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Property Type: Detached HouseOwnership: Freehold
40 FOREST Road
Cambridge, ON N1S3B2
MLS® 40871792
$799,000
4 bed2 bath2 parking1,612 sqft
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Lot size
- 0.13 acres
- Frontage
- 52 feet
R1
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,203.86
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 10'6'' x 27'5'' |
| 3pc Bathroom | Basement | — |
| Office | Basement | 4'11'' x 9'8'' |
| Bedroom | Basement | 8'10'' x 11'8'' |
| Recreation room | Basement | 11'10'' x 25'4'' |
| Bedroom | Second level | 10'11'' x 11'9'' |
| Bedroom | Second level | 11'0'' x 11'7'' |
| Primary Bedroom | Second level | 12'1'' x 12'10'' |
| 5pc Bathroom | Main level | 6'9'' x 7'10'' |
| Breakfast | Main level | 8'3'' x 12'5'' |
| Kitchen | Main level | 13'5'' x 18'2'' |
| Dining room | Main level | 8'9'' x 13'3'' |
| Living room | Main level | 11'6'' x 13'10'' |
Description
With 1,600 sq. ft. of above-grade living space, four bedrooms and two full bathrooms, this West Galt home combines versatile living space with a thoughtfully designed 2026 addition by Fabrik. The standout kitchen features custom walnut cabinetry, Japanese-inspired details, leathered granite countertops and a Bertazzoni Dual Fuel Pro Series range. Warm oak floors, carefully chosen paint colours and natural materials create a cohesive, inviting feel throughout. A convenient mudroom off the driveway provides easy access to the kitchen for unloading groceries, while the main-floor five-piece bathroom features heated floors. Upstairs, three bedrooms each offer good closet space, while the finished basement provides a fourth bedroom and additional living space. Outdoor sheds offer practical storage, and Victoria Park is just steps away. Downtown Galt's restaurants, coffee shops and shopping are within easy walking and cycling distance. (id:63161)
Listing Information
- MLS®
- 40871792
- Data last synced
- October 28, 2026
RE/MAX SOLID GOLD REALTY (II) LTD.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX SOLID GOLD REALTY (II) LTD.
MLS® Number: 40871792
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
$496/sqft
Building average
—
No other active listings in this building
10 - Victoria average
$406/sqft
8 active listing(s)
Parking: 2 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: 6.9% ($54,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$639,200.00
Periodic payment — Principal & Interest (monthly)$4,123.90
Additional monthly expenses (condo fees, tax, utilities, etc.)$431.32
Total monthly cost$4,555.22
Interest paid over 5-yr term$183,196.56
Balance at end of term$574,962.47
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$54,900
Stress test qualifying rate8.19%
Payment you must qualify for$5,769.56
Cash Needed at Closing
Minimum down payment$54,900
Estimated Land Transfer Tax (LTT)$12,455
Legal / closing costs (typical estimate)$1,500
Total cash needed$68,855
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.
