot Dynasty Swim Spa; 16-foot, 3-Season Gazebo; Fully Screened-In Deck & Elevated Outdoor Deck; 10-foot Private Screened Gazebo (by creek for ultimate seclusion); Meticulously Landscaped Gardens throughout; Built for Flexibility, Designed for the Future. The home's clear span truss roof system means there are no interior load-bearing walls - providing easy potential for future layout changes or renovations. The 2,600 sq. ft. walkout basement is a true standout: 9-foot ceilings and 5 patio doors for abundant natural light; the 1,255 sq. ft. rec-room - is large enough for a full billiards setup custom-built wet bar, gas fireplace, and man door to basement workshop; The insulated sound proofed ceiling in-addition to the ceiling tiles makes for an acoustically pleasing and private environment. 96" Home theater system c/w 16 in-ceiling speaker system makes for an exceptional theater experience.
Estimate your monthly payments for this property
Estimated Payment
$9,709.23/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.
527 River Road, 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
Fair Market Value
At $878/sqft, this property is priced in line with current Cambridge market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
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 5 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 $9,146 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.