$749,888 - 6 Gerrard Avenue, Cambridge
Detached for Sale in Cambridge
Popular Listing- MLS Number
- X13250750
- Property Type
- Detached
- Status
- active
- Days on Site
- 8
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- SUTTON GROUP - REALTY EXPERTS INC.
Set in a mature Hespeler neighborhood backing on to Hillcrest Park & only mins from the 401, this spacious side split is a great family home. The 74' wide lot showcases mature trees & a fantastic private yard. A large 2 tiered deck is the perfect spot to decompress after a long day. From here you can enjoy the serenity of a trickling pond whose water is the go to destination for a variety of birds who seek to refresh themselves on a warm day. There is plenty of play room for kids & pets in the remainder of the yard however, with an adjacent park, kids can enjoy the playground equipment, play baseball or catch with friends and family. The airy main floor offers gorgeous hardwood enhanced by the bright sunlight which floods through the large front window. A gas fireplace in the corner of the liv-rm is always ready to combat winter's chill. The eat-in kit offers ample cabinetry, stainless appl.& french doors to the yard allowing kitchen parties to spill out to the huge deck. The upper level boasts a good size master & hardwood floors. 2 other bedrooms & a full 4 pc bath complete this floor. The family's room lvl offers a 2nd gas f/place & engineered hardwood flooring. A walk out to the rear yard provides ample sunlight to this relaxing room. Here you can enjoy watching your big screen TV or family conversation. A 2pc bath & laundry complete this level. Only 3 steps down, the basement offers abundant space for a wkshp & storage. A carport & large drive can accommodate 6+ cars. Furnace 1 Year old, New patio door.
Estimate your monthly payments for this property
Estimated Payment
$3,847.31/mo
Includes CMHC insurance ($20,922)
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.
6 Gerrard Avenue, 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 $682/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.
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.
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.
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 $3,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.