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, Cambridge
$350,000
STOP RENTING - THIS COULD BE YOUR FIRST HOME! Affordable Cambridge living with room to make it your own. The current Seller bought this home 10 years ago as a first-time buyer, built equity over time, and now it's ready for its next owner. Could that be you? This 2-bedroom + loft home is an ideal opportunity for a first-time buyer, individual, couple or small family. The main level offers 2 bedrooms, a full 4-piece bath and comfortable living space. The upper loft is currently used as the primary bedroom, while the lower level features the kitchen with a walkout to the deck and fully fenced backyard. And the location is hard to beat! Walk to downtown Galt, shopping, the library and Soper Park, with public transit nearby and easy access to Highways 8 & 24. Updates include kitchen, laminate flooring, trim, bathroom, lighting, shed, chicken coop and garden. Water heater (2026), roof (2017) and 200-amp electrical panel upgraded prior to the Seller's ownership. All appliances included. One of Cambridge's most affordable homeownership opportunities - priced to sell! Your first home could be your first step toward building equity. Let's get moving!
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| Type | Detached |
| Style | Other |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,150 |
| Lot Size | 33 ft x 110 ft |
| mls© Number | X13862626 |
| Listed By | RE/MAX TWIN CITY 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%
- $1,791
- Property tax
- $179
- Heat allowance
- $150
- Housing costs
- $2,121 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$65,000
gross annual household income
- Payment at 4%
- $1,473 / mo
- Cash down
- $70,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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