59 4th Avenue, Cambridge

Price: $399,900

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13145578

Step into the charm and character of this inviting 1.5-storey home in an established Cambridge neighbourhood. Built in 1937, this 2-bedroom, 1-bath blends timeless character with thoughtful updates and practical everyday living. Inside, you'll find a bright and welcoming layout featuring refreshed flooring throughout and comfortable living spaces filled with warmth and character. The main floor offers functional everyday living, while the upper level creates a cozy and private retreat with two bedrooms and a full 4-piece bathroom. Recent improvements include updated insulation and drywall along the right-side wall, helping improve comfort and efficiency. The kitchen is equipped with a gas stove, new dishwasher, and refrigerator, providing everything needed for day-to-day convenience. Major mechanical updates offer additional peace of mind.Outside, enjoy a fully fenced backyard complete with a deck, creating a great space for entertaining, relaxing, gardening, or enjoying time outdoors. The welcoming front porch adds charm and curb appeal, while the home's character and mature setting give it a warm, established feel. Combining classic charm with practical updates, this home presents a fantastic opportunity for first-time buyers, downsizers, or investors looking for an affordable property in a convenient Cambridge location close to schools, parks, amenities, and commuter routes.

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$399,900 - 59 4th Avenue, Cambridge

Detached for Sale in Cambridge

2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13145578
Property Type
Detached
Status
active
Days on Site
18
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Cambridge
Listing Brokerage
McIntyre Real Estate Services Inc.
Description

Step into the charm and character of this inviting 1.5-storey home in an established Cambridge neighbourhood. Built in 1937, this 2-bedroom, 1-bath blends timeless character with thoughtful updates and practical everyday living. Inside, you'll find a bright and welcoming layout featuring refreshed flooring throughout and comfortable living spaces filled with warmth and character. The main floor offers functional everyday living, while the upper level creates a cozy and private retreat with two bedrooms and a full 4-piece bathroom. Recent improvements include updated insulation and drywall along the right-side wall, helping improve comfort and efficiency. The kitchen is equipped with a gas stove, new dishwasher, and refrigerator, providing everything needed for day-to-day convenience. Major mechanical updates offer additional peace of mind.Outside, enjoy a fully fenced backyard complete with a deck, creating a great space for entertaining, relaxing, gardening, or enjoying time outdoors. The welcoming front porch adds charm and curb appeal, while the home's character and mature setting give it a warm, established feel. Combining classic charm with practical updates, this home presents a fantastic opportunity for first-time buyers, downsizers, or investors looking for an affordable property in a convenient Cambridge location close to schools, parks, amenities, and commuter routes.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

$
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5%10%50%

5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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

59 4th Avenue, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
6.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$2,034

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 $571/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 18 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.

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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    59 4th Avenue, Cambridge — $399,900 | Battaglia Team