405 Myers Rd 50
Cambridge, N1R 6X7
FOR SALE
$469,900
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BEDROOMS2
BATHROOMS1
KITCHENS6
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Property Description
Welcome to 50-405 Myers Rd, Cambridge! This newly built, 2-story corner-unit stacked townhouse with TWO BALCONIES offers modern living with a touch of elegance. Perfectly designed for those who value style and convenience, this upper-level home is filled with natural light and boasts numerous upgrades throughout. Step into the open-concept main floor, where large windows illuminate the space and highlight the high ceilings. The contemporary kitchen is complete with stainless steel appliances, a large kitchen island with breakfast bar, plenty of cupboard space and large sliding doors that walk out to a private balcony. The living room is bright and airy, creating a warm and inviting atmosphere. The second level is home to two spacious bedrooms, the primary bedroom features ample closet space, a 3pc ensuite with stand up glass shower and walk out to another private balcony overlooking the complex. A 4pc main bathroom is also perfectly nestled on the second floor. One parking space, main floor laundry, low condo fees and the privacy of a corner unit are some added bonuses! Located in a sought-after East Galt neighbourhood, close to a wide range of amenities, including schools, parks, shopping, dining, public transit and easy access to Cambridge's downtown core, this property ensures all your needs are just moments away.
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Property Features
Park, Place Of Worship, Public Transit, School
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Property Details
Street
City
Property Type
Condo Townhouse, Stacked Townhse
Approximate Sq.Ft.
1000-1199
Taxes
$3,878 (2024)
Basement
None
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 13.81' x 11.78' | |
| Living | Main | 12.07' x 9.97' | |
| Br | 2nd | 10.10' x 8.92' | |
| Br | 2nd | 11.22' x 10.30' | |
| Bathroom | 2nd | 9.65' x 6.36' | 3 Pc Ensuite |
| Bathroom | 2nd | 11.22' x 10.30' | 4 Pc Bath |
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Cambridge Market Statistics
Cambridge Price Trend
405 Myers Rd 50 is a 2-bedroom 2-bathroom townhome listed for sale at $469,900, which is $119,193 (34.0%) higher than the average sold price of $350,707 in the last 30 days (December 14 - January 12). During the last 30 days the average sold price for a 2 bedroom townhome in Cambridge declined by $166,578 (32.2%) compared to the previous 30 day period (November 14 - December 13) and down $378,293 (51.9%) from the same time one year ago.Inventory Change
There were 8 2-bedroom townhomes listed in Cambridge over the last 30 days (December 14 - January 12), which is down 27.3% compared with the previous 30 day period (November 14 - December 13) and up 300.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Cambridge typically sold ($285) (0.1%) below asking price over the last 30 days (December 14 - January 12), which represents a $3,386 increase compared to the previous 30 day period (November 14 - December 13) and ($13,450) 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 2-bedroom townhomes in Cambridge over the last 30 days (December 14 - January 12) stood at 175.0%, up from 63.6% over the previous 30 days (November 14 - December 13) and up from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Cambridge stood at 20 days when successfully sold over the last 30 days (December 14 - January 12), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Diloreto & Co.
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