197 Queen St E
Cambridge, N3C 2B3
FOR SALE
$850,000
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Property Description
Delightful two-storey detached stone home, beautifully situated on the edge of the peaceful Mill Pond in Hespeler. Enjoy the tranquility of nature without sacrificing the perks of city living! Boasting over 1500 square feet of finished living space on the upper levels, this home offers the perfect blend of comfort and charm. The main floor includes a spacious living room, a dedicated dining area, a kitchen, a home office, and a full bathroom. Upstairs, you'll find two large bedrooms, including a primary bedroom with gorgeous vaulted ceilings. The second bedroom offers a breathtaking view of Mill Pond, and both rooms have direct access to the full bathroom. The finished basement holds great potential for an in-law suite. Ideally located near excellent schools like St. Benedict, Golf Collegiate, and Jacob Hespeler, as well as just a short drive from Hespeler Road with its wide range of restaurants, shopping, gyms, movie theatres, and grocery stores. Don't miss the opportunity to see this gem. Book your private showing today!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-01-09 | 2023-01-17 | 8 | $849,900 | - | Terminated |
2023-01-17 | 2023-04-04 | 77 | $699,900 | - | Expired |
2023-01-09 | 2023-01-17 | 8 | $849,900 | - | Terminated |
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
45' x 93'
Fronting
North
Taxes
$2,500 (2024)
Basement
Finished
Exterior
Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 16.34' x 10.93' | |
Dining | Main | 12.93' x 8.83' | |
Kitchen | Main | 11.68' x 11.32' | |
Office | Main | 8.33' x 8.43' | |
Prim Bdrm | 2nd | 13.09' x 20.41' | |
2nd Br | 2nd | 8.60' x 20.41' | |
Rec | Bsmt | 10.01' x 13.58' | |
Kitchen | Bsmt | 7.91' x 11.42' |
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Cambridge Market Statistics
Cambridge Price Trend
197 Queen St E is a 2-bedroom 3-bathroom home listed for sale at $850,000, which is $145,334 (20.6%) higher than the average sold price of $704,666 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 2 bedroom home in Cambridge increased by $306,104 (76.8%) compared to the previous 30 day period (December 20 - January 18) and up $57,848 (8.9%) from the same time one year ago.Inventory Change
There were 8 2-bedroom homes listed in Cambridge over the last 30 days (January 19 - February 17), which is up 300.0% compared with the previous 30 day period (December 20 - January 18) and down 27.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Cambridge typically sold $62,000 (8.8%) above asking price over the last 30 days (January 19 - February 17), which represents a $61,775 increase compared to the previous 30 day period (December 20 - January 18) and $25,181 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 2-bedroom homes in Cambridge over the last 30 days (January 19 - February 17) stood at 37.5%, down from 1,600.0% over the previous 30 days (December 20 - January 18) and down from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Cambridge stood at 14 days when successfully sold over the last 30 days (January 19 - February 17), compared to 51 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Woodbine Realty Inc.
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