296 Ridge Rd
Cambridge, N3E 0B9
FOR SALE
$1,499,990

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Property Description
Stunning 4-Bedroom Home in Cambridge Zinnia Model. Welcome to this exquisite 4-bedroom, 3.5-bathroom detached home in one of Cambridges most sought-after communities! This popular Zinnia model offers 3,471 sq. ft. of beautifully designed living space on a 43 ft. frontage lot, featuring 9-foot smooth ceilings on both levels for an open and airy feel.Main Features: Spacious & Functional Layout: A well-appointed home office and hardwood flooring throughout the main level and upper hallway. Elegant Living Spaces: The family room boasts a stunning coffered ceiling, adding a touch of sophistication and character to the space. Chefs Dream Kitchen: Upgraded with granite countertops, a large breakfast island, and abundant cabinetry. Equipped with premium built-in KitchenAid stainless steel appliances. Luxurious Primary Suite: Showcasing a 10-foot tray ceiling for an added touch of elegance. Features his & her walk-in closets, a spa-like ensuite with a double vanity, pedestal tub, and a glass-enclosed shower. Spacious Bedrooms & Baths: All four bedrooms have walk-in closets, and one additional bedroom also features a glass-enclosed shower for added convenience.Exterior & Location: Ample Parking: A large driveway accommodates 3 cars, plus an additional 2-car garage for extra convenience. Prime Location: Just 5 minutes from Costco, Home Depot, Walmart, Top Restaurants and Major Highways including Highway 401, Kitchener Airport, Hospital and a Provincial Park are only minutes away. Nestled in a Family Friendly Neighborhood this home seamlessly blends modern upgrades, comfort, and unbeatable convenience. Dont miss this opportunity schedule your showing today!
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
43' x 103'
Fronting
East
Taxes
$8,466 (2024)
Basement
Unfinished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Dining | Main | 14.76' x 13.02' | Tile Floor, Coffered Ceiling |
Living | Main | 11.98' x 15.91' | Hardwood Floor |
Kitchen | Main | 19.49' x 17.09' | Ceramic Floor, Granite Counter |
Breakfast | Main | 19.49' x 17.09' | Ceramic Floor |
Prim Bdrm | 2nd | 16.37' x 17.39' | W/I Closet, Ensuite Bath |
2nd Br | 2nd | 13.39' x 12.60' | W/I Closet, Large Window |
3rd Br | 2nd | 10.86' x 14.67' | W/I Closet |
4th Br | 2nd | 11.48' x 11.68' | W/I Closet |
Family | 2nd | 14.44' x 11.68' | |
Great Rm | Main | 14.11' x 15.09' | Gas Fireplace, W/O To Yard |
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Cambridge Market Statistics
Cambridge Price Trend
296 Ridge Rd is a 4-bedroom 4-bathroom home listed for sale at $1,499,990, which is $558,803 (59.4%) higher than the average sold price of $941,187 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Cambridge declined by $125,313 (11.7%) compared to the previous 30 day period (December 22 - January 20) and down $47,851 (4.8%) from the same time one year ago.Inventory Change
There were 35 4-bedroom homes listed in Cambridge over the last 30 days (January 21 - February 19), which is up 45.8% compared with the previous 30 day period (December 22 - January 20) and up 40.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Cambridge typically sold $33,781 (3.6%) above asking price over the last 30 days (January 21 - February 19), which represents a $58,781 increase compared to the previous 30 day period (December 22 - January 20) and ($16,915) 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 4-bedroom homes in Cambridge over the last 30 days (January 21 - February 19) stood at 45.7%, up from 29.2% over the previous 30 days (December 22 - January 20) and down from 104.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Cambridge stood at 10 days when successfully sold over the last 30 days (January 21 - February 19), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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