41 Kovac Rd

Cambridge, N1R 4N1
FOR SALE
$755,000
41 Kovac Rd, Cambridge
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3 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
7 + 2
ROOMS
X11898753
MLSID
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Property Description
Move-In Ready! This beautifully renovated home is the perfect blend of modern updates and convenient living. Featuring a separate entrance to the basement, it offers excellent potential for an in-law suite or a private rental unit, providing added flexibility for extended family or additional income.Nestled in a mature, peaceful neighbourhood, the home is ideally located in a family-friendly community where you'll enjoy both privacy and accessibility. You'll be within walking distance to highly-rated schools, the YMCA, parks, and Cambridge Mall, along with a wide range of other shops and services. Whether you're looking to enjoy local parks, get a workout at the YMCA, or run errands at the mall, everything you need is just a short stroll away.Public transit is right at your doorstep, making commuting a breeze, and access to Highway 401 is only minutes away, offering quick connections to the rest of the city and beyond.The large, private backyard is a true highlight, offering endless possibilities for outdoor living whether you want to create a garden oasis, set up a play area for the kids, or entertain guests. With plenty of space, this yard can be tailored to fit your needs and lifestyle.This home provides an excellent opportunity for those looking to settle in a quiet, well-established neighbourhood, with easy access to all the amenities you could need. Move right in and start enjoying all the advantages of this fantastic location!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-12-20 2025-01-17 28 $755,000 - Suspended
2022-08-09 2022-09-14 36 $759,900 $730,000 Sold
2022-07-15 2022-08-09 25 $799,900 - Terminated
2022-07-04 2022-07-15 11 $849,900 - Terminated
Extras
Rough in for the washroom In the basement.Entirely carpet free throughout.New AC as of 2023.Washer and dryer new as of 2022.Fridge, stove, dishwasher new as of 2021. Owned hwt new as of 2023, furnace 2023.This property has no rental items.
Property Details
Street
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
41' x 121'
Fronting
East
Taxes
$3,892 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain10.89' x 17.32'Laminate
KitchenMain7.97' x 10.17'Laminate
DiningMain10.50' x 10.01'Laminate
Prim BdrmMain11.71' x 11.65'Laminate
2nd BrMain7.87' x 11.61'Laminate
3rd BrMain8.69' x 11.55'Laminate
BathroomMain7.38' x 5.09'Tile Floor, 4 Pc Bath
BrLower13.29' x 10.60'Laminate
FamilyLower14.70' x 28.90'
Cambridge Market Statistics
Cambridge Price Trend
41 Kovac Rd is a 3-bedroom 1-bathroom home listed for sale at $755,000, which is $285,658 (60.9%) higher than the average sold price of $469,342 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Cambridge declined by $254,585 (35.2%) compared to the previous 30 day period (November 19 - December 18) and down $294,798 (38.6%) from the same time one year ago.
Inventory Change
There were 30 3-bedroom homes listed in Cambridge over the last 30 days (December 19 - January 17), which is down 46.4% compared with the previous 30 day period (November 19 - December 18) and up 42.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Cambridge typically sold $2,078 (0.4%) above asking price over the last 30 days (December 19 - January 17), which represents a $4,019 increase compared to the previous 30 day period (November 19 - December 18) and ($14,088) 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 3-bedroom homes in Cambridge over the last 30 days (December 19 - January 17) stood at 646.7%, up from 98.2% over the previous 30 days (November 19 - December 18) and up from 119.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Cambridge stood at 17 days when successfully sold over the last 30 days (December 19 - January 17), compared to 38 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd.
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