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New3 days ago

22 Fifth Avenue

, Cambridge

$669,900

Detached|Bungalow
3 | 2 | 2
About this home

Welcome to 22 Fifth Ave, a beautifully renovated 3+1 bedroom bungalow with a finished basement and a huge backyard in a welcoming family neighbourhood! Step inside to a bright living room featuring hardwood floors, a charming paneled feature wall and an expansive window that fills the space with natural light. Renovated in 2021, the eat-in kitchen offers timeless white cabinetry, stainless steel appliances, quartz counters and a tiled backsplash, with room to gather for everyday meals. Three bedrooms with large windows provide comfortable space for the whole family, while a 4-piece bathroom with a skylight completes the main level. Renovated in 2018, the finished basement adds fantastic space for relaxing and entertaining. The recreation room features a striking stone accent wall and pot lighting, creating an inviting setting for movie nights or watching the game. A beautiful two-tier wet bar makes hosting friends a breeze. A versatile den offers space for a home office, bedroom or hobbies, while the renovated bathroom features a sleek vanity and glass walk-in shower. Outside, the huge fenced backyard offers room for kids to play, pets to roam and your gardening plans to take root-with plenty of space left for summer entertaining! Enjoy barbecues and outdoor dining on the deck (2015), or unwind while taking in the mature trees. A shed with hydro adds valuable storage and a convenient place to tackle projects, while the concrete walkway (2021) provides a polished finishing touch. Walk to schools and multiple parks and enjoy being just minutes from downtown Galt's charming shops, cafes, restaurants and scenic riverside setting. A wonderful combination of updated living spaces, room to entertain and a backyard the whole family can enjoy

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,219
Lot Size40 ft x 115 ft
mls© NumberX14122214
Listed ByRE/MAX Real Estate Centre 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%
$3,429
Property tax
$352
Heat allowance
$150
Housing costs
$3,930 / mo

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

Down payment20% · $133,980
25-yr amortization

Income needed

$121,000

gross annual household income

Payment at 4%
$2,819 / mo
Cash down
$133,980

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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