Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $999,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Beautifully renovated with a fully legal, city-approved second dwelling unit (2022), this exceptional 5-bedroom home offers the rare combination of modern living, income potential, and outstanding flexibility. Sun-filled living spaces are complemented by premium hardwood flooring throughout the main and upper levels, updated millwork, modern lighting, and fresh professional paint, creating a timeless interior that is both elegant and inviting. At the heart of the home, the spacious kitchen offers abundant workspace and is enhanced by a newly installed dishwasher and reverse osmosis water filtration system. The legal lower-level suite is thoughtfully designed with a full kitchen, oversized above-grade windows, a private walkout, patio, and separate pathway, making it ideal for multi-generational living, extended family, or a premium rental opportunity. Step outside to a full-width deck (2022) overlooking a private backyard providing a peaceful setting for entertaining or quiet evenings outdoors. A rare 28-foot deep double garage comfortably accommodates two full-size pickup trucks while still offering generous space for a workshop, hobbies, or additional storage. Its added depth also enhances the home's curb appeal by positioning the residence farther back from the street. Significant recent improvements include a newer roof, professionally painted exterior, and extensive concrete work across the driveway, side yard, and backyard (2022/2023). Thoughtfully updated throughout and complete with a legal second suite, this move-in-ready home offers exceptional flexibility, enduring quality, and lasting value. *Measurements as per Iguide with total exterior area above grade.
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School, Place Of Worship
Accessory Apartment, In-Law Suite
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 182 Kerwood Drive, Cambridge, ON N3C 4H7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cambridge.
About Purchasing a Home in Cambridge, ON
For a property listed at $999,000 in Cambridge, the legal minimum down payment is $74,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,455 for this transaction. As this listing is in Cambridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.