$750,000 - 742 Vine Street, Cambridge
Detached for Sale in Cambridge
64 days on market- MLS Number
- X13009486
- Property Type
- Detached
- Status
- active
- Days on Site
- 64
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- EXP REALTY
Welcome to this bright and beautifully updated home in desirable Cambridge, offering the perfect blend of modern upgrades and warm rustic charm. Step inside to a sun-filled home featuring high ceilings, abundant natural light, and stylish pot lights that enhance the open, airy feel throughout the main level. Thoughtful updates and finishes create a seamless flow between living spaces, making this home both inviting and functional. The kitchen is a standout, highlighted by a solid wood-top island and newer stainless-steel appliances including a fridge (2025), dishwasher (2025), and gas stove, along with a reverse osmosis system (2025) for added water quality. The spacious main floor family room is a thoughtfully designed addition, featuring a built-in gas fireplace that creates a warm and inviting atmosphere-perfect for relaxing or entertaining. Upstairs, you'll find three bedrooms, offering comfortable spaces for family, guests, or a home office. A private second-floor balcony adds an elevated outdoor retreat, perfect for morning coffee or unwinding at the end of the day.The finished basement offers flexibility with a bright, spacious layout suited for a home gym, recreation room, or additional living space. Outside features a large backyard, perfect for entertaining, family activities, or quiet relaxation. A newly built workshop provides endless potential-ideal for a hobby space, creative studio, or additional hangout area. The detached garage and ample parking add everyday convenience. Additional upgrades include a tankless water heater (2026) and whole-home humidifier (2026) for enhanced comfort and efficiency. This move-in ready home combines comfort, character, and thoughtful upgrades in a fantastic Cambridge location close to schools, parks, and everyday amenities. Don't miss your opportunity to call this beautiful property home.
Estimate your monthly payments for this property
Estimated Payment
$3,847.89/mo
Includes CMHC insurance ($20,925)
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.
742 Vine Street, 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 $500/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 64 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.
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 $3,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.