40 Shaw Ave E
Cambridge, N3C 1E8
FOR SALE
$639,900
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Property Description
A rare opportunity to own a spacious all-brick home on a huge lot in the highly desirable, well-sought-after area of Hespeler. Featuring a classic Four Square design, this home boasts high ceilings, hardwood floors, and a welcoming front porch. Generous living and dining areas, a versatile loft, and numerous updates, including wiring and quartz kitchen counters, enhance its appeal. With two bathrooms and the potential to convert back to a four-bedroom layout, this home offers incredible flexibility. A double car garage and parking for six provide ample space. Located on a quiet dead-end street, just steps away from trails, schools, transit, amenities, and easy access to major highways.
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Property Details
Street
City
Property Type
Semi-Detached, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
62' x 135'
Fronting
South
Taxes
$4,148 (2025)
Basement
Unfinished
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
4
Garage Type
Detached
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Cambridge Market Statistics
Cambridge Price Trend
40 Shaw Ave E is a 3-bedroom 2-bathroom home listed for sale at $639,900, which is $113,100 (15.0%) lower than the average sold price of $753,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Cambridge increased by $31,334 (4.3%) compared to the previous 30 day period (December 22 - January 20) and up $42,699 (6.0%) from the same time one year ago.Inventory Change
There were 43 3-bedroom homes listed in Cambridge over the last 30 days (January 21 - February 19), which is up 26.5% compared with the previous 30 day period (December 22 - January 20) and up 87.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Cambridge typically sold ($6,579) (0.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $9,146 decrease compared to the previous 30 day period (December 22 - January 20) and $1,020 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 (January 21 - February 19) stood at 58.1%, up from 52.9% over the previous 30 days (December 22 - January 20) and down from 282.6% 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 14 days when successfully sold over the last 30 days (January 21 - February 19), compared to 51 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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