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Property Type: Detached HouseOwnership: Freehold
248 FREURE DRIVE
Cambridge, ON N1S0A2
MLS® X14095008
3
Walk Score
29
Transit
28
Bike
$989,000
4 bed4.5 bath6 parking
3
Walk Score
29
Transit
28
Bike
Open House
Saturday, October 31
2:00 PM – 4:00 PM
Sunday, November 1
2:00 PM – 4:00 PM
Amenities
Also listed: Fireplace(s)
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 40.2 x 131.3 FT
- Frontage
- 40.2 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,921
Interior
- Basement
- Unfinished, Walk out, N/A, N/A
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Foyer | Main level | — |
| Family room | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
| Loft | Second level | — |
| Primary Bedroom | Second level | — |
| Bedroom 2 | Second level | — |
| Bedroom 3 | Second level | — |
| Bedroom 4 | Second level | — |
| Laundry room | Second level | — |
Description
Welcome to this custom built home by the builder, nestled in a brand new community in Cambridge. Offering 2,777 sq. ft. of thoughtfully designed living space, this 2022 built home welcomes you with an impressive 21 foot foyer ceiling and an abundance of windows that fill the interior with natural light. The open concept main floor features modern hardwood flooring, pot lights, and a spacious family room with soaring 12 foot ceilings and a gas fireplace, creating the perfect setting for family gatherings and entertaining. The kitchen combines style and functionality with stainless steel built in appliances, a gas stove, and a double door walk in pantry. Designed with growing and multigenerational families in mind, the home features two spacious primary bedrooms, offering comfort and privacy for everyone. Upstairs, a bright loft or lounge area provides the perfect space for a home office or relaxing retreat, complemented by hardwood stairs, comfortable carpeting throughout the second floor, and convenient upstairs laundry. Zebra blinds throughout add a modern finishing touch. Step outside to enjoy peaceful ravine views, lush greenery, and the rare privacy of having no homes directly behind. The huge backyard is ideal for family gatherings, while the walkout, partially finished basement offers excellent potential for additional living space. Complete with a double car garage, driveway parking for up to six vehicles, a water softener, 200 amp electrical panel, and approximately three years of remaining Tarion warranty coverage, this home offers space and flexibility for the whole family. Just five minutes from downtown Cambridge, enjoy the convenience of nearby amenities alongside the tranquility of a beautiful natural setting (id:63161)
Listing Information
- MLS®
- X14095008
- Data last synced
- October 29, 2026
ROYAL LEPAGE SIGNATURE REALTY
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: ROYAL LEPAGE SIGNATURE REALTY
MLS® Number: X14095008
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: 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% ($73,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$791,200.00
Periodic payment — Principal & Interest (monthly)$5,104.55
Additional monthly expenses (condo fees, tax, utilities, etc.)$660.08
Total monthly cost$5,764.64
Interest paid over 5-yr term$226,760.19
Balance at end of term$711,686.96
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$73,900
Stress test qualifying rate8.19%
Payment you must qualify for$7,095.45
Cash Needed at Closing
Minimum down payment$73,900
Estimated Land Transfer Tax (LTT)$16,255
Legal / closing costs (typical estimate)$1,500
Total cash needed$91,655
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.
