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Property Type: Detached HouseOwnership: Freehold
266 GUNN AVENUE
Cambridge, ON N3C3E5
MLS® X13647550
$729,900
4 bed2 bath3 parking
Amenities
Also listed: Fireplace(s)
Property Details
Property & Lot
- Sub-type
- House
- Style
- Raised bungalow
- Stories
- 1
- Lot size
- 49 x 126.5 FT
- Frontage
- 49 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,828 (2025)
Interior
- Basement
- Finished, N/A
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | — |
| Bedroom 2 | Main level | — |
| Bedroom 3 | Main level | — |
| Bedroom 4 | Lower level | — |
| Family room | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
| Living room | Lower level | — |
Description
BEAUTIFULLY MAINTAINED 3+1 BEDROOM BUNGALOW WITH EXCELLENT RENTAL POTENTIAL IN DESIRABLE HESPELER VILLAGE! Welcome to this charming bungalow situated on a premium-sized lot on a quiet, family-friendly street. Offering approximately 1,500 sq. ft. of living space, this home combines comfort, functionality, and outstanding versatility for families, first-time buyers, downsizers, and investors alike. The bright, open-concept main floor features oversized windows, abundant natural light, and a carpet-free layout. Enjoy a spacious living room with a cozy gas fireplace, a functional kitchen overlooking the dining area, and three generously sized bedrooms. The finished basement adds tremendous value, featuring an additional bedroom, a 3-piece bathroom, and versatile living and recreation space-ideal for extended family, guests, a home office, or potential rental income. Step outside to a spacious, fully fenced backyard with a large patio deck, perfect for summer BBQs, entertaining, and relaxing outdoors. RECENT UPDATES INCLUDE: Brand-new roof with a 15-year warranty, fresh paint throughout, and an updated patio floor. Enjoy a convenient location close to schools, parks, shopping, restaurants, and everyday amenities, with easy access to Highway 401.A fantastic opportunity to own a versatile bungalow with a finished basement, generous outdoor space, and excellent income potential in a sought-after neighborhood. Don't miss out-book your private showing today! (id:63159)
Listing Information
- MLS®
- X13647550
- Tax assessment year
- 2025
- Data last synced
- October 20, 2026
RIGHT AT HOME REALTY
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RIGHT AT HOME REALTY
MLS® Number: X13647550
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: 3 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: 6.6% ($47,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$583,920.00
Periodic payment — Principal & Interest (monthly)$3,767.25
Additional monthly expenses (condo fees, tax, utilities, etc.)$402.33
Total monthly cost$4,169.59
Interest paid over 5-yr term$167,353.15
Balance at end of term$525,237.93
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$47,990
Stress test qualifying rate8.19%
Payment you must qualify for$5,287.35
Cash Needed at Closing
Minimum down payment$47,990
Estimated Land Transfer Tax (LTT)$11,073
Legal / closing costs (typical estimate)$1,500
Total cash needed$60,563
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.
