124 Lumb Dr

Cambridge, N1T 0E7
FOR SALE
$1,119,967
124 Lumb Dr, Cambridge
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4 + 2
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
7 + 3
ROOMS
X11960092
MLSID
Contact Us
Property Description
Welcome To This Beautifully Upgraded 1-Year-Old Fully Brick Detached Home In A Prime Cambridge Location, Just 5 Minutes From The Hwy 401 Townline Road Exit 286 And A 30-Minute Drive To Mississauga. This Spacious Home Features 4+2 Bedrooms And 4 Bathrooms, Offering Ample Space For A Growing Family. The Interior Is Freshly Painted And Showcases Upgraded Hardwood Flooring On The Main Level And Second-Floor Hallway, Complemented By Smooth Ceilings Throughout. Elegant Shaker-Style Doors And Bevel Step Baseboard Enhance The Modern Design, While Pot Lights Add Warmth And Sophistication. The Upgraded Kitchen Boasts Quartz Countertops, Stainless Steel Appliances, And Plenty Of Cabinetry, Making It Perfect For Entertaining. A Legal Finished Basement, Currently Rented For $1,800/Month, Provides An Excellent Investment Opportunity Or Additional Living Space. Situated On A Premium Pie-Shaped Lot With A 40-Ft Wide Backyard, This Home Offers Extra Outdoor Space And Fantastic Curb Appeal. With Its High-End Upgrades, Fantastic Layout, And Unbeatable Location, This Home Is A Must-See! Book
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-12-04 2025-02-02 60 $3,100 - Expired
2023-11-02 2023-12-13 41 $3,250 - Suspended
Property Details
Street
Property Type
Detached, 2-Storey
Lot Size
28' x 123'
Lot Irregularities
27.92ft.41.07 ft x 123.02 ft x 118.31 ft
Fronting
South
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain10.99' x 23.10'Hardwood Floor, Pot Lights, Combined W/Dining
DiningMain10.99' x 23.10'Hardwood Floor, Pot Lights, Combined W/Living
KitchenMain8.79' x 10.99'Tile Floor, Quartz Counter
BreakfastMain8.79' x 9.97'Tile Floor, Pot Lights
Prim Bdrm2nd11.09' x 17.98'Broadloom, 6 Pc Ensuite
2nd Br2nd10.37' x 11.58'Broadloom, Closet
3rd Br2nd9.78' x 13.78'Broadloom, Closet, Window
4th Br2nd10.37' x 12.80'Broadloom, Closet, Window
KitchenBsmt7.09' x 7.97'Vinyl Floor, Quartz Counter
LivingBsmt10.50' x 15.98'Vinyl Floor, Window
5th BrBsmt7.28' x 11.09'Vinyl Floor, Window
BrBsmt8.40' x 12.37'Vinyl Floor, Window
Cambridge Market Statistics
Cambridge Price Trend
124 Lumb Dr is a 4-bedroom 4-bathroom home listed for sale at $1,119,967, which is $178,780 (19.0%) higher than the average sold price of $941,187 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Cambridge declined by $125,313 (11.7%) compared to the previous 30 day period (December 22 - January 20) and down $47,851 (4.8%) from the same time one year ago.
Inventory Change
There were 35 4-bedroom homes listed in Cambridge over the last 30 days (January 21 - February 19), which is up 45.8% compared with the previous 30 day period (December 22 - January 20) and up 40.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Cambridge typically sold $33,781 (3.6%) above asking price over the last 30 days (January 21 - February 19), which represents a $58,781 increase compared to the previous 30 day period (December 22 - January 20) and ($16,915) 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 (January 21 - February 19) stood at 45.7%, up from 29.2% over the previous 30 days (December 22 - January 20) and down from 104.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Cambridge stood at 10 days when successfully sold over the last 30 days (January 21 - February 19), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Real Estate Centre Inc.
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