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Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $889,000 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.
This brand-new, one-year-old Cachet Detached home, set on a PREMIUM RAVINE lot in Westwood Village, blends Impeccable design with vibrant energy and breathtaking aesthetics. Spanning 1,867 sq. ft., this freehold property offers a mesmerizing pond view and features 9-foot smooth cellings throughout. The open-concept main floor highlights a chic kitchen with upgraded cabinets, granite countertops, and premium hardwood flooring, seamlessly connecting to a deck perfect for outdoor relaxation. The entrance welcomes you with a spacious foyer, a 2-plece a bath, and a bright living room. Upstairs, the primary bedroom boasts two large walk-in closets and an ensuite with double sinks and a glass shower, along with two additional generous bedrooms and a 3-piece bath. The lookout basement is ready for your personal touch, complete a rough-in for a 3-plece bathroom. Ideally located near Highway 401 and shopping centers, this detached home embodies stylish and comfortable living. Just minutes from Downtown
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Data-driven valuation for 316 Bismark Drive, Cambridge, ON N1S 5C2
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 $889,000 in Cambridge, the legal minimum down payment is $63,900 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 $14,255 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 $14,255.
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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.