510 HOPEWELL Road, Cambridge, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $569,900 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.
- 3 Bedrooms and 2 Bathrooms
- Premium 62 x 120 ft lot size
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A welcoming foyer separates the large kitchen and inviting living room that both overlook the front yard. Spanning the rear of the home are 3 bedrooms and one of the 2 full bathrooms. The second 4 piece bathroom is located on the partially finished lower level which also offers a large rec room, a laundry and utility room with ample storage space. Access to the basement is just across from the garage's separate entrance, offering some great possibilities for an accessory unit. This enclave of homes has the neighbourhood's Dyck Park just down the street, it is also a short walk to Blue Heron Public School and the 75-hectare Dumfries Conservation Area. This location also offers great access to the amenities of Hespeler Road and the great local shops and restaurants in downtown Preston and is perfect for commuters, who can be on the 401 in just 6 minutes. This property offers a great opportunity to own a freehold, detached home in a mature nieghbourhood without breaking the bank.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 510 HOPEWELL Road, Cambridge, ON N3H 2R8
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cambridge, ON
For a property listed at $569,900 in Cambridge, the legal minimum down payment is $31,990 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 $7,873 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 $7,873.
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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.
