46 Summerside Cres
Cambridge, N1R 5S2
FOR SALE
$899,900
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3 + 2
BEDROOMS2
BATHROOMS1
KITCHENS7 + 5
ROOMSX9508367
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Property Description
Welcome to 46 Summerside Crescent, a meticulously maintained 3+2 bedroom, 2 bathroom raised bungalow, lovingly owned by the same family for over 35 years. Nestled on a peaceful, sought-after street in Cambridge, this home is situated on a generous 1/3 acre lot, offering both space and tranquility. The main floor features a bright living room with a large, picturesque window, flooding the space with natural light. The kitchen is super functional, offering plenty of cabinetry, stone countertops, and a dining area with a walk-out to a patio overlooking the spacious backyard and inground salt water pool perfect for summer relaxation. The fully finished lower level boasts a large family room with a cozy gas fireplace and a walk-out to the backyard, providing excellent potential for an in-law suite. The home has seen several recent updates, including garage doors and a water softener (2024), shingles on the home, shed, and pool storage/workshop (2022), a new hot water tank (owned, replaced in 2022), and a heat pump and furnace (2023). The heated workshop provides great versatility for hobbies or additional storage. This energy-efficient home also features solar panels that provide net metering credit, offering savings on your energy bills (Info will be provided). With a double car garage, surface parking for up to six vehicles, a pool shed, and an additional storage shed, this property is ideal for both indoor and outdoor living. Don't miss the opportunity to call 46 Summerside Crescent home, this rare find offers comfort, updates, and incredible potential in one of Cambridge's most desirable locations!
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Property Features
Golf, Park, Place Of Worship, Public Transit, School
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Property Details
Street
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
700-1100
Lot Size
100' x 151'
Acreage
< .50
Fronting
South
Taxes
$5,438 (2024)
Basement
Fin W/O, Full
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 14.11' x 15.09' | |
Dining | Main | 8.83' x 9.68' | |
Bathroom | Main | 8.92' x 7.68' | 4 Pc Bath |
Prim Bdrm | Main | 10.60' x 11.52' | |
2nd Br | Main | 10.60' x 9.58' | |
3rd Br | Main | 10.01' x 12.17' | |
Family | Bsmt | 23.33' x 11.32' | Gas Fireplace, Large Window |
4th Br | Bsmt | 14.67' x 11.75' | Large Window |
5th Br | Bsmt | 9.68' x 7.35' | Large Window |
Bathroom | Bsmt | 6.33' x 8.50' | 3 Pc Bath |
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Cambridge Market Statistics
Cambridge Price Trend
46 Summerside Cres is a 3-bedroom 2-bathroom home listed for sale at $899,900, which is $113,649 (14.5%) higher than the average sold price of $786,251 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Cambridge increased by $45,689 (6.2%) compared to the previous 30 day period (September 1 - September 30) and up $4,224 (0.5%) from the same time one year ago.Inventory Change
There were 84 3-bedroom homes listed in Cambridge over the last 30 days (October 1 - October 30), which is down 4.5% compared with the previous 30 day period (September 1 - September 30) and up 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Cambridge typically sold ($2,265) (0.3%) below asking price over the last 30 days (October 1 - October 30), which represents a $9,831 decrease compared to the previous 30 day period (September 1 - September 30) and $11,658 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 (October 1 - October 30) stood at 61.9%, up from 58.0% over the previous 30 days (September 1 - September 30) and down from 66.1% 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 17 days when successfully sold over the last 30 days (October 1 - October 30), compared to 49 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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