$329,900 - 67 Valleyview Road Unit 46, Cambridge
Condo for Sale in Cambridge
- MLS Number
- X13169758
- Property Type
- Condo
- Status
- active
- Days on Site
- 19
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Cambridge
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Think you can't afford to own? Run the numbers - this one might surprise you. This 2 bedroom, three-level townhouse with 2nd floor laundry room, offers a rare entry point into homeownership for first-time buyers, and a near-turnkey income property for investors seeking real cash flow. With market rents at $1,900/month and fixed costs (taxes + condo fee) of just $409/month, the remaining $1,491 goes straight toward your mortgage - at 20% down, this property is positioned to nearly carry itself. Inside, an open-concept kitchen and living area is anchored by a cozy fireplace - the kind of space that feels like home the moment you walk in. Step outside to your own private patio, ideal for morning coffee or long summer evenings. Deck and deck rail will be replaced 2026/2027. Secure building entry and assigned parking add the everyday conveniences that make this an effortless place to live, or to rent. Four minutes from the commuter highway and surrounded by every shopping and lifestyle amenity you need. Move-in ready. Priced right. In a market where true value is hard to find, this is the one you've been waiting for. Purchase price: $329,900 - Down payment (20%): $65,980 - Mortgage amount: $263,920 - Rate: 4.5% / 12 = 0.375% per month - Term: 360 months - Using the standard mortgage formula, the monthly payment is $1,337.24. So the full monthly picture looks like this: Mortgage (P&I) $1,337.24 Condo fee$ $265.00 Property tax $143.58. Total monthly $1,745.82. Investors: Market rent $1,900.00 Monthly surplus+$154.18.
Estimate your monthly payments for this property
Estimated Payment
$1,692.56/mo
Includes CMHC insurance ($9,204)
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.
67 Valleyview Road Unit 46, 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 $471/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 19 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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.