Loading…
Property Type: Detached HouseOwnership: Freehold
194 GLENVALLEY Drive
Cambridge, ON N1T1R2
MLS® 40871705
$899,900
4 bed3.5 bath4 parking2,862 sqftBuilt 1993
Property Details
Property & Lot
- Sub-type
- House
- Style
- Contemporary
- Stories
- 2
- Frontage
- 50 feet
R4
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,424.8
Interior
- Basement
- Unfinished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Second level | 11'11'' x 19'11'' |
| Bedroom | Second level | 13'11'' x 12'3'' |
| Bedroom | Second level | 12'0'' x 14'0'' |
| 4pc Bathroom | Second level | — |
| 4pc Ensuite bath | Second level | — |
| Primary Bedroom | Second level | 17'0'' x 26'7'' |
| Living room | Main level | 13'1'' x 20'2'' |
| Dinette | Main level | 11'1'' x 14'1'' |
| Breakfast | Main level | 11'5'' x 8'5'' |
| Kitchen | Main level | 17'2'' x 12'4'' |
| Family room | Main level | 12'1'' x 17'1'' |
| Laundry room | Main level | 8'0'' x 8'2'' |
| 2pc Bathroom | Main level | — |
Description
LIFE IS BETTER ON A QUIET, TREE-LINED STREET. 194 Glenvalley Drive -an impressive two-storey foyer sets a grand first tone for this beautifully maintained 4-bedroom, 2.5-bathroom family home in one of Cambridge’s most connected neighbourhoods. Flooded with natural light from oversized windows, the main floor seamlessly balances elegant entertaining spaces with casual everyday living. At the heart of the home, a spacious eat-in kitchen overlooks the backyard and opens directly into an inviting family room anchored by a cozy fireplace. A separate formal dining room and living room provide an excellent secondary retreat to gather. Upstairs, the home features 4 generously sized bedrooms, highlighted by an expansive primary suite complete with a walk-in closet and private ensuite. The additional bedrooms offer total flexibility for a growing family, guest accommodations, or a dedicated home office. The outdoor space is built for summer, featuring a large deck within a fully fenced backyard—ideal for BBQs, morning coffee, or watching the kids and pets play. Downstairs, the unfinished basement holds exceptional equity potential, boasting a rough-in for a 3-pc bathroom and an optimal layout easily converted into an in-law suite or a massive recreation area. Complete with a double-car garage and ample driveway parking, the property offers a lifestyle of pure convenience. You are just a 5-minute walk to the local primary school, a 10-minute walk to Gurudwara, and steps from local parks, trails, and conservation lands. With Highway 401, shopping, and dining only minutes away, this home perfectly delivers the space your family needs today, with the room to grow tomorrow. (id:63161)
Listing Information
- MLS®
- 40871705
- Data last synced
- October 27, 2026
RE/MAX TWIN CITY FAISAL SUSIWALA REALTY
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY FAISAL SUSIWALA REALTY
MLS® Number: 40871705
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
$314/sqft
Building average
—
No other active listings in this building
33 - Clemens Mills/Saginaw average
$360/sqft
17 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:
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 7.2% ($64,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$719,920.00
Periodic payment — Principal & Interest (monthly)$4,644.68
Additional monthly expenses (condo fees, tax, utilities, etc.)$761.73
Total monthly cost$5,406.41
Interest paid over 5-yr term$206,331.14
Balance at end of term$647,570.37
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$64,990
Stress test qualifying rate8.19%
Payment you must qualify for$6,473.68
Cash Needed at Closing
Minimum down payment$64,990
Estimated Land Transfer Tax (LTT)$14,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$80,963
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.
