$499,900 - 58 Avenue Road, Cambridge
Detached for Sale in Cambridge
43 days on market- MLS Number
- X13069938
- Property Type
- Detached
- Status
- active
- Days on Site
- 43
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- RE/MAX TWIN CITY FAISAL SUSIWALA REALTY
BRIGHT BUNGALOW WITH FUTURE POTENTIAL. Set on a quiet, established street, this classic brick bungalow offers a solid footprint and a layout that just makes sense. Step inside and you're welcomed by a bright, inviting living space, where a large front window fills the room with natural light. The flow carries effortlessly into the dining area. Just beyond, the kitchen offers a functional layout with plenty of room to personalize over time, whether you envision a modern refresh or want to embrace its charm as-is. With 3 bedrooms on the main floor and a full 4-pc bathroom, the home is well-suited for first-time buyers, downsizers, or anyone looking for space to make their own. Each room like a blank canvas to make it your own. The real opportunity reveals itself downstairs. The walk-up basement adds a layer of versatility- ideal for future in-law potential, a separate living space, or simply expanding your square footage to suit your needs. Whether you're thinking long-term investment or creating something tailored to your lifestyle, the foundation is already here. Outside, the property continues to impress with a detached garage (the perfect shop or to be reverted back to use for parking) and private yard space, offering room to garden, or entertain on the patio. A thoughtful layout, and endless potential to shape into something special. Perfectly situated just steps to schools, public transit, the 401, parks & all major amenities. VIRTUALLY STAGED.
Estimate your monthly payments for this property
Estimated Payment
$2,564.75/mo
Includes CMHC insurance ($13,947)
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.
58 Avenue 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
Competitive Pricing
At $714/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.
Market Position
At 43 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
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.