$1,995,000 - 66 Old Mill Road, Cambridge
Detached for Sale in Cambridge
59 days on market- MLS Number
- X13002328
- Property Type
- Detached
- Status
- active
- Days on Site
- 59
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Cambridge
- Lot Size
- 2 sqft
- Listing Brokerage
- THE AGENCY
Set within the historic surroundings of Blair Village, The Bowman House (c.1832) pairs heritage character with thoughtful modern refinement. Surrounded by Carolinian forest with Mill Creek winding through the property, the setting is deeply connected to the early development of the village. The estate is positioned within the historic Bowman landscape, an area shaped by the mills, tannery, and lime kiln that defined Blair's origins. Located near the meeting point of the Grand and Speed Rivers, it offers a scenic and storied setting with a quiet sense of permanence. With over 4,500sqft of living space, this restored residence (2021 to present) is defined by expansive principal rooms, a grand foyer, and a striking living room with crown moulding and gas fireplace. A formal dining room with built-ins and wood-burning fireplace, and an updated kitchen with generous storage are complemented by a thoughtfully designed butler's pantry featuring custom cabinetry, a second dishwasher, and the option to incorporate additional laundry. The home offers five bedrooms and three bathrooms, along with a versatile unfinished loft and a two-level bonus area, providing flexibility for future customization. The spacious primary suite offers a walk-in closet and walk-through closet leading to a bright ensuite, plus a screened three-season sunroom overlooking the grounds. Set on approximately 2.4 acres, the property features mature landscape, a trout-filled stream, a stone barn, and the village's historic stone bake shop, creating a setting that is both functional and rich in character. Just minutes from Highway 401, Whistlebear Golf Club, and Langdon Hall, the property offers a rare balance of privacy and accessibility. A distinctive offering where history, land, and lifestyle come together.
Estimate your monthly payments for this property
Estimated Payment
$8,824.56/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 $570/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 59 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.