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Property Type: Detached HouseOwnership: Freehold
7 SHADYWOOD Lane
Cambridge, ON N1R5S2
MLS® 40864988
$995,000
4 bed3.5 bath8 parking2,970 sqftBuilt 1964
Open House
Sunday, November 1
2:00 PM – 4:00 PM
Kids wear your costumes!
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Lot size
- 15,047.93 acres
- Frontage
- 93 feet
R2
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Condo / maintenance fee
- $0/mo
- Annual property tax
- $6,146
Interior
- Basement
- Partially finished, Full
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 4'8'' x 5'6'' |
| Utility room | Basement | 14'5'' x 13'8'' |
| Other | Basement | 13'10'' x 22'6'' |
| Storage | Basement | 8'7'' x 13'11'' |
| Storage | Basement | 3'1'' x 12'7'' |
| Foyer | Main level | 6'1'' x 10'6'' |
| Laundry room | Main level | 6'11'' x 7'6'' |
| Kitchen | Main level | 13'5'' x 19'10'' |
| Mud room | Main level | 5'11'' x 10'0'' |
| Primary Bedroom | Main level | 13'6'' x 15'0'' |
| 4pc Bathroom | Basement | 8'5'' x 12'7'' |
| Gym | Basement | 8'0'' x 16'1'' |
| Recreation room | Basement | 17'5'' x 29'5'' |
Description
CLOSE TO 3,000 SQ. FT. OF FINISHED LIVING SPACE IN A MUSKOKA-LIKE SETTING — WHILE STILL CLOSE TO ALL MAJOR CITY AMENITIES! Welcome to 7 Shady Wood Lane, Cambridge, a spacious and beautifully updated bungalow offering 4 bedrooms, 3 bathrooms and a double-car garage, all situated on an impressive 100’ by 150’ lot. Step inside and you’ll immediately appreciate the character, space and quality of this home, featuring original hardwood flooring throughout the bedrooms and living room and a beautifully updated kitchen designed for both everyday living and entertaining. The kitchen is exceptionally well equipped with a built-in Wolf oven plus a second oven, providing plenty of flexibility for the home chef and for entertaining family and friends. Just off the kitchen is a separate formal dining room, highlighted by large picture windows that fill the space with natural light, along with sliding glass doors providing a direct walkout to the patio and backyard. Two of the bedrooms also feature sliding glass doors with direct walkouts to the backyard, creating a wonderful connection to the property’s peaceful outdoor surroundings. The updated bathrooms showcase quality finishes, including beautiful porcelain tile imported from Italy. With close to 3,000 sq. ft. of finished living space, there’s plenty of room for the entire family. The partially finished basement offers a large recreation room along with an impressive 4-piece bathroom featuring a rain shower and heated flooring. A significant portion of the basement remains unfinished. Many major updates have been completed, including newer windows and doors with a transferable warranty, newer furnace, A/C and hot water tank. Outside is where this property truly shines. The expansive lot offers a beautiful custom aluminum fence, creating a private, peaceful setting with a distinctly Muskoka-like feel — all while remaining conveniently close to shopping, restaurants, schools and major city amenities. (id:63161)
Listing Information
- MLS®
- 40864988
- Data last synced
- October 28, 2026
Re/Max Twin City Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Re/Max Twin City Realty Inc.
MLS® Number: 40864988
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
$335/sqft
Building average
—
No other active listings in this building
23 - Branchton Park average
$393/sqft
22 active listing(s)
Parking: 8 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: 7.5% ($74,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$796,000.00
Periodic payment — Principal & Interest (monthly)$5,135.52
Additional monthly expenses (condo fees, tax, utilities, etc.)$661.17
Total monthly cost$5,796.69
Interest paid over 5-yr term$228,135.89
Balance at end of term$716,004.57
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$74,500
Stress test qualifying rate8.19%
Payment you must qualify for$7,137.32
Cash Needed at Closing
Minimum down payment$74,500
Estimated Land Transfer Tax (LTT)$16,375
Legal / closing costs (typical estimate)$1,500
Total cash needed$92,375
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.
