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New5 days ago

8 Wauchope Avenue

, Cambridge

$689,000

Detached|Bungalow
2 | 2 | 5
About this home

Welcome to 8 Wauchope Ave, a well-kept 2+2 bedroom, 2 bath bungalow in a convenient Cambridge location. Wainscotting and crown moulding run throughout the main floor. The tiled foyer with coat closet opens to a bright, open concept living room with pot lights, sconces, laminate flooring and a large window. The kitchen features tile flooring, a custom backsplash, double undermount sink, pot lights and a large window, and flows into the dining area, where French double doors walk out to the backyard. The primary bedroom offers two windows and a double door closet, joined by a second bedroom and a 4 pc bath with a custom tile wall and quartz vanity.The finished lower level adds a family room with chair rail moulding, two more bedrooms, a second 4 pc bath and a laundry room with stacked front-load washer and dryer, laundry sink and walk-in closet. A utility room adds even more storage. It's a great setup for extended family, guests or a home office.Step outside to a beautifully finished backyard with a gazebo, wood-fired pizza oven and shed, perfect for summer nights and entertaining.Enjoy walking access to shopping, dining and parks off Hespeler Rd, with nearby schools, the hospital and downtown Galt close by. Commuters will love the quick access to Hwy 24 and the 401.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,689
Lot Size50 ft x 125 ft
mls© NumberX13847898
Listed ByRE/MAX ABOUTOWNE REALTY CORP.

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%
$3,527
Property tax
$307
Heat allowance
$150
Housing costs
$3,984 / mo

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

Down payment20% · $137,800
25-yr amortization

Income needed

$123,000

gross annual household income

Payment at 4%
$2,899 / mo
Cash down
$137,800

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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