178 Ripplewood Rd

Cambridge, N1R 5S2
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178 Ripplewood Rd, Cambridge
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3 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
10
ROOMS
X11907035
MLSID
Contact Us
Property Description
Attention Investors, Builders, Developers and Buyers: City approved permit to sever lot!! Welcome to 178 Ripplewood Road. Experience upscale country living on a sprawling 200x160 ft corner lot at the edge of the prestigious Hazel Glenn & Marquis neighbourhood in Southern Cambridge. This upgraded bungalow, located in a highly sought after neighbourhood, boasts 3+2 bedroom + 1 den, complete with 3 washrooms, fully upgraded kitchen including granite countertops, new fridge (2024), new dishwasher (2024), and new flooring extending to the mudroom and powder washroom. Fully renovated basement with its own stone fireplace, ideal for a home theater, gym, or studio unit with 2 bedrooms. This unique home is surrounded by mature maple and pine trees, offering a serene sanctuary perfect for nature enthusiasts, growing family, and grand events alike. Property offers significant investment potential -city water and sewer lines at the property line ready for hookup and an approved city permit to sever the lot or could be a great potential for redevelopment. This one is not to be missed!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-16 2025-01-03 79 $1,099,999 - Terminated
2021-04-20 2021-04-26 6 $1,050,000 $1,275,000 Sold
Extras
Culligan water filtration system and a new cast iron sump pump with dual battery-operated pump, hard-wired POE Lorex security camera system with night vision and remote app access, plus a front door system also accessible via a remote app.
Property Features
Cul De Sac, Public Transit, School Bus Route, Wooded/Treed
Property Details
Property Type
Detached, Bungalow
Lot Size
200' x 160'
Acreage
.50-1.99
Lot Irregularities
160.50 X 200.41 X 160.29 X 208.70
Fronting
East
Taxes
$7,408 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
8
Driveway
Private
Garage Type
Attached
Cambridge Market Statistics
Cambridge Price Trend
178 Ripplewood Rd is a 3-bedroom 3-bathroom home listed for sale at $1,275,000, which is $805,658 (171.7%) higher than the average sold price of $469,342 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Cambridge declined by $254,585 (35.2%) compared to the previous 30 day period (November 19 - December 18) and down $294,798 (38.6%) from the same time one year ago.
Inventory Change
There were 30 3-bedroom homes listed in Cambridge over the last 30 days (December 19 - January 17), which is down 46.4% compared with the previous 30 day period (November 19 - December 18) and up 42.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Cambridge typically sold $2,078 (0.4%) above asking price over the last 30 days (December 19 - January 17), which represents a $4,019 increase compared to the previous 30 day period (November 19 - December 18) and ($14,088) 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 3-bedroom homes in Cambridge over the last 30 days (December 19 - January 17) stood at 646.7%, up from 98.2% over the previous 30 days (November 19 - December 18) and up from 119.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Cambridge stood at 17 days when successfully sold over the last 30 days (December 19 - January 17), compared to 38 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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