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Listed 10 days ago

38 Glenmorris Street

, Cambridge

$485,900

Detached|Bungalow
3 | 1 | 5
About this home

Charming bungalow at 38 Glenmorris Street in Cambridge! Set on a generous 65 ft. x 137 ft. lot, this detached 3-bedroom home offers 1,068 sq. ft. of main-floor living space with plenty of potential to make it your own. The functional layout features a spacious living room, kitchen with ample space, three bedrooms, a 4-piece bathroom, and convenient main-floor laundry. The full unfinished basement offers additional storage and future possibilities. Outside, enjoy a detached garage, a double-wide gravel driveway, and a spacious backyard with room to relax, garden, or entertain. Ideally located near parks, trails, schools, shopping, public transit, and the amenities of downtown Cambridge, this property is a great opportunity for first-time buyers, downsizers, or investors looking to add value. With its generous lot, practical layout, and convenient location, this home is full of potential!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age100+
Size700-1100 sq. ft.
Property Tax$3,177
Lot Size66 ft x 137.53 ft
mls© NumberX14099498
Listed ByREAL BROKER ONTARIO LTD.

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%
$2,487
Property tax
$265
Heat allowance
$150
Housing costs
$2,902 / mo

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

Down payment20% · $97,180
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$2,045 / mo
Cash down
$97,180

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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