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$500K · 2 bed Condo Townhouse · Unit 56, 405 Myers Road, Cambridge, Ontario N1P 0B6 | HomeSearchCanada

$499,900

Unit 56

89 DOM

2289d

Map

DOM 89

$499,900

DOM89days

Unit 56

405 Myers Road · Cambridge · Ontario N1P 0B6

MLS® X13085310 · N1P 0B6

22OwnerOccupied1000-1199 ft²Condo TownhouseNoneNo basement89d$455/ft²$3,260 tax/yrBuilt 20233 yrs oldNo basement

89 days on market

About this home

Welcome to 56-405 Myers Road in Cambridge! This bright and beautifully designed main floor end-unit stacked townhouse offers two bedrooms, two balconies, and a seamless blend of modern finishes and natural surroundings. As an end unit, the additional windows bring in an abundance of natural light, creating a warm and inviting atmosphere throughout. Backing onto peaceful trails and greenspace, this home offers a rare sense of privacy and a connection to nature, with both balconies facing the gree…

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Property details

MLS#: X13085310
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 5
Kitchens: 1
Size: 1000-1199Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Stacked Townhouse
Type: Condo Townhouse
Year built: 2023

Occupancy: Owner Occupied
Washrooms: 3 pc · Main; 4 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Zoning: AG

Property features: Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School, School Bus Route

Condo corp #: 758
Balcony: Terrace
Locker: None
Association amenities: BBQs Allowed, Community BBQ
Fees include: Common Elements Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 1 total
Heating: Heat Pump
Heating fuel: Electric
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Vinyl Siding
Fronting on: —
Cross street: Franklin Blvd
Stories: 0
Utilities: —
Laundry: In-Suite Laundry, Laundry Room
Laundry level: Main Level
Interior: Air Exchanger, Separate Hydro Meter, Water Heater, Water Softener
Parking features: Reserved/Assigned

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: CORCORAN HORIZON REALTY

Source: TRREB/PROPTX · MLS® X13085310

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$500K

Unit 56 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $499,900✓ $3,260 tax✓ Electric✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,138/mo

incl. closing costs (yr 1)

Annual total

$49,661

year 1

Mortgage only

$1,896/mo

principal + interest

Beyond mortgage

$1,244/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$99,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$272/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~1,100 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,999/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$21/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)46% $22,758/yr

Property taxes20% $9,733/yr

Utilities5% $2,460/yr

Insurance & security3% $1,600/yr

Maintenance10% $4,999/yr

Condo fees6% $3,012/yr

Closing costs10% $5,100/yr

Mortgage is 46% of your true cost of ownership. The other 54% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$22,758	$1,896/mo
Government & taxes
Property tax	$3,260	$272/mo
Land transfer tax(closing)	$6,473	$539/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,999	$417/mo
Condo fees
Condo / HOA fees	$3,012	$251/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$49,661	$4,138/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 56

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs