17 Grosvenor Lane for Sale in Cambridge, Ontario

17 Grosvenor Lane, Cambridge

Cambridge, Ontario is a developing city taking advantage of the fast growth of its neighbors Kitchener and Waterloo. Together they make up the Golden Triangle. Many new developments have been popping up all over Cambridge, with sub divisions expanding now is a great time to get in relatively cheap. For $300,000, 17 Grosvenor Lane is a great place to start.

The property is a Condominium Townhouse that is 1,966 square feet and 2.5 storeys. With maintenance fees of $121 this covers snow removal, landscaping, garbage removal and maintenance. Considering the building is 7-8 years old, the condo fees are very cheap. This unit has 2 bedrooms and 3 washrooms with a loft that can be used as a 3rd bedroom. There is also a one car garage attached to the back with double driveway. Taxes on the property for 2010 were $3,230.

This particular unit has some great features. 2 gas fireplaces, balcony, patio, deck, central air and central vacuum with new appliances. Recently the place went through a $30,000 renovation and the pictures show it.

Location wise it is ideal. Walking distance to downtown, shopping and resteraunts. Also, the Farmer’s Market is near by. This is an ideal space for a family or young professionals. Here is how the carrying costs break down on a 30 year amortization:

Cost:                              $300,000

Down Payment:           $15,000

Mortgage:                     $285,000

CMHC 3.75%:               $10,687.50

Mortgage Payment:     $1,387.70

Taxes:                            $269.17

Condo Fee:                   $121.00

Insurance:                     $20

Hydro:                           $35

Total Cost:                    $1832.87

Showings can be scheduled by contacting Sean Cuddy from Keller Williams Golden Triangle Realty at 519-501-4623 or by email at sean@seancuddy.com. Also, check out his website at www.seancuddy.com.

Check out the VIRTUAL TOUR and listing 17 Grosvenor pdf

Website: Sean CuddyMortgage Alliance


About wojciechpianka

After a few years of studying English and History at the University of Toronto, I decided to transfer to Ryerson University and pursue a Bachelor of Commerce degree. While studying, I worked various jobs where I acquired many skills. Starting as a teller at Scotiabank, I moved on to being a manager of a restaurant, admin staff at a medical clinic, a sales agent for INGDirect and a manager at One King West Hotel. While all these jobs challenged me, I never felt my potential being utilized. Finally in 2008, I completed the Ontario Mortgage Agent Course and signed up with The Mortgage Alliance Company of Canada. This was a great decision, as it allowed me to use the skills I learned working to help people achieve their real estate and financial goals. My passion for real estate and numbers has lead me to becoming a mortgage agent. Growing up in New York City, I always had a fascination of historic buildings and skyscrapers. At 21, I bought my 1st property and have been investing in real estate ever since. I firmly believe thru steady, safe and conservative investing a one can obtain long term financial wealth. One day, I hope to develop the same buildings I help clients purchase.
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One Response to 17 Grosvenor Lane for Sale in Cambridge, Ontario

  1. Nice blog.
    its excellent
    Really i loved read this blog.
    Its highly informative. I would be visiting your blog hereafter regularly to gather valuable information.

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