HN
226 Hillmer Road, Cambridge, ON N1R 6N8, Cambridge, ON
+19 photos
$699,000

226 Hillmer Road, Cambridge, ON N1R 6N8, Cambridge, ON

Cambridge, ON N1R 6N8
5 beds 2 baths Detached

About this home

IN-LAW SUITE WITH WALKOUT BASEMENT! Welcome to 226 Hillmer Road, ideally situated in the highly desirable East Galt neighbourhood of Cambridge. This beautifully maintained backsplit offers over 2,600 sq ft of finished living space, providing exceptional versatility for families, multi-generational living, or investors. The main floor features a bright and open-concept layout, seamlessly connecting the living and dining areas to the kitchen-perfect for both everyday living and entertaining. The kitchen features an island and offers a convenient walkout to the back deck, leading to a fully fenced backyard-ideal for outdoor gatherings and family enjoyment. Upstairs, you'll find three bedrooms, including the primary bedroom, along with a 5-piece shared bathroom. The lower level boasts a well-designed in-law suite with its own open-concept kitchen and dining area, complete with a walkout to the backyard. This level also includes a bedroom and a 3-piece bathroom, offering comfort and privacy. Just a few steps down, you'll discover an additional bedroom, a large rec room, utility room with laundry, and a spacious cold room-providing ample storage and flexible living space. Located close to parks, shopping, public transit, and just minutes to Elementary/High Schools and Downtown Cambridge, this home offers both convenience and incredible potential. A fantastic opportunity to own a spacious, move-in-ready home in a sought-after location!

Property Score

68/ 100
Overall Property Score
good

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
98% of city avggood
Priced below Cambridge's average of $715,000.
Appreciation Trend
+1.6%/yrgood
Cambridge has seen +1.6% YoY price change.
Monthly Cash Flow
-$232/mofair
Estimated -$232/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
5.21%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® # X13087044
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.