123 NORFOLK Avenue

About this home.

This is one of those rare opportunities. Everyone is saying first time buyers don't have a chance in this market. Well here's your chance. When is the last time you've seen a well maintained detached home, on a large lot, for this price? One bedroom on the main floor and one on the second floor. This home was gutted and rebuilt starting in 2012. New attic insulation, New wiring, new plumbing, new windows, new doors all in 2012, furnace 2021, central air 2014, roof 2015, fence & porch 2015, kitchen cabinet refaced 2026, soffit, fascia, eaves in 2019. Relax and entertain on new deck overlooking large backyard. Fully fenced with a gate at the back corner meant to allow vehicle access for parking in the far back of the yard if needed. Storage shed on concrete pad. Perfectly situated close to schools, public transit, the 401, parks & all major amenities. (id:59491)

The full record.

How this listing prices against Elgin Park/Coronation.

Elgin Park/Coronation posted 9 sales and 24 active listings, making it one of Cambridge's steadier mid-market neighbourhoods this period. The average sale price was $660,000, below the city average, while homes sold in 21.33 days and at 97.95% of list, almost in line with citywide conditions. This area had meaningful movement in both freeholds and condos, which is not true everywhere in Cambridge right now. The split market gives buyers options across different property types without a major gap in pricing power.

Estimate the monthly carry.