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Property Type: TownhouseOwnership: FreeholdNEW LISTING
40 PARK HILL ROAD E
Cambridge, ON N1R1P4
MLS® X14123630
$439,000
4 bed2 bath2 parking
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 1.5
- Lot size
- 16.3 x 35 FT
- Frontage
- 16.3 feet
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Freehold
- Annual property tax
- $2,389.24
Interior
- Basement
- Unfinished, N/A
- Heating
- Electric, Natural gas
- Cooling / A/C
- None
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Laundry room | Main level | — |
| Bathroom | Main level | — |
| Bedroom | Main level | — |
| Bedroom | Upper Level | — |
| Bedroom 2 | Upper Level | — |
| Bedroom 3 | Upper Level | — |
| Bathroom | Upper Level | — |
Description
Discover the charm of historic Cambridge, where timeless character meets modern living. This inviting home offers a wonderful opportunity to enjoy the beauty, heritage, and unique atmosphere of one of Cambridge's most desirable historic neighbourhoods. Conveniently located near local shops, restaurants, scenic river trails, and charming downtown amenities, this property is an ideal place to call home. A wonderful opportunity for buyers seeking character, comfort, and a connection to the rich history of Cambridge. (id:63161)
Listing Information
- MLS®
- X14123630
- Data last synced
- October 29, 2026
RE/MAX EXPERTS
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX EXPERTS
MLS® Number: X14123630
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
$369/sqft
83 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
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
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($21,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$351,200.00
Periodic payment — Principal & Interest (monthly)$2,265.82
Additional monthly expenses (condo fees, tax, utilities, etc.)$199.10
Total monthly cost$2,464.93
Interest paid over 5-yr term$100,654.93
Balance at end of term$315,905.54
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$21,950
Stress test qualifying rate8.19%
Payment you must qualify for$3,233.70
Cash Needed at Closing
Minimum down payment$21,950
Estimated Land Transfer Tax (LTT)$5,255
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,705
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.
