172 Melran Dr

Cambridge, N3C 4C6
FOR SALE
$999,000
172 Melran Dr, Cambridge
172 Melran Dr
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3 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
9 + 1
ROOMS
X9369756
MLSID
Contact Us
Property Description
Welcome to this stunning 3 bedroom move-in ready detached home which is located in the highly sought-after Hespeler area. This house is as good as brand new, it has been totally renovated top to bottom. It offers the utmost convenience like few minutes to 401, close to parks, conservation areas, and scenic trails. It is close to the top-rated schools with bus right at the doorstep. It welcomes you with an open-concept living space that flows seamlessly into a newly upgraded kitchen, featuring quartz countertops, stainless steel appliances, and direct access to the backyard. Harwood throughout the house and modern light fixtures throughout. The upper level boasts 3 spacious bedrooms including a luxurious master Ensuite. Basement is fully finished with a bedroom and a separate Entrance. Perfect home to raise a Family !!
Property Details
Street
Property Type
Detached, 2-Storey
Lot Size
29' x 116'
Fronting
South
Taxes
$6,285 (2024)
Basement
Apartment, Fin W/O
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain17.49' x 16.50'Hardwood Floor, Window
KitchenMain8.99' x 20.01'Hardwood Floor, Granite Counter
DiningMain10.01' x 8.99'Hardwood Floor
Family2nd25.00' x 10.50'Window, Hardwood Floor
Br2nd16.99' x 8.99'Hardwood Floor
2nd Br2nd16.99' x 8.99'Hardwood Floor
3rd Br2nd12.01' x 14.99'Hardwood Floor
BrBsmt8.50' x 11.52'
LivingBsmt12.50' x 20.01'
Cambridge Market Statistics
Cambridge Price Trend
172 Melran Dr is a 3-bedroom 4-bathroom home listed for sale at $999,000, which is $212,749 (27.1%) higher than the average sold price of $786,251 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Cambridge increased by $45,689 (6.2%) compared to the previous 30 day period (September 1 - September 30) and up $4,224 (0.5%) from the same time one year ago.
Inventory Change
There were 84 3-bedroom homes listed in Cambridge over the last 30 days (October 1 - October 30), which is down 4.5% compared with the previous 30 day period (September 1 - September 30) and up 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Cambridge typically sold ($2,265) (0.3%) below asking price over the last 30 days (October 1 - October 30), which represents a $9,831 decrease compared to the previous 30 day period (September 1 - September 30) and $11,658 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 1 - October 30) stood at 61.9%, up from 58.0% over the previous 30 days (September 1 - September 30) and down from 66.1% 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 17 days when successfully sold over the last 30 days (October 1 - October 30), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Green Realty Inc.
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