$474,900 - 720 Parkview Crescent, Cambridge
Townhouse for Sale in Cambridge
108 days on market- MLS Number
- X12690220
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 108
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Welcome to this fully renovated, attached backsplit townhome-a rare opportunity to enjoy the space and privacy of a home without condo fees. Thoughtfully updated from top to bottom, this move-in ready residence offers 3 bedrooms and 1 bathroom, with bright, carpet-free living spaces and upgraded flooring throughout. The brand-new kitchen is a standout, perfect for everyday living and entertaining alike, while the open and airy layout is enhanced by large new windows in the bedrooms, living room, and basement, flooding the home with natural light. Major mechanical upgrades provide peace of mind, including a Lennox high-efficiency gas furnace and new central air conditioning. Step outside and enjoy your private yard-a true bonus rarely found at this price point-along with dedicated parking. Ideally located minutes from the 401 and Conestoga College, and close to shopping, dining, public transportation, and all everyday amenities, this home offers both convenience and comfort. Skip the small apartment units and monthly condo fees-this is your chance to own a beautiful, updated home with outdoor space, in a well-connected location, ready for you to move in and enjoy.
Estimate your monthly payments for this property
Estimated Payment
$2,436.48/mo
Includes CMHC insurance ($13,250)
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.
720 Parkview Crescent, 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 $678/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 108 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Cambridge have shown strong appreciation as families seek more space.
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.
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.
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.