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Property Type: Detached HouseOwnership: Freehold
118 OLD MILL Road
Cambridge, ON N3H4R8
MLS® 40870234
$1,799,000
5 bed3 bath12 parking4,253 sqftBuilt 2003
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 111 feet
RR
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $11,332.63
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 15'8'' x 35'8'' |
| Other | Basement | 5'11'' x 11'11'' |
| Den | Basement | 13'6'' x 11'7'' |
| Bedroom | Basement | 12'7'' x 17'11'' |
| Recreation room | Basement | 28'11'' x 43'9'' |
| 4pc Bathroom | Basement | 11'1'' x 6'11'' |
| Bedroom | Basement | 13'0'' x 10'0'' |
| Kitchen | Main level | 14'10'' x 18'3'' |
| Living room | Main level | 17'11'' x 21'8'' |
| Dining room | Main level | 13'3'' x 18'4'' |
| Laundry room | Main level | 8'1'' x 8'0'' |
| 4pc Bathroom | Main level | 8'1'' x 8'2'' |
| Bedroom | Main level | 11'7'' x 11'2'' |
Description
Set on an impressive 0.76-acre property in historic Blair, this custom stone bungalow offers a rare combination of architectural character, generous living space and beautifully landscaped grounds. With over 4,200 sq. ft. of finished living space, the home is designed for both comfortable everyday living and memorable entertaining. 12-foot ceilings, Brazilian cherry hardwood flooring and a vaulted Great Room create an elegant open atmosphere. The chef-inspired kitchen features stone surfaces, a walk-in pantry and a dedicated wine bar, while four fireplaces add warmth and character throughout the home. Professionally landscaped grounds create a private outdoor retreat, complete with tiered flagstone patios, a custom cedar pergola, perennial gardens and an in-ground irrigation system. Fully fenced, the backyard offers an inviting setting for quiet mornings, summer gatherings and evenings spent entertaining outdoors. The finished lower level, with a separate entrance from the garage, extends the home's versatility with a spacious recreation area, full wet bar and room for a home gym, hobbies or additional living space. Five bedrooms and three bathrooms offer flexibility for families, guests and evolving lifestyle needs. Notable updates include a heat recovery ventilator (2022), custom California Closet in the primary bedroom (2021) and a comprehensive water filtration system. Enjoy the character of historic Blair with convenient access to Highway 401 and the amenities of Cambridge and the surrounding region. A distinctive property offering generous proportions, exceptional outdoor space and room to make it your own. (id:63159)
Listing Information
- MLS®
- 40870234
- Data last synced
- October 10, 2026
Royal LePage Wolle Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal LePage Wolle Realty
MLS® Number: 40870234
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$423/sqft
Building average
—
No other active listings in this building
55 - Blair average
—
No comparable active listings
Parking: 12 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
139,163
(2021 Census)
+6.6% since 2016
Density:
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($359,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$1,439,200.00
Periodic payment — Principal & Interest (monthly)$9,285.23
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,157.39
Total monthly cost$10,442.62
Interest paid over 5-yr term$412,478.86
Balance at end of term$1,294,565.05
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$359,800
Stress test qualifying rate8.19%
Payment you must qualify for$11,159.18
Cash Needed at Closing
Minimum down payment$359,800
Estimated Land Transfer Tax (LTT)$32,455
Legal / closing costs (typical estimate)$1,500
Total cash needed$393,755
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
