52 Lumb Dr
Cambridge, N1T 1W6
FOR SALE
$1,069,900

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Property Description
Welcome to your dream home! This exquisite 2147 Sqft of detached residence is just 1 year old. This Brick & Stone Detached Home is located in a Prime Location of Cambridge. 5 minutes from the Hwy 401, 40 Minutes from Brampton and 30 Mins to Mississauga. Step into a bright and airy Separate LIVING AND DINING SPACE, enhanced by large windows and gleaming engineered Hardwood floors. The gourmet Kitchen boasts Quartz Countertops, a spacious BREAKFAST AREA, and direct access to a charming patio perfect for morning coffee or entertaining guests. A beautifully crafted stained oak staircase leads to the upper level, where the luxurious primary suite awaits, complete with a walk-in closet and a spa-like 4-piece ensuite. 3 additional generously sized bedrooms offer ample closet space, complemented by the convenience of an upper-floor Laundry Room. Designed with both comfort and functionality in mind, this home includes a Separate Entrance to Basement, a robust 200 AMP electrical panel, an electric vehicle rough-in in the garage, and large basement windows that bathe the lower level in natural light. Ideally situated in a prime location, this home offers an unmatched living experience. Don't miss the opportunity to make it yours!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-09-08 | 2023-10-20 | 42 | $3,599 | - | Terminated |
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Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
35' x 118'
Acreage
< .50
Fronting
East
Taxes
$6,840 (2024)
Basement
Sep Entrance, Unfinished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 13.32' x 23.33' | Hardwood Floor, Large Window, Pot Lights |
Dining | Main | 13.32' x 23.33' | Hardwood Floor, Large Window, Pot Lights |
Breakfast | Main | 8.99' x 10.99' | Porcelain Floor, W/O To Patio |
Kitchen | Main | 8.66' x 10.99' | Porcelain Floor, B/I Appliances |
Prim Bdrm | 2nd | 11.65' x 17.81' | 4 Pc Ensuite, W/I Closet |
2nd Br | 2nd | 10.01' x 13.65' | Closet |
3rd Br | 2nd | 10.01' x 12.83' | Closet |
4th Br | 2nd | 8.99' x 11.48' | Closet |
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Cambridge Market Statistics
Cambridge Price Trend
52 Lumb Dr is a 4-bedroom 3-bathroom home listed for sale at $1,069,900, which is $128,713 (13.7%) higher than the average sold price of $941,187 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Cambridge declined by $125,313 (11.7%) compared to the previous 30 day period (December 22 - January 20) and down $47,851 (4.8%) from the same time one year ago.Inventory Change
There were 35 4-bedroom homes listed in Cambridge over the last 30 days (January 21 - February 19), which is up 45.8% compared with the previous 30 day period (December 22 - January 20) and up 40.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Cambridge typically sold $33,781 (3.6%) above asking price over the last 30 days (January 21 - February 19), which represents a $58,781 increase compared to the previous 30 day period (December 22 - January 20) and ($16,915) 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 4-bedroom homes in Cambridge over the last 30 days (January 21 - February 19) stood at 45.7%, up from 29.2% over the previous 30 days (December 22 - January 20) and down from 104.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Cambridge stood at 10 days when successfully sold over the last 30 days (January 21 - February 19), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Services Inc.
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