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Listed 12 days ago

26 Alexander Avenue

, Cambridge

$985,000

Detached|2-Storey
3 | 2 | 6
About this home

Welcome to 26 Alexander Avenue, a solid 3-bedroom, 2-bathroom multi-level split nestled in a mature, family-friendly Cambridge neighbourhood, offering excellent flexibility as a spacious single-family home or a functional in-law suite setup. The main and second levels feature a bright living room, an updated eat-in kitchen with built-in appliances, a dining room, and three well-proportioned bedrooms, while the lower level adds a large family room and additional bathroom - ideal for extended family, a home office setup, or a self-contained secondary living space. The fully finished basement further enhances the home's versatility with a second kitchen, spacious recreation room, and dedicated laundry/utility area, making multi-generational living or income potential a real possibility. Step outside to a beautifully landscaped, fully fenced backyard complete with a covered deck perfect for entertaining, an outdoor gas fire pit for cozy evenings, and a detached garage with an attached workshop for hobbyists or extra storage. The property sits on a generous lot with parking for up to 7 vehicles across a double-wide private drive, a rare offering in this location. Additional highlights include central air conditioning, forced-air gas heating, two fireplaces for year-round comfort, and a water purification and softening system. Ideally situated close to top-rated schools, parks, playgrounds, arts and community amenities, downtown Cambridge, and major highway access for easy commuting, this home offers outstanding value and flexibility for a wide range of buyers. (71137567)

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,200
Lot Size49.2 ft x 167.53 ft
mls© NumberX13820090
Listed ByCORCORAN HORIZON REALTY

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%
$5,042
Property tax
$517
Heat allowance
$150
Housing costs
$5,708 / mo

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

Down payment20% · $197,000
25-yr amortization

Income needed

$176,000

gross annual household income

Payment at 4%
$4,145 / mo
Cash down
$197,000

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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