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Property Type: Detached HouseOwnership: Freehold
40 YATES AVENUE
Cambridge, ON N1P0A3
MLS® X14093342
23
Walk Score
24
Transit
34
Bike
$679,900
3 bed3.5 bath3 parking
23
Walk Score
24
Transit
34
Bike
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 29.5 x 113.3 FT
- Frontage
- 29.6 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,676.96 (2025)
Interior
- Basement
- Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Kitchen | Main level | — |
| Dining room | Main level | — |
| Primary Bedroom | Second level | — |
| Bedroom 2 | Second level | — |
| Bedroom 3 | Second level | — |
Description
Welcome to 40 Yates Ave, Cambridge - a beautifully refreshed, move-in-ready detached home backing onto peaceful green space with no neighbours directly behind!Situated on a quiet residential street, this spacious 3-bedroom, 3-bathroom home offers modern finishes, comfortable family living and exceptional privacy.The main floor features hardwood flooring, pot lights and large windows that fill the space with natural light. The updated kitchen showcases new quartz countertops, a stylish backsplash, stainless steel appliances and ample cabinetry, flowing into the dining area with a walkout to the updated deck - perfect for everyday living and entertaining.Upstairs, brand-new flooring throughout creates a fresh, modern feel. The spacious primary bedroom features a 4-piece ensuite and walk-in closet, while the additional bedrooms offer generous windows and closet space. The bathrooms have also been refreshed with new mirrors, quartz countertops and updated finishes. The staircase features brand-new carpet.The lower level offers large windows and excellent natural light, creating an almost semi-walkout feel. This versatile space is ideal for a recreation room, home office, gym or additional family living area.Further updates include fresh paint throughout, refreshed kitchen countertops and backsplash, deck improvements and numerous other upgrades, making this home truly move-in ready.Enjoy a spacious backyard overlooking green space with no neighbours behind, offering a peaceful and private setting.Additional features include central air conditioning, forced-air gas heating, municipal water and sewer, a built-in garage, private driveway and parking for three vehicles.Conveniently located near Myers Rd and Branchton Rd, with easy access to schools, parks, shopping and everyday amenities.Freshly renovated, bright and move-in ready - 40 Yates Ave is a home you can enjoy from day one! (id:63159)
Listing Information
- MLS®
- X14093342
- Tax assessment year
- 2025
- Data last synced
- October 20, 2026
REVEL REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: REVEL REALTY INC.
MLS® Number: X14093342
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
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:
Similar Listings Nearby
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Mortgage & Ownership Cost Calculator
Minimum required: 6.3% ($42,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$543,920.00
Periodic payment — Principal & Interest (monthly)$3,509.19
Additional monthly expenses (condo fees, tax, utilities, etc.)$473.08
Total monthly cost$3,982.27
Interest paid over 5-yr term$155,889.04
Balance at end of term$489,257.80
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$42,990
Stress test qualifying rate8.19%
Payment you must qualify for$4,938.44
Cash Needed at Closing
Minimum down payment$42,990
Estimated Land Transfer Tax (LTT)$10,073
Legal / closing costs (typical estimate)$1,500
Total cash needed$54,563
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.
