8 GORDON Street

About this home.

Welcome to this well-maintained 3+2 bedroom bungalow, offering a functional layout, modern updates, and fully renovated basement. The bright main level features three bedrooms, a full bathroom, and a comfortable spacious living area perfect for everyday living. The fully renovated basement expands the home’s versatility with an additional bedroom, bathroom, living space, and kitchen making it ideal for extended family, guests, or a future mortgage helper. With its thoughtful updates and flexible layout, the lower level offers outstanding potential for multi-generational living or income opportunities. Outside, enjoy a very large private yard perfect for relaxing or entertaining. Located in a family-friendly Cambridge neighbourhood close to parks, schools, shopping, and transit, this home offers the perfect combination of comfort, convenience, and long-term value. Whether you’re a first-time buyer, investor, or looking for a home with in-law suite potential, this bungalow is a fantastic opportunity. (id:59491)

The full record.

How this listing prices against St Gregory's/Tait.

St Gregory's/Tait posted 5 sales and 20 active listings, which gives this part of Cambridge a softer tone than the city average. The average sale price was $554,000, well below the city average, and homes took 26.4 days to sell while achieving 92.37% of list, a sign that buyers are pushing harder on price here. Freeholds moved much more cleanly than condos, which were weighed down by one long-running sale. This is an area where the lower price point is drawing activity, but sellers are not getting city-average pricing power.

Estimate the monthly carry.