227 Grand Ridge Dr

Cambridge, N1S 4W7
FOR SALE
$799,000
227 Grand Ridge Dr, Cambridge
227 Grand Ridge Dr
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4
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
7 + 2
ROOMS
X8206760
MLSID
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Property Description
Outstanding 2-story, 4-bedroom, 2-bathroom family residence featuring a fully finished basement rented out separately. Well-designed layout with new flooring and trim throughout. The main level boasts a bright and spacious open concept, including a generous foyer, living room, and an oversized kitchen-dining area equipped with stainless steel appliances and access to a raised deck. On the second level, you'll find a sizable master bedroom, a 4-piece bathroom, and bedrooms 2, 3, and 4. The basement has a separate entrance leading to the studio suite, complete with a galley kitchen and a 3-piece bathroom. Interior access to the attached garage is also available. Situated on a large, fully fenced 50' x 100' lot with a hobby garden. This move-in-ready home is located in a tranquil neighborhood close to schools and downtown Cambridge
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-09-08 2022-10-06 28 $799,900 $750,000 Sold
2022-09-08 2022-10-06 28 $799,900 $750,000 Sold
2022-09-08 2022-10-06 28 $799,900 $750,000 Sold
2022-09-08 2022-10-06 28 $799,900 $750,000 Sold
Property Details
Property Type
Detached, 2-Storey
Lot Size
49' x 100'
Fronting
West
Taxes
$4,080 (2023)
Basement
Fin W/O, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain12.01' x 14.99'
DiningMain10.99' x 12.01'
KitchenMain10.99' x 12.01'
Prim Bdrm2nd10.99' x 22.01'
2nd Br2nd10.01' x 10.01'
3rd Br2nd10.01' x 10.01'
4th Br2nd10.01' x 10.01'
LivingBsmt12.99' x 16.01'
KitchenBsmt4.99' x 10.01'
Cambridge Market Statistics
Cambridge Price Trend
227 Grand Ridge Dr is a 4-bedroom 2-bathroom home listed for sale at $799,000, which is $178,205 (18.2%) lower than the average sold price of $977,205 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 4 bedroom home in Cambridge declined by $49,353 (4.8%) compared to the previous 30 day period (March 2 - March 31) and up $35,265 (3.7%) from the same time one year ago.
Inventory Change
There were 41 4-bedroom homes listed in Cambridge over the last 30 days (April 1 - April 30), which is up 24.2% compared with the previous 30 day period (March 2 - March 31) and up 192.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Cambridge typically sold ($9,114) (0.9%) below asking price over the last 30 days (April 1 - April 30), which represents a $2,762 increase compared to the previous 30 day period (March 2 - March 31) and $10,000 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 (April 1 - April 30) stood at 82.9%, up from 51.5% over the previous 30 days (March 2 - March 31) and down from 114.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Cambridge stood at 48 days when successfully sold over the last 30 days (April 1 - April 30), compared to 92 days before being removed from the market upon being suspended or terminated.
Listing contracted with Flagship Realty Inc.
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