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Price Change$999,000

7 Shadywood Lane

, Cambridge

$1,050,000

Detached|Bungalow
4 | 3 | 9
About this home

CLOSE TO 3,000 SQ. FT. OF FINISHED LIVING SPACE IN A MUSKOKA-LIKE SETTING - WHILE STILL CLOSE TO ALL MAJOR CITY AMENITIES! Welcome to 7 Shady Wood Lane, Cambridge, a spacious and beautifully updated bungalow offering 4 bedrooms, 3 bathrooms and a double-car garage, all situated on an impressive 100' by 150' lot. Step inside and you'll immediately appreciate the character, space and quality of this home, featuring original hardwood flooring throughout the bedrooms and living room and a beautifully updated kitchen designed for both everyday living and entertaining. The kitchen is exceptionally well equipped with a built-in Wolf oven plus a second oven, providing plenty of flexibility for the home chef and for entertaining family and friends. Just off the kitchen is a separate formal dining room, highlighted by large picture windows that fill the space with natural light, along with sliding glass doors providing a direct walkout to the patio and backyard. Two of the bedrooms also feature sliding glass doors with direct walkouts to the backyard, creating a wonderful connection to the property's peaceful outdoor surroundings. The updated bathrooms showcase quality finishes, including beautiful porcelain tile imported from Italy. With almost 3,000 sq. ft. of finished living space, there's plenty of room for the entire family. The finished lower level offers a large recreation room along with an impressive 4-piece bathroom featuring a rain shower and heated flooring. A significant portion of the basement remains unfinished. Many major updates have been completed, including newer windows and doors with a transferable warranty, newer furnace, A/C and hot water tank. Outside is where this property truly shines. The expansive lot offers a beautiful custom aluminum fence, creating a private, peaceful setting with a distinctly Muskoka-like feel - all while remaining conveniently close to shopping, restaurants, schools **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$6,146
Lot Size93.17 ft x 151.72 ft
mls© NumberX13819970
Listed ByRE/MAX TWIN CITY REALTY INC.

Listing History

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  • 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%
$5,374
Property tax
$512
Heat allowance
$150
Housing costs
$6,037 / mo

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

Down payment20% · $210,000
25-yr amortization

Income needed

$186,000

gross annual household income

Payment at 4%
$4,419 / mo
Cash down
$210,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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