176 Lumb Dr

Cambridge, N1T 1P3
FOR SALE
$1,279,000
176 Lumb Dr, Cambridge
176 Lumb Dr
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
8
ROOMS
X9377411
MLSID
Contact Us
Property Description
Welcome To This Exquisite Luxury-Style Home Situated On A Premium Lot (55x119 Ft). This Lot Offers Endless Possibilities For Outdoor Living, Including A Pool, Garden, Or Recreation Area, Making It A True Gem For Those Seeking Both Luxury And Space. Elegantly Designed, This One-Year Old, Double Garage House Offers Approx 2,419 Sq Ft Of Area Above Grade. Basement Has A Separate Entrance, Adding To The Home's Versatility. The Second-Floor Laundry Reduces Hassle And Improving Daily Living Efficiency. Separate Dining And Living Areas Afford The Luxury Of Entertaining Guests Or Enjoying Family Meals Without Interruption. Each Of The Four Spacious Bedrooms Provides Ample Room. This Beautiful Home Is Conveniently Located Just 7 Mins From Downtown, 5 Mins Cambridge Center, 2 Mins From Your Everyday Needs, And Near Top-Rated Schools And Trail Routes.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-13 2024-08-29 77 $1,269,000 - Terminated
2024-06-03 2024-06-11 8 $1,199,000 - Terminated
2023-04-14 2023-05-16 10 $3,500 $3,500 Leased
Extras
This Ideal Location Offers A Fine Blend Of Huge Lot Size With A New Home Under Warranty And Proximity To Amenities And Tranquility. Best Suited For Quality-Conscious Families Who Desire Comfort, Luxury, And Convenience In A Prime Location.
Property Features
Hospital, Library, Park, Public Transit, School
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
55' x 119'
Acreage
< .50
Fronting
South
Taxes
$2,800 (2023)
Basement
Full, Sep Entrance
Exterior
Brick Front, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Great RmMain15.09' x 12.60'Fireplace, Hardwood Floor
DiningMain14.99' x 12.60'Hardwood Floor
KitchenMain8.79' x 12.40', Stainless Steel Appl
BreakfastMain9.81' x 12.40'Ceramic Floor, W/O To Yard
Prim Bdrm2nd14.11' x 18.11'5 Pc Ensuite, W/I Closet, Broadloom
2nd Br2nd12.01' x 14.11'Broadloom
3rd Br2nd10.40' x 12.40'Broadloom
4th Br2nd9.97' x 12.01'
Cambridge Market Statistics
Cambridge Price Trend
176 Lumb Dr is a 4-bedroom 3-bathroom home listed for sale at $1,279,000, which is $359,000 (39.0%) higher than the average sold price of $920,000 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 4 bedroom home in Cambridge declined by $25,000 (2.6%) compared to the previous 30 day period (September 27 - October 26) and down $7,500 (0.8%) from the same time one year ago.
Inventory Change
There were 28 4-bedroom homes listed in Cambridge over the last 30 days (October 27 - November 25), which is down 31.7% compared with the previous 30 day period (September 27 - October 26) and up 7.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Cambridge typically sold ($12,499) (1.4%) below asking price over the last 30 days (October 27 - November 25), which represents a $10,099 decrease compared to the previous 30 day period (September 27 - October 26) and ($1,500) 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 4-bedroom homes in Cambridge over the last 30 days (October 27 - November 25) stood at 57.1%, up from 48.8% over the previous 30 days (September 27 - October 26) and down from 57.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Cambridge stood at 22 days when successfully sold over the last 30 days (October 27 - November 25), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Ipro Realty Ltd
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