40 Borden St E 1
Cambridge, N1S 3N2
FOR SALE
$479,900
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BEDROOMS1
BATHROOMS1
KITCHENS7
ROOMSX8252962
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Property Description
Attention All First First time Home buyers And Smart Investors. Take Note Of One Of The Lowest Priced Freehold Townhomes. (No Condo Fees )In Cambridge. This Three Bedroom Three Story Home Has Been Lovingly Cared For By The Same Tenants For The Last 10 Years .The dinette Has A Man Door Out to The Deck Giving Easy Access From The BBQ To The Table Home Is Carpet Free And Is Move In Ready
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Extras
Please Use RE/MAX Schedule B Attached. As per Form 244 offers to be reviewed Monday May 6th at 2pm
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Property Details
Street
City
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
18,050' x 184'
Acreage
< .50
Fronting
East
Basement
None
Exterior
Alum Siding, Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | 2nd | 43.01' x 45.93' | |
| Kitchen | 2nd | 26.25' x 33.46' | |
| Dining | 2nd | 29.53' x 40.03' | |
| Bathroom | 3rd | 13.12' x 16.40' | |
| Br | 3rd | 30.18' x 41.67' | |
| 2nd Br | 3rd | 32.81' x 32.81' | |
| 3rd Br | 3rd | 23.29' x 29.53' |
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Cambridge Market Statistics
Cambridge Price Trend
40 Borden St E 1 is a 3-bedroom 1-bathroom townhome listed for sale at $479,900, which is $205,731 (30.0%) lower than the average sold price of $685,631 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 3 bedroom townhome in Cambridge increased by $163 (0.0%) compared to the previous 30 day period (March 4 - April 2) and down $35,119 (4.9%) from the same time one year ago.Inventory Change
There were 56 3-bedroom townhomes listed in Cambridge over the last 30 days (April 3 - May 2), which is up 30.2% compared with the previous 30 day period (March 4 - April 2) and up 47.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Cambridge typically sold $16,131 (2.4%) above asking price over the last 30 days (April 3 - May 2), which represents a $9,644 increase compared to the previous 30 day period (March 4 - April 2) and $43,885 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 townhomes in Cambridge over the last 30 days (April 3 - May 2) stood at 67.9%, down from 74.4% over the previous 30 days (March 4 - April 2) and up from 52.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom townhome in Cambridge stood at 15 days when successfully sold over the last 30 days (April 3 - May 2), compared to 26 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Twin City Realty Inc.
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Check out this affordable, FREEHOLD town townhouse. NO condo fees, NO condo rules. This home is carpet free, has gas forced air heating and stainless steel appliances. The basement has a lot of potential with room for a rec. room and there is a partially finished 2 piece bathroom. Yard has a short fence on 2 sides with room to extend the driveway (if you want a 2nd parking spot). Convenienty situated on the end of a court, yet very handy to schools, shopping, parks, transit and quick and easy access to Hwy 401. Excellent property for an investor or a first time buyer. A great home to make it your own. Offers anytime (Not holding off offers).
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