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Listed 17 days ago

17 Athlone Road

, Cambridge

$1,200,000

Detached|2-Storey
4 | 4 | 14
About this home

ONE ADDRESS. TWO BUILDINGS. LIMITLESS POSSIBILITIES. Some homes offer extra space. 17 Athlone Road offers an entirely different way to live, work and dream. Set on a half-acre lot along a quiet dead-end street, just 5 minutes from Highway 401, this one-of-a-kind property combines a spacious 4+2 bedroom home with an extraordinary 1,450 sqft fully serviced detached building. Inside the main residence, nearly 3,000sqft of living space provides room for every stage of life. The main level flows from a generous sunken living room into the kitchen, breakfast area and sitting room, while a versatile bedroom could just as easily become a private office. Upstairs, 3 bedrooms include an impressive 24-foot primary retreat with a walk-in closet and ensuite. The finished lower level adds 2 more bedrooms, a 3pc bathroom, offering the flexibility to create guest rooms, a recreation area or additional family living space. Travertine tile, engineered hardwood, marble countertops, a fireplace and extensive 2011 renovations reflect the care invested throughout, while the furnace was replaced in 2022 and the stainless-steel refrigerator and gas stove are newer. Yet the true story of this property begins beyond the main home. Heated, cooled and serviced with water, sewer, an air exchanger, a bathroom and a kitchenette, the detached building is currently arranged with a large epoxy-floored gym, theatre room, office and rear garage/storage area. Imagine it as a fitness studio, home theatre, showroom, creative workspace, contractor headquarters, collector-car retreat or potential in-law accommodation; the possibilities are as unique as the next owner. An attached double garage, expansive driveway, full sprinkler system, mature landscaping and a private backyard gazebo complete a property designed for those who need more than an ordinary home. Some rooms are virtually staged.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$8,952
Lot Size115 ft x 192.55 ft
mls© NumberX13804140
Listed ByRE/MAX TWIN CITY FAISAL SUSIWALA REALTY

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,142
Property tax
$746
Heat allowance
$150
Housing costs
$7,038 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $240,000
25-yr amortization

Income needed

$217,000

gross annual household income

Payment at 4%
$5,050 / mo
Cash down
$240,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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