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Property Type: Detached HouseOwnership: Freehold
148 CAROLINIAN Lane
Cambridge, ON N1S5B8
MLS® 40869527
$949,900
4 bed3.5 bath4 parking2,241 sqftBuilt 2003
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Lot size
- 0.14 acres
- Frontage
- 49 feet
R1
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,500.42
Interior
- Basement
- Unfinished, Full
- Heating
- Forced air, In Floor Heating, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Cold room | Basement | 5'9'' x 7'11'' |
| Other | Basement | 34'10'' x 39'0'' |
| Foyer | Main level | 7'3'' x 8'4'' |
| Bedroom | Second level | 13'8'' x 12'0'' |
| 4pc Bathroom | Second level | 7'8'' x 8'6'' |
| Bedroom | Second level | 11'11'' x 10'7'' |
| 5pc Ensuite bath | Second level | 10'3'' x 8'3'' |
| Primary Bedroom | Second level | 16'0'' x 16'8'' |
| Bedroom | Second level | 13'11'' x 14'1'' |
| 2pc Bathroom | Main level | 4'2'' x 4'10'' |
| Laundry room | Main level | 7'10'' x 10'6'' |
| Family room | Main level | 13'3'' x 16'8'' |
| Dinette | Main level | 10'6'' x 10'1'' |
Description
A private backyard retreat, a prestigious address, and pride of ownership you can feel from the moment you arrive. Built by Thomasfield in 2003 and lovingly maintained by its original owners, this bright and spacious four-bedroom, three-bathroom home offers thoughtful updates and an exceptional setting just one block from the Grand River. Cathedral ceilings in the foyer creates an impressive welcome, while hardwood flooring and a warm main-floor family room with a cozy fireplace make everyday living feel special. The bright kitchen and dinette feature sliding doors to a large deck and a gorgeous private backyard surrounded by mature trees and landscaped gardens—perfect for summer entertaining, quiet morning coffee and enjoying the changing seasons. Convenient main-floor laundry with inside entry from the double car garage and an adjacent powder room add practicality. Upstairs, the central staircase with skylight opens to the level below, creating an airy, connected feel. Four bedrooms provide generous space for family and guests, including one with a charming vaulted ceiling. The spacious primary suite offers abundant windows overlooking the backyard, a large walk-in closet and a luxurious updated ensuite with a soaker tub, double sinks and a separate shower. Newly installed carpet on the stairs and upper hallway, as well as an updated 4-piece family bath, enhance comfort throughout. The unfinished basement presents exciting potential to create additional living space tailored to your needs. Outside, an interlocking brick driveway elevates the home’s curb appeal, and nearby river access offers opportunities for canoeing and fishing. Beautifully cared for and ideally situated in a sought-after neighbourhood close to parks, schools, and amenities - this is a home you’ll be proud to make your own. (id:63161)
Listing Information
- MLS®
- 40869527
- Data last synced
- October 27, 2026
R W Dyer Realty Inc., Brokerage
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: R W Dyer Realty Inc., Brokerage
MLS® Number: 40869527
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
$424/sqft
Building average
—
No other active listings in this building
12 - St Andrews/Southwood average
$356/sqft
12 active listing(s)
Parking: 4 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: 7.4% ($69,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$759,920.00
Periodic payment — Principal & Interest (monthly)$4,902.75
Additional monthly expenses (condo fees, tax, utilities, etc.)$737.04
Total monthly cost$5,639.78
Interest paid over 5-yr term$217,795.26
Balance at end of term$683,550.50
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$69,990
Stress test qualifying rate8.19%
Payment you must qualify for$6,822.59
Cash Needed at Closing
Minimum down payment$69,990
Estimated Land Transfer Tax (LTT)$15,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$86,963
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.
