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Price Change$799,900

116 Bailey Drive

, Cambridge

$815,000

Detached|2-Storey
4 | 3 | 4
About this home

Welcome to this well-designed, all-brick 2-storey home in a quiet, sought-after East Galt neighbourhood. Freshly painted and boasting over 2,200 sq. ft. of practical living space, this home offers a bright, welcoming feel from the moment you arrive. Step inside to a spacious foyer with an open view of the main level, setting an inviting tone. The open-concept main floor is filled with natural light from large picture windows, with separate living and dining areas that offer distinct spaces for everyday living and entertaining while flowing seamlessly into the kitchen - the natural heart of the home. A standout feature is the mid-level family room, offering a comfortable, private retreat for movie nights, relaxing evenings, or quality family time - all while maintaining the home's open, connected feel. Upstairs, you'll find four well-appointed bedrooms, including a spacious primary suite complete with a 3-piece en-suite and walk-in closet. A convenient upper-level laundry room adds to the home's practical, family-friendly layout. Looking for additional living space? The large, unspoiled basement features lookout windows, high ceilings and a rough-in bathroom, offering excellent potential to create additional living space tailored to your needs. Enjoy morning coffee or an evening cocktail on the wood deck or oversized concrete patio overlooking the deep, fully fenced yard. Additional features include five appliances, central air conditioning, hardwood floors, and an owned hot water heater and water softener. Easy to show with flexible possession, this fabulous home is just minutes to schools, shopping, parks, nature trails, and the brand-new Cambridge Recreational Complex. Be sure to add 116 Bailey Drive to your must-see list today!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age16-30
Size2000-2500 sq. ft.
Property Tax$6,548
Lot Size78.97 ft x 130.39 ft
mls© NumberX13809082
Listed ByGrand West Realty Inc.

Listing History

  • No recent sale history for this listing.
  • 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%
$4,172
Property tax
$546
Heat allowance
$150
Housing costs
$4,867 / mo

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

Down payment20% · $163,000
25-yr amortization

Income needed

$150,000

gross annual household income

Payment at 4%
$3,430 / mo
Cash down
$163,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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