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Basara.

Cambridge · Shades Mills · Detached · MLS# 40823265

318 BURNETT Avenue

$789,000

3

bed

3

bath

1,802

sqft

1984

built

Detached · $438/sqft

Ask an agent about this property

Listed April 22, 2026

About this home.

Welcome to 318 Burnett Ave, a 3-bedroom, 3-bathroom home in one of Cambridge's most convenient and well-connected neighbourhoods, proudly owned by one family since day one. The main level flows beautifully, with an open-concept living and dining area bathed in natural light from large windows. The kitchen is fully equipped with all appliances and offers generous cabinetry for storage and function. The family room is a highlight of the home, featuring a fireplace and a walkout to the backyard, making it a natural gathering spot no matter the season. The primary bedroom is genuinely impressive in size and includes a private ensuite. The two additional bedrooms are spacious and work well for kids, guests, or a home office. The unfinished basement gives you real flexibility to build the space you want. The large backyard includes plenty of green space to enjoy. The location is hard to beat, with schools, shops, restaurants, and daily essentials all close by. The major updates have already been taken care of. The roof was replaced in 2020, windows and doors in 2021, and the garage doors are brand new in 2025. The furnace, AC, and heat pump were all updated in 2023, and a water filter system and water softener were both installed in 2025, giving you peace of mind from the moment you move in. (id:59491)

The full record.

Property typeDetached
Year built1984
Square footage1,802 sqft
Lot size0
Bedrooms3
Bathrooms3
HeatingForced air,, ,Natural gas
CoolingCentral air conditioning
ListedApril 22, 2026

How this listing prices against Shades Mills.

3

Sales

$1,067,000

Median price

57

Days on market

98.0%

% of list

8

Active listings

N/A

Months supply

Shades Mills saw 3 sales and 8 active listings in a clearly upscale segment of Cambridge. The average price reached $1,001,000, well above the city average, but homes took 57 days to sell, which is among the slowest timelines in the city even though sellers still achieved 98.04 percent of list. That combination suggests buyers are selective at this price point, but willing to pay close to asking once they commit.

Read the full Cambridgereport →

Estimate the monthly carry.

Down payment
%($157,800)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$3,613

Principal$631,200
Total interest$452,735
Total paid$1,083,935

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

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318 BURNETT Avenue, Cambridge — $789,000