1031 West River Rd
Cambridge, N1R 5S5
FOR SALE
$1,795,000
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4 + 1
BEDROOMS5
BATHROOMS1 + 1
KITCHENS9 + 4
ROOMSX9384589
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Property Description
MODERN LUXURY IN THIS EXQUISITE MID-CENTURY HOME, perfectly set on 1.2 acres of prime land just outside the city. Designed with a sleek, minimalist aesthetic, this expansive property offers 5 bedrooms & 3.5 bathrooms. The open-concept design welcomes you in, showcasing clean lines, large windows, & a fluid connection between indoor & outdoor spaces. The stunning outdoor oasis is centered around a sparkling salt-water heated inground pool framed by a generous deck & patio for lounging & entertaining. Whether youre hosting gatherings or enjoying peaceful moments in the sauna, this outdoor space is unlike any other. The surrounding landscape offers a tranquil escape, highlighted by a serene pond that adds a touch of natural beauty. Imagine endless peaceful views of the water & listen to the calming sounds of nature. The interior continues the modern theme with sleek finishes & a refined sense of style. The centrally located kitchen is both a statement piece & a functional hub, offering contemporary finishes. Open to the dining and family room with a wood f/p & walkout to the upper deck. The primary suite serves as a private retreat, complete with an 3pc ensuite, custom closets, & private balcony. The homes expansive windows & skylights flood the living spaces with natural light. The fully finished walkout lower level expands the living space with its own modern kitchen & bathroom, making it perfect for a guest suite, or multi-generational living. Despite its serene setting, this property is just minutes away from essential conveniences including a 6 min car ride to Gas Light District. Quick access to Hwy 401 & 403, & nearby Paris. Some notable features include no rear (Crownland) facing neighbours allowing for amazing views & private access to a riverfront walking trail, windows/entry doors 2023, asphalt drive/armour stone wall 2020, roof 2016, outdoor sauna 2021, gas BBQ hookups (pool & main deck), an outdoor shower, 200amp panel, & electrical for a future hot tub.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-01 | 2024-09-24 | 23 | $1,899,999 | - | Terminated |
| 2024-06-01 | 2024-08-31 | 91 | $1,899,999 | - | Expired |
| 2024-04-01 | 2024-05-31 | 60 | $1,899,999 | - | Expired |
| 2024-01-25 | 2024-03-31 | 66 | $1,999,999 | - | Expired |
| 2024-01-25 | 2024-03-31 | 66 | $1,999,999 | - | Expired |
| 2023-06-28 | 2023-09-04 | 68 | $2,488,000 | - | Suspended |
Property Features
Grnbelt/Conserv, River/Stream, School
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
150' x 365'
Acreage
.50-1.99
Lot Irregularities
1.21 acres
Fronting
North
Taxes
$6,108 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Pool
Inground
Parking Spaces
16
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 24.02' x 17.91' | |
| Breakfast | Main | 9.09' x 12.01' | |
| Kitchen | Main | 10.60' x 12.01' | |
| Family | Main | 23.59' x 14.17' | |
| Prim Bdrm | 2nd | 16.24' x 11.68' | |
| 2nd Br | 2nd | 11.25' x 10.76' | |
| 3rd Br | 2nd | 10.83' x 11.15' | |
| 4th Br | 2nd | 12.93' x 13.25' | |
| Rec | Lower | 17.49' x 14.99' | |
| 5th Br | Lower | 16.57' x 12.34' | |
| Kitchen | Lower | 7.74' x 16.77' |
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Cambridge Market Statistics
Cambridge Price Trend
1031 West River Rd is a 4-bedroom 5-bathroom home listed for sale at $1,795,000, which is $890,000 (98.3%) higher than the average sold price of $905,000 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 4 bedroom home in Cambridge declined by $81,458 (8.3%) compared to the previous 30 day period (September 1 - September 30) and down $105,357 (10.4%) from the same time one year ago.Inventory Change
There were 38 4-bedroom homes listed in Cambridge over the last 30 days (October 1 - October 30), which is down 20.8% compared with the previous 30 day period (September 1 - September 30) and up 26.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Cambridge typically sold ($4,900) (0.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $19,170 increase compared to the previous 30 day period (September 1 - September 30) and ($21,778) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Cambridge over the last 30 days (October 1 - October 30) stood at 50.0%, down from 50.0% over the previous 30 days (September 1 - September 30) and up from 46.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Cambridge stood at 21 days when successfully sold over the last 30 days (October 1 - October 30), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Twin City Faisal Susiwala Realty
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