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Property Type: Detached HouseOwnership: FreeholdNEW LISTING
1611 MORRISON Road
Cambridge, ON N1R5S2
MLS® 40873157
$850,000
3 bed1 bath8 parking1,125 sqft
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Lot size
- 0.46 acres
- Frontage
- 103 feet
Z3
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,233
Interior
- Basement
- Partially finished, Full
- Heating
- Forced air, Propane
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 21'1'' x 18'7'' |
| Recreation room | Basement | 19'4'' x 22'2'' |
| Laundry room | Basement | 7'4'' x 7'7'' |
| Living room | Main level | 16'9'' x 18'11'' |
| Kitchen | Main level | 15'3'' x 9'2'' |
| Dining room | Main level | 11'1'' x 9'3'' |
| Primary Bedroom | Main level | 12'7'' x 11'9'' |
| Bedroom | Main level | 8'4'' x 12'3'' |
| Bedroom | Main level | 8'10'' x 8'7'' |
| 3pc Bathroom | Main level | 7'3'' x 6'10'' |
Description
Welcome to 1611 Morrison Road in Cambridge! This 3-bedroom, 1-bathroom home offers a great opportunity for first-time buyers, families, or anyone looking for extra space and versatility. A standout feature is the separate 398 sq ft workshop, ideal for hobbyists, DIY enthusiasts, or additional workspace. With three bedrooms and a functional layout, this property offers plenty of potential to make it your own. Conveniently located in Cambridge, close to local amenities, shopping, parks, and everyday essentials. Don't miss the opportunity to explore all this property has to offer! (id:63161)
Listing Information
- MLS®
- 40873157
- Data last synced
- October 29, 2026
Re/Max Icon Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Re/Max Icon Realty
MLS® Number: 40873157
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
$756/sqft
Building average
—
No other active listings in this building
70 - Branchton/Littles Corners/Maple Manor Subdivision/Ranchlands average
$527/sqft
3 active listing(s)
Parking: 8 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
4°C
—
Humidity 95%
Wind E calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
Source: Environment and Climate Change Canada.
Population
139,163
(2021 Census)
+6.6% since 2016
Density: 615.3/km²
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 7.1% ($60,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$680,000.00
Periodic payment — Principal & Interest (monthly)$4,387.13
Additional monthly expenses (condo fees, tax, utilities, etc.)$408.75
Total monthly cost$4,795.88
Interest paid over 5-yr term$194,889.95
Balance at end of term$611,662.20
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$60,000
Stress test qualifying rate8.19%
Payment you must qualify for$6,125.46
Cash Needed at Closing
Minimum down payment$60,000
Estimated Land Transfer Tax (LTT)$13,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$74,975
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.
