740 Linden Drive Unit 4, Cambridge

Price: $599,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: X13163490

Nestled in the heart of Cambridge, this expansive townhouse offers an exceptional blend of elegance and functionality. Featuring three spacious bedrooms, a stunning eat-in kitchen, and a luxurious master suite complete with a walk-in closet and semi-ensuite bath, this home is designed for comfort and sophistication. The second-floor laundry adds an extra layer of convenience, simplifying your daily routine. Perfectly situated just three minutes from Highway 401, Conestoga College, premier shopping destinations, and the tranquil Riverside Park, this property combines a prime location with modern living. Experience the perfect balance of style and convenience in this distinguished residence.

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$599,000 - 740 Linden Drive Unit 4, Cambridge

Townhouse for Sale in Cambridge

3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
X13163490
Property Type
Townhouse
Status
active
Days on Site
22
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Cambridge
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Nestled in the heart of Cambridge, this expansive townhouse offers an exceptional blend of elegance and functionality. Featuring three spacious bedrooms, a stunning eat-in kitchen, and a luxurious master suite complete with a walk-in closet and semi-ensuite bath, this home is designed for comfort and sophistication. The second-floor laundry adds an extra layer of convenience, simplifying your daily routine. Perfectly situated just three minutes from Highway 401, Conestoga College, premier shopping destinations, and the tranquil Riverside Park, this property combines a prime location with modern living. Experience the perfect balance of style and convenience in this distinguished residence.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

$
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5%10%50%

5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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.

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Neighbourhood Guide: Cambridge

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

740 Linden Drive Unit 4, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$2,181

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $399/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 22 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.

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.

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.

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.

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 $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    740 Linden Drive Unit 4, Cambri… — $599,000 | Battaglia Team