302 Newman Dr

Cambridge, N1S 0E1
FOR SALE
$984,999
302 Newman Dr, Cambridge
302 Newman Dr
302 Newman Dr
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302 Newman Dr
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
X11991951
MLSID
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Property Description
Stunning 4-Bedroom Detached Home | Walkout Basement | Ravine & Pond Views Discover this exquisite 1-year-old single detached home, offering 4 bedrooms, 3 bathrooms, and a walkout basement, all set on a premium lot backing onto a scenic ravine and pond. This beautifully designed residence combines modern elegance with natural beauty, creating the perfect setting for comfortable family living. 7 Reasons You Should Buy This House: Spacious & Elegant Layout Thoughtfully designed open-concept living and dining areas with large windows for abundant natural light. Gourmet Kitchen Featuring high-end appliances, sleek cabinetry, and ample storage.4 Bedrooms & 3 Bathrooms Well-appointed bedrooms and contemporary bathrooms designed for luxury and comfort. Walkout Basement A versatile space with endless potential for additional living areas or an income-generating suite. Premium Lot with Breathtaking Views Enjoy stunning, unobstructed views of the ravine and pond from your backyard. Just a 7-minute drive from Highway 401, ensuring convenience and connectivity. Modern & Energy-Efficient Built to the latest standards with smart home features and high-quality finishes. Prime Location: Nestled in a peaceful community, this home offers easy access to top-rated schools, parks, walking trails, and shopping centers. Dont miss this rare opportunity!
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
30' x 98'
Fronting
East
Taxes
$6,341 (2025)
Basement
Unfinished, W/O
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
DiningGround10.99' x 13.48'
KitchenGround10.99' x 10.37'
BreakfastGround8.99' x 10.37'
LivingGround17.06' x 10.99'
Br2nd12.99' x 12.99'
2nd Br2nd13.19' x 10.50'
3rd Br2nd13.29' x 10.70'
4th Br2nd10.99' x 9.78'
Cambridge Market Statistics
Cambridge Price Trend
302 Newman Dr is a 4-bedroom 3-bathroom home listed for sale at $984,999, which is $43,812 (4.7%) 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 3-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 Save Max First Choice Real Estate Inc.
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