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Property Type: Detached HouseOwnership: Freehold
196 ABRAHAM Street
Cambridge, ON N3H1H5
MLS® 40853861
$999,900
4 bed2.5 bath6 parking1,988 sqftBuilt 1971
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 1
- Frontage
- 66 feet
R3
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Condo / maintenance fee
- $0/mo
- Annual property tax
- $5,670.67
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 2pc Bathroom | Main level | — |
| Bedroom | Third level | 10'11'' x 8'8'' |
| Bedroom | Third level | 10'11'' x 12'5'' |
| Bedroom | Third level | 11'5'' x 12'5'' |
| Primary Bedroom | Third level | 9'8'' x 15'5'' |
| 3pc Bathroom | Third level | — |
| Kitchen | Second level | 11'0'' x 11'6'' |
| Dining room | Second level | 10'0'' x 11'4'' |
| Living room | Second level | 12'3'' x 17'11'' |
| Mud room | Main level | 8'9'' x 6'11'' |
| Laundry room | Main level | 9'8'' x 10'10'' |
| Utility room | Basement | 7'5'' x 11'0'' |
| Recreation room | Basement | 10'4'' x 22'9'' |
Description
Welcome to 196 Abraham Street, presenting an exceptional opportunity to own this gorgeous, well maintained property that has recently and extensively been renovated (spring 2026). This 4 level back split sits on 1/4 acre professionally landscaped and thoughtfully designed, move in ready property. Located on a quiet street in Preston. This home Offers 4 large well appointed bedrooms with large closets, 2 newly renovated bathrooms, beautiful warm new flooring throughout, and all new higher end window coverings. The large newly built Kitchen with island and all new appliances is bright and open to the main floor living room featuring vaulted ceilings. The finished lower level recreation room is nice and bright with above grade windows and office space. There is a large main level laundry with adjacent 2 pcs bathroom which is a conveniently located near the back door, leading out to the back yard Oasis. The huge back yard is totally fenced, and set up for entertaining with Inground Heated pool, Cabana and Pergola providing a distinctive living experience. With electrical GFCI hook up ready for the installation of a Hot Tub if you choose. 2 Sheds providing storage for pool and garden equipment. Large double garage will fit 2 large vehicles, coupled with the 4 car driveway providing plenty of parking! Close to schools, downtown area Kitchener and highway access. Lots of features to many to mention, come see for yourself! This home will not last! Book your showing today! This home is ready to receive your friends and family to enjoy the outdoors in the City. (id:63161)
Listing Information
- MLS®
- 40853861
- Data last synced
- October 26, 2026
Re/Max Twin City Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Re/Max Twin City Realty Inc.
MLS® Number: 40853861
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
$503/sqft
Building average
—
No other active listings in this building
52 - Preston North average
$373/sqft
17 active listing(s)
Parking: 6 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: 7.5% ($74,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$799,920.00
Periodic payment — Principal & Interest (monthly)$5,160.81
Additional monthly expenses (condo fees, tax, utilities, etc.)$571.56
Total monthly cost$5,732.37
Interest paid over 5-yr term$229,259.37
Balance at end of term$719,530.63
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$74,990
Stress test qualifying rate8.19%
Payment you must qualify for$7,171.51
Cash Needed at Closing
Minimum down payment$74,990
Estimated Land Transfer Tax (LTT)$16,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$92,963
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.
