740 Rose St
Cambridge, N3H 2E9
FOR SALE
$699,900

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Property Description
Location...Location...Location...Well kept bungalow located in a highly sought after neighbourhood in South Preston. Main floor features a large living room with fireplace, 2 bedrooms (one bedroom is being used as a dining room), eat-in kitchen with white cabinetry, stainless steel appliances and movable island. There is a 4 season sunroom with gas stove, now being used as a home office. Its a great "flex" space, the previous owner used it as a main floor family room. Attached garage with inside entry, garage door opener, its insulated and has hydro (230 amp plug). The basement features a 3rd bedroom, 3 piece bathroom (combined with laundry), small office area and a L-shaped rec room with gas stove. The backyard is huge and very private. Fully fenced and features a stone patio area, insulated workshop 12 X 12 X 14 with hydro and a 10 X 10 garden shed. Lots of updates: furnace 2012, roof shingles 2016,vinyl windows throughout, extra insulation in attic area, leaf gutter system and hydro is breakers. Water softener and water heater are both owned. The location is amazing! Its quiet and only a block or two from Preston High School, St. Joseph School, parks and beautiful walking trails along the river. Handy to shopping, restaurants, churches and Hwy 401.
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Property Features
Park, Place Of Worship, Public Transit, River/Stream, School
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Property Details
Street
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
49' x 159'
Fronting
West
Taxes
$4,037 (2024)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 13.91' x 16.57' | |
Kitchen | Main | 11.91' x 12.40' | |
Prim Bdrm | Main | 10.40' x 10.83' | |
2nd Br | Main | 9.15' x 11.52' | |
Office | Main | 11.25' x 15.09' | Gas Fireplace |
Bathroom | Main | 4.27' x 4.27' | 4 Pc Bath |
3rd Br | Bsmt | 9.84' x 11.75' | |
Bathroom | Bsmt | 11.81' x 14.11' | Combined W/Laundry |
Rec | Bsmt | 9.91' x 26.57' | Gas Fireplace |
Office | Bsmt | 6.82' x 15.58' |
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Cambridge Market Statistics
Cambridge Price Trend
740 Rose St is a 2-bedroom 2-bathroom home listed for sale at $699,900, which is $4,766 (0.7%) lower than the average sold price of $704,666 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Cambridge declined by $45,334 (6.0%) compared to the previous 30 day period (December 22 - January 20) and up $57,848 (8.9%) from the same time one year ago.Inventory Change
There were 8 2-bedroom homes listed in Cambridge over the last 30 days (January 21 - February 19), which is up 300.0% compared with the previous 30 day period (December 22 - January 20) and down 27.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Cambridge typically sold $62,000 (8.8%) above asking price over the last 30 days (January 21 - February 19), which represents a $62,000 increase compared to the previous 30 day period (December 22 - January 20) and $25,181 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 homes in Cambridge over the last 30 days (January 21 - February 19) stood at 37.5%, down from 250.0% over the previous 30 days (December 22 - January 20) and down 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 home in Cambridge stood at 14 days when successfully sold over the last 30 days (January 21 - February 19), 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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