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New2 days ago

15 Gilholm Avenue

, Cambridge

$824,900

Detached|2-Storey
3 | 2 | 5
About this home

Welcome to 15 Gilholm Avenue, a beautifully maintained and thoughtfully updated century home in desirable West Galt. Filled with timeless character, its striking facade blends elements of Classical Revival and Italian Renaissance design, highlighted by well preserved gingerbread detailing and an elegant cornice entablature.Inside, you'll find hardwood flooring, soaring nine foot ceilings, French doors, a formal dining room, a separate living room, a spacious kitchen and an updated main floor bathroom. Three bedrooms upstairs and the potential for a fourth on the main floor. Pride of ownership is evident throughout, with major improvements including replacement windows in 2010, a new furnace and central air conditioning in 2021, and a new water service line in 2026. The home also features an exceptionally dry basement a notable benefit for a century property. A detached double car garage provides excellent parking, storage and workshop space.Located in an established, tree lined neighbourhood near downtown Galt, the Grand River, scenic trails, parks, schools, shopping, restaurants and the Gaslight District. Enjoy convenient access to public transit and major commuter routes while living in one of Cambridge's most character filled communities.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,552
Lot Size60 ft x 110 ft
mls© NumberX13737376
Listed BySHAW REALTY GROUP 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%
$4,222
Property tax
$379
Heat allowance
$150
Housing costs
$4,752 / mo

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

Down payment20% · $164,980
25-yr amortization

Income needed

$146,000

gross annual household income

Payment at 4%
$3,471 / mo
Cash down
$164,980

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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