1164 Studiman Rd

Cambridge, N1R 5S2
FOR SALE
$3,750,000
1164 Studiman Rd, Cambridge
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
1164 Studiman Rd
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3 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
8 + 3
ROOMS
X9385900
MLSID
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Property Description
The opportunities are limitless in this Farm with Residence. Situated on over 52.6 acres of land, just 2 minutes from Cambridges conveniences, including highways, schools, and shopping. Surrounded by lush greenery, this stylish bungalow has been fully renovated inside. The bright, open-concept layout spans 2,651 sq. ft. of living space including a completely finished basement. Highlights include charming exposed brick, a modern kitchen with quartz countertops, subway tile backsplash, and garden doors that lead out to the deck. The primary suite is located on one side of the home, featuring a 4-piece bathroom and multiple closets. Bedrooms 2 and 3 are on the opposite side with their own 4-piece bathroom and a powder room. The lower level includes a 4th bedroom, a spacious rec room, and another full bathroom. Additionally, the property features a massive car parking shed, workshop & 2 barns, ideal for your hobbies or as extra storage. This beautiful estate is a perfect blend of natural beauty and modern comfort, offering a unique and serene lifestyle. Don't miss the opportunity to make this breathtaking property your own! The potential here is limitless.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-05-26 2021-05-28 3 $2,500,000 $2,584,000 Sold
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
1,763' x 1,295'
Acreage
50-99.99
Lot Irregularities
52.6 Acres
Fronting
East
Taxes
$6,570 (2024)
Basement
Finished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
12
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain7.41' x 11.91'Quartz Counter, Stainless Steel Appl
DiningMain6.59' x 14.57'Laminate, Open Concept
LivingMain13.85' x 22.34'Laminate, Cathedral Ceiling
Prim BdrmMain21.33' x 14.24'Laminate, 4 Pc Ensuite
2nd BrMain11.25' x 10.07'Laminate, Closet
3rd BrMain12.07' x 13.68'Laminate, Closet
RecBsmt22.90' x 29.76'Laminate, Open Concept
4th BrBsmt9.09' x 12.99'Laminate, Window
DenBsmt8.43' x 8.01'Laminate, Window
Cambridge Market Statistics
Cambridge Price Trend
1164 Studiman Rd is a 3-bedroom 4-bathroom home listed for sale at $3,750,000, which is $2,997,878 (398.6%) higher than the average sold price of $752,122 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 3 bedroom home in Cambridge declined by $25,525 (3.3%) compared to the previous 30 day period (September 27 - October 26) and down $38,303 (4.8%) from the same time one year ago.
Inventory Change
There were 54 3-bedroom homes listed in Cambridge over the last 30 days (October 27 - November 25), which is down 31.6% compared with the previous 30 day period (September 27 - October 26) and up 10.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Cambridge typically sold ($8,157) (1.1%) below asking price over the last 30 days (October 27 - November 25), which represents a $12,990 decrease compared to the previous 30 day period (September 27 - October 26) and $19,627 less 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 3-bedroom homes in Cambridge over the last 30 days (October 27 - November 25) stood at 113.0%, up from 64.6% over the previous 30 days (September 27 - October 26) and up from 95.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Cambridge stood at 19 days when successfully sold over the last 30 days (October 27 - November 25), compared to 28 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Miracle Realty Ltd
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