$499,000 - 766 Walter Street Unit J, Cambridge
Condo for Sale in Cambridge
36 days on market- MLS Number
- X13106052
- Property Type
- Condo
- Status
- active
- Days on Site
- 36
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Cambridge
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- RE/MAX EXPERTS
Experience true pride of ownership in this sun-drenched end-unit townhouse, perfectly situated in the highly desirable Preston community. This meticulously renovated home showcases high-quality finishes throughout, including engineered hardwood flooring on the main and upper levels, luxury vinyl in the basement, and designer pot lights. The chef-inspired kitchen is a standout, featuring sleek white cabinetry, elegant quartz countertops, an arabesque glass backsplash, and premium stainless steel appliances. The open-concept living space leads to a private, 18' x 15' fenced yard that backs onto the peaceful Coronation school grounds-creating an ideal setting for summer entertaining. Upstairs, you will find three generous bedrooms, while the finished basement offers additional versatile living space. A rare and significant bonus for this complex: this home has been fully converted to a high-efficiency heating and cooling system for year-round comfort. Perfectly located near schools and everyday amenities, this move-in-ready gem is not to be missed.
Estimate your monthly payments for this property
Estimated Payment
$2,560.13/mo
Includes CMHC insurance ($13,922)
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.
766 Walter Street Unit J, 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 $499/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 36 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.
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.