408 Guelph Ave 6
Cambridge, N3C 0H3
FOR SALE
$499,999
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BEDROOMS2
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Property Description
Exciting Opportunity for First-Time Home Buyers and Investors! Step into this bright and spacious 3-bedroom, 2-bathroom stacked townhouse, located in the Tranquil Mill House Complex. This home boasts an open-concept layout with soaring 9-foot ceilings and high-end finishes throughout. Engineered maple hardwood floors grace the expansive living and dining area, with large windows and garden doors that fill the home with natural light. A rare find, this three-bedroom unit offers 2 dedicated parking spots and private garbage disposal service, ensuring convenience and ease of living. The stylish eat-in kitchen is a centerpiece, featuring trendy two-tone cabinetry, stainless steel appliances, and a stunning granite stone countertop. The Zebra blinds throughout add an elegant finishing touch. Ideal for those seeking a balance of comfort, style, and convenience, this home is nestled in a quiet, family-friendly neighborhood with close proximity to trails, beautiful parks, and schools such as St. Gabriel Catholic Elementary School and Silverheights Public School. Commuters will appreciate the easy access to highways and the 401, and you'll be just minutes away from shopping and dining on Queen St W & Hespeler Rd.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-17 | 2024-10-12 | 25 | $559,900 | - | Terminated |
| 2024-09-17 | 2024-10-08 | 21 | $559,900 | - | Suspended |
| 2022-10-12 | 2022-10-25 | 13 | $2,300 | $2,300 | Leased |
| 2022-09-27 | 2022-10-26 | 29 | $570,000 | - | Terminated |
| 2022-09-08 | 2022-09-27 | 19 | $575,000 | - | Terminated |
| 2022-04-06 | 2022-04-18 | 12 | $579,000 | $665,000 | Sold |
| 2019-06-19 | 2019-10-10 | 114 | $419,990 | $419,990 | Sold |
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Property Details
Street
City
Property Type
Condo Townhouse, Stacked Townhse
Approximate Sq.Ft.
1200-1399
Taxes
$3,829 (2024)
Basement
None
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Parking 1
Owned
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Breakfast | Lower | 10.07' x 3.08' | |
| Living | Lower | 14.17' x 20.18' | |
| Prim Bdrm | Lower | 9.84' x 13.68' | |
| Br | Lower | 12.07' x 12.24' | |
| Br | Lower | 10.24' x 10.24' |
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Cambridge Market Statistics
Cambridge Price Trend
408 Guelph Ave 6 is a 3-bedroom 2-bathroom townhome listed for sale at $499,999, which is $152,696 (23.4%) lower than the average sold price of $652,695 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom townhome in Cambridge declined by $58,105 (8.2%) compared to the previous 30 day period (September 1 - September 30) and down $4,714 (0.7%) from the same time one year ago.Inventory Change
There were 39 3-bedroom townhomes listed in Cambridge over the last 30 days (October 1 - October 30), which is down 4.9% compared with the previous 30 day period (September 1 - September 30) and down 17.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Cambridge typically sold ($1,800) (0.3%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,690 increase compared to the previous 30 day period (September 1 - September 30) and $8,372 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 (October 1 - October 30) stood at 51.3%, up from 24.4% over the previous 30 days (September 1 - September 30) and up from 23.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom townhome in Cambridge stood at 21 days when successfully sold over the last 30 days (October 1 - October 30), compared to 46 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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