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Listed 12 days ago

59 - 250 Ainslie Street S

, Cambridge

$499,000

Condo Townhouse |
3 | 2 | 2 | 0
About this home

Welcome to 250 Ainslie Street South, Unit 59! This beautiful townhome features a bright and spacious open-concept floor plan, offering a comfortable and functional layout perfect for families and entertaining. The main floor boasts a generous kitchen with a pantry, stainless steel appliances, and plenty of cabinet space, while the inviting living room is filled with natural light from the large windows. A convenient powder room completes the main level. Upstairs, you'll find three generously sized bedrooms, including an oversized primary bedroom with convenient access to the three-piece bathroom through a cheater ensuite, along with a versatile office nook that provides the perfect space for working from home or studying. The unfinished basement offers excellent potential and is ready for your personal finishing touches, allowing you to create additional living space to suit your needs. Step outside to a fully fenced backyard featuring an oversized deck, ideal for summer barbecues, entertaining, and enjoying time with family and friends. Perfectly situated close to downtown, the Grand River, schools, shopping, parks, and an abundance of walking and recreational trails. With its spacious layout, great outdoor space, and fantastic location, this home is an opportunity you won't want to miss. Book your private showing today!

Extras

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Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$250
LockerNone
BalconyNone
ExposureNorth
Parking TypeAttached
Parking Spaces2
Parking FeaturesNone
Property Tax$3,010
mls© NumberX13727588
Listed ByEXP REALTY
Building Insurance Included
Common Elements Included

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
$251
Heat allowance
$150
Condo fees, half counted
$125
Housing costs
$3,080 / mo

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

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

Income needed

$95,000

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

Values and trends

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Comparable sales

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