$1,090,000 - 87 Ridge Road, Cambridge
Detached for Sale in Cambridge
New — Listed 4 days ago- MLS Number
- X13419878
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Cambridge
- Lot Size
- 396 sqft
- Listing Brokerage
- ROYAL LEPAGE WOLLE REALTY
Welcome to this beautifully maintained 4-bedroom, 3.1-bathroom home offering stylish finishes, functional living space, with an exceptional indoor-outdoor flow. Designed with modern family living in mind, this immaculate home features 9' ceilings, hardwood floors, and an open-concept layout filled with natural light, and an exceptional view of a water reservoir, walking trails and greenspace. The spacious kitchen is the heart of the home, complete with granite countertops, reverse osmosis system, a large pantry, with a seamless flow into the dining and living areas - perfect for entertaining or everyday living. Patio sliding doors lead to the upper deck overlooking the expansive backyard, creating the ideal space for summer gatherings or quiet evenings outdoors. Convenient inside access from the garage and a main floor 2 piece add to the home's practicality. Upstairs, the primary bedroom retreat features his-and-her walk-in closets and a luxurious ensuite bathroom. Three additional spacious bedrooms and another full bathroom provide plenty of room for family and guests. A Central Vacuum system is roughed in on main level, upper hallway and primary suite. The finished walk-out lower level extends the living space including a stylish kitchen with quartz countertops, and outlets for a stove and refrigerator. In-Law opportunity! The large three piece bathroom, boasts heated floors, a large bright window, and sliding doors leading directly to the fully fenced backyard with a concrete patio and concrete side steps. The oversized backyard offers endless possibilities to extend the existing garden, for children, pets, or future outdoor entertaining spaces. Storage both in the home and the double car garage is ample. Located in a desirable family-friendly neighbourhood close to parks, schools, shopping, restaurants and commuter routes. This move-in-ready home combines comfort, elegance, and functionality in one exceptional address. Welcome to your New Home!
Estimate your monthly payments for this property
Estimated Payment
$4,821.44/mo
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.
87 Ridge Road, 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 $727/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Cambridge's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Cambridge. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 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 $4,542 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.