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Property Type: Detached HouseOwnership: FreeholdNEW LISTING
12 TAIT STREET
Cambridge, ON N1S3C2
MLS® X14120096
81
Walk Score
42
Transit
50
Bike
$699,900
4 bed2 bath3 parking
81
Walk Score
42
Transit
50
Bike
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Lot size
- 30.7 x 161.9 FT
- Frontage
- 30.8 feet
R5
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,592 (2026)
Interior
- Basement
- Finished, Full, Separate entrance, N/A, N/A
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | — |
| Kitchen | Basement | — |
| Living room | Basement | — |
| Primary Bedroom | Basement | — |
| Other | Basement | — |
| Other | Basement | — |
| Bedroom 2 | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
| Living room | Main level | — |
| Primary Bedroom | Main level | — |
| Laundry room | Basement | — |
| Recreational, Games room | Basement | — |
| Other | Basement | — |
Description
EXTREMELY RARE, 2017-BUILT LEGAL DUPLEX BUNGALOW! This one-of-a-kind property combines the charm of West Galt with the comfort and convenience of a newer build. The main floor features a bright, open-concept layout with abundant natural light, soft neutral tones, and thoughtful finishes throughout. The welcoming foyer flows into the spacious family room and dining area, alongside a modern kitchen complete with warm wood-tone cabinetry, ample counter space, generous storage, and stainless steel appliances. Spacious bedrooms with roomy closets and a full bathroom offer comfortable, convenient one-level living. The main unit also enjoys access to a portion of the basement, ideal for a recreation room, home office, or additional bedroom. Downstairs, the beautifully renovated legal secondary suite features contemporary finishes, a bright open-concept layout, a comfortable bedroom, private in-suite laundry, and a separate entrance. Prefer to enjoy the entire home yourself? The basement layout offers the potential to reconnect the two living spaces, subject to any minor alterations, creating a spacious single-family residence. Outside, the large lot has an expansive, fully fenced backyard surrounded by mature trees, providing exceptional privacy and plenty of room for entertaining, relaxing, or enjoying the outdoors. An attached garage, wide driveway, and charming front porch complete the package. Ideally located near the Grand River, scenic trails, and major highways, with convenient access to Downtown Cambridge, Main Street, and the vibrant Gaslight District, you'll enjoy proximity to local cafes, restaurants, entertainment, and everyday amenities. Whether you're looking to offset your mortgage with rental income, accommodate extended family, or add a turnkey property to your investment portfolio, 12 Tait St offers outstanding versatility and opportunity. Come experience it for yourself! (id:63161)
Listing Information
- MLS®
- X14120096
- Tax assessment year
- 2026
- Data last synced
- October 28, 2026
Affinity Real Estate
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Affinity Real Estate
MLS® Number: X14120096
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 Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Cambridge average
$416/sqft
251 active listing(s)
Parking: 3 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: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (condo fees, tax, utilities, etc.)$382.67
Total monthly cost$3,995.08
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$44,990
Stress test qualifying rate8.19%
Payment you must qualify for$5,078.00
Cash Needed at Closing
Minimum down payment$44,990
Estimated Land Transfer Tax (LTT)$10,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$56,963
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.
