755 Linden Dr 61
Cambridge, N3H 0E4
FOR SALE
$659,900
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BEDROOMS2
BATHROOMS1
KITCHENS6
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Property Description
This townhouse in the desirable Preston Heights community is perfect for first-time buyers or investors. The kitchen features a quartz countertop, stylish backsplash, and stainless steel appliances (dishwasher, stove, fridge). Pot lights throughout, plus a walk-out to a private balcony. Located on a quiet street, just minutes to Cambridge Centre, Conestoga University, Southworks Mall, and Hwy 401. Waterloo University is also just a short drive away.
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Property Details
Street
City
Property Type
Condo Townhouse, 3-Storey
Approximate Sq.Ft.
1400-1599
Taxes
$4,759 (2023)
Basement
Finished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Built-In
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Cambridge Market Statistics
Cambridge Price Trend
755 Linden Dr 61 is a 2-bedroom 2-bathroom townhome listed for sale at $659,900, which is $119,266 (15.3%) lower than the average sold price of $779,166 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 2 bedroom townhome in Cambridge increased by $145,833 (23.0%) compared to the previous 30 day period (September 27 - October 26) and up $134,166 (20.8%) from the same time one year ago.Inventory Change
There were 9 2-bedroom townhomes listed in Cambridge over the last 30 days (October 27 - November 25), which is up 200.0% compared with the previous 30 day period (September 27 - October 26) and up 125.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Cambridge typically sold $46,166 (5.9%) above asking price over the last 30 days (October 27 - November 25), which represents a $49,482 increase compared to the previous 30 day period (September 27 - October 26) and ($24,999) 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 townhomes in Cambridge over the last 30 days (October 27 - November 25) stood at 33.3%, down from 200.0% over the previous 30 days (September 27 - October 26) and down from 75.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Cambridge stood at 29 days when successfully sold over the last 30 days (October 27 - November 25), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Gold Realty Inc.
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