280 Cedar Cres

Cambridge, N1S 1X1
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280 Cedar Cres, Cambridge
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3
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
8 + 4
ROOMS
X8169870
MLSID
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Property Description
This spacious detached residence boasts 3+1 bedrooms, 1+1 bathrooms, and over 2200 square feet of living space across its upper and lower levels. Nestled on a generous lot, the property showcases a meticulously landscaped backyard with interlocked pathways, an expansive composite deck, and a charming sunroom. Inside, tasteful updates are evident throughout, featuring a suite of new Stainless steel kitchen appliances, 200 Amp electrical service, refreshed bathrooms with modern finishes, kitchens adorned with quartz countertops, and newly installed laminated flooring. Additionally, the home boasts fresh paint, a new driveway, and interlocking for added curb appeal. Double wide driveway for 6 car parking.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-07-21 2022-09-03 44 $899,000 - Terminated
Extras
Conveniently situated near amenities, directly opposite a school, within walking distance of a shopping plaza, and offering easy and quick access to the 401.Hot Water Tank Owned.
Property Features
Fenced Yard, Park, School
Property Details
Property Type
Detached, 1 1/2 Storey
Lot Size
60' x 134'
Acreage
< .50
Fronting
South
Taxes
$3,975 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
None
Cambridge Market Statistics
Cambridge Price Trend
280 Cedar Cres is a 3-bedroom 2-bathroom home listed for sale at $790,999, which is $12,203 (1.5%) lower than the average sold price of $803,202 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom home in Cambridge declined by $4,701 (0.6%) compared to the previous 30 day period (February 26 - March 26) and up $8,342 (1.0%) from the same time one year ago.
Inventory Change
There were 46 3-bedroom homes listed in Cambridge over the last 30 days (March 27 - April 25), which is up 2.2% compared with the previous 30 day period (February 26 - March 26) and up 7.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Cambridge typically sold $22,662 (2.8%) above asking price over the last 30 days (March 27 - April 25), which represents a $31,257 decrease compared to the previous 30 day period (February 26 - March 26) and $49,986 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 (March 27 - April 25) stood at 128.3%, up from 68.9% over the previous 30 days (February 26 - March 26) and up from 104.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Cambridge stood at 10 days when successfully sold over the last 30 days (March 27 - April 25), compared to 40 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Miracle Realty Ltd
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