$2,175,000 - 66 Old Mill Road, Cambridge
Detached for Sale in Cambridge
103 days on market- MLS Number
- X12665644
- Property Type
- Detached
- Status
- active
- Days on Site
- 103
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Cambridge
- Lot Size
- 2 sqft
- Listing Brokerage
- Royal LePage Royal City Realty
Discover a rare opportunity to own a designated heritage home in the heart of historic Blair Village. Originally constructed in 1832, this distinguished manor blends rich architectural history with thoughtful and tasteful modern restorations, completed in 2021.Spanning over 4,500 sq. ft. of finished living space, the home welcomes you with grand principal rooms, exquisite millwork, and timeless craftsmanship throughout. Designed for elegant living and effortless entertaining, the residence features 4+ bedrooms, each offering spacious proportions, abundant natural light, and classic heritage charm.A well-appointed butler's pantry with custom built-in cabinetry and a second dishwasher provides exceptional convenience for hosting and entertaining. This versatile space also offers the option to add a secondary laundry, making it as functional as it is beautiful.An unfinished two-level bonus area presents endless possibilities-whether envisioned as a private gym, theatre room, wine cellar, or a chic speakeasy, it's a rare opportunity to customize a part of this heritage estate to suit your lifestyle.The three-season screened sunroom off the primary bedroom creates a serene, breezy retreat, perfect for quiet morning coffees or summer evenings overlooking the grounds.Set on a stunning 2.4-acre property, the estate is graced by a river that gently flows through the land, adding to its natural beauty and privacy. A stone barn and original bakeshop further enhance the property's character and offer potential for creative use or future restoration.This exceptional home celebrates the grandeur of a bygone era, while embracing the comfort and elegance of modern living. Just minutes from city amenities, yet immersed in the tranquil charm of Blair Village, this is a landmark estate unlike any other and must be seen to be truly appreciated.
Estimate your monthly payments for this property
Estimated Payment
$9,620.76/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.
66 Old Mill 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 $621/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 103 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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 3 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.