$699,900 - 855 Hamilton Street, Cambridge
Detached for Sale in Cambridge
- MLS Number
- X13208322
- Property Type
- Detached
- Status
- active
- Days on Site
- 22
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
DETACHED GARAGE! RENOVATED! 3 BEDROOMS! Welcome to 855 Hamilton Street in Cambridge's historic Preston neighbourhood, where timeless character meets modern family living. This beautifully update detached century home sits on a generous 55 x 110 ft lot, offering the perfect balance of charm, comfort, and space for everyday living and entertaining. The main floor features engineered hardwood flooring, pot lights, and a warm, inviting living room centered around a cozy wood-burning fireplace. The renovated open-concept kitchen is the heart of the home, showcasing a massive quartz island with built-in gas range and statement hood vent, stainless steel appliances, pendant lighting, and plenty of space for family gatherings. The dining area flows seamlessly from the kitchen, creating an ideal layout for hosting and everyday meals. A 2-piece bathroom and walkout to the backyard complete the main level. Upstairs you'll find three bedrooms with engineered hardwood throughout. The spacious primary suite features a walk-in closet and an open-concept 5-piece ensuite, while the additional bedrooms share a 5-piece semi-ensuite, providing convenience for family living. The backyard is designed for relaxing and entertaining, featuring a covered patio with electricity, hot tub, and built-in stone fireplace, creating the perfect setting for evenings with family and friends. A rare highlight is the detached three-car garage, currently set up with one bay as a games room or gym, along with parking for three vehicles in the driveway. Major updates completed between 2018-2019 include new wiring, plumbing, kitchen, bathrooms, and flooring, providing modern comfort while maintaining the charm of this beautiful century home. Located close to parks, schools, and amenities in the desirable Preston community, this home offers a fantastic opportunity for families looking for character, space, and thoughtful updates.
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
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.
855 Hamilton 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 $467/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.
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 $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.