HN
244 Newman Drive, Cambridge, ON N1S 0E1, Cambridge, ON
+19 photos
$499,999

244 Newman Drive, Cambridge, ON N1S 0E1, Cambridge, ON

Cambridge, ON N1S 0E1
3 beds 3 baths Att/Row/Townhouse

About this home

Welcome to 244 Newman Drive, a stunning freehold 2-storey townhome built by Cachet Homes in2024, offering approximately 1,661 sq ft of modern living space. Freshly painted and thoughtfully designed, this home features 9 ft ceilings and hardwood flooring throughout the main level, complemented by a bright, open-concept layout ideal for both everyday living and entertaining. The upgraded kitchen is equipped with stainless steel appliances, including an over-the-range microwave, and flows seamlessly into the spacious living and dining areas. A convenient mudroom with direct garage access adds everyday functionality. Upstairs, you'll find three generously sized bedrooms, each with its own closet and window. The primary retreat boasts a massive walk-in closet and a luxurious 5-piece ensuite featuring a double sink vanity and a large glass shower. The main bathroom also includes a double sink vanity-perfect for families. Situated on a deep lot with over 100 ft in depth, this home offers exceptional privacy with no direct rear neighbours and no homes directly in front. The unfinished basement provides a blank canvas for your future customization. Parking is a breeze with a 2-car driveway plus additional boulevard parking. Located within the highly sought-after school boundaries of Blair Road Public School , St. Andrews Public School ,and Southwood Secondary School .You'll also love the close proximity to Cambridge Memorial Hospital, Downtown Cambridge, Conestoga College, Amazon Warehouse, scenic Grand River trails, and nearby parks and green spaces offering the perfect balance of convenience, nature, and community. Must be seen to be appreciated

Property Score

58/ 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
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
-$1,216/mopoor
Estimated -$1,216/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
2.69%fair
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13095898
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.