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New6 days ago

76 Avenue Road

, Cambridge

$499,000

Detached|1 1/2 Storey
2 | 2 | 5
About this home

Welcome to 76 Avenue Rd, a beautifully renovated and well-maintained bungalow situated on a desirable corner lot in an established Cambridge neighbourhood. Offering 2+1 bedrooms and 2 bathrooms with approximately 1,075 sq. ft. of living space, this home features a refreshed kitchen, bright and inviting principal rooms, and comfortable main-floor living. The finished lower level adds incredible versatility with a second kitchen, bathroom, and separate entrance, creating an ideal space for extended family, guests, or flexible living arrangements. With its separate entrance, second kitchen and bathroom, the lower level offers huge potential for creating a secondary suite, subject to City of Cambridge approvals and applicable zoning requirements. The approximately 40' x 107' corner lot provides excellent outdoor space, added privacy, and future potential, with opportunities for an additional residential unit or other development possibilities, subject to City approvals and zoning requirements. A school located on the same block adds exceptional convenience for families, while the established neighbourhood offers a great balance of comfort and accessibility. Whether you're a first-time buyer, growing family, downsizer, or investor, 76 Avenue Rd presents a fantastic opportunity to own a move-in-ready detached home with valuable lower-level space and exciting future potential.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$2,414
Lot Size40 ft x 102 ft
mls© NumberX13844398
Listed ByEXP 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%
$2,554
Property tax
$201
Heat allowance
$150
Housing costs
$2,905 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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