HN
34 Avenue Road, Cambridge, ON N1R 1B7, Cambridge, ON
+19 photos
$499,000

34 Avenue Road, Cambridge, ON N1R 1B7, Cambridge, ON

Cambridge, ON N1R 1B7
4 beds 2 baths Detached

About this home

WELL MAINTAINED BUNGALOW WITH IN-LAW AND SEPARATE ENTRANCE. Whether you're looking to accommodate extended family or offset your mortgage, this property offers endless possibilities. Step inside to a bright and functional layout where the spacious kitchen takes center stage, featuring a large island perfect for meal prep, casual dining, and gathering with family and friends. The inviting family room is filled with natural light thanks to an oversized window, creating a warm and welcoming space to relax or entertain. Down the hall, you'll find the updated bathroom and three well-appointed bedrooms, ideal for families, guests, or a home office setup. The lower level is thoughtfully designed for comfortable, independent living and features a spacious bedroom, a 3-piece bathroom, and a full kitchen. The bright and inviting family room boasts a large window and a walk-out, allowing for plenty of natural light and easy access to the outdoors. Whether used as an in-law suite, rental opportunity, or additional living space, this lower level adds incredible value and functionality to the home. The backyard is complete with a patio ideal for outdoor dining and relaxing. There's plenty of additional space to gather around the fire, making it the perfect spot to unwind or entertain with family and friends under the stars. This home offers a wonderful opportunity to move right in and enjoy. Book your private showing today!

Property Score

74/ 100
Overall Property Score
great

A blend of both buyer and investor metrics.

Score breakdown
Walkability
60/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
60/100good
GO Transit, LRT, and bus access from this neighborhood.
Schools
70/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
70% of city avggreat
Priced below Cambridge's average of $715,000.
Appreciation Trend
+1.6%/yrgood
Cambridge has seen +1.6% YoY price change.
Monthly Cash Flow
+$676/mogood
Estimated $676/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
7.24%excellent
Net operating income divided by purchase price.
Basement Suite Potential
+$1,410/moexcellent
Existing/legal suite estimated at $1,410/mo additional income.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13084684
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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