$ 499,000

Renovated Semi-Detached with Finished Basement Near Galt Arena

Property details for 36 Kerr Street, Cambridge

Type
Residential
Style
Other
Bedrooms
3
Bathrooms
2
Living Area
1,248 square feet
Stories
2
Basement
Finished, Full
Heating
Forced air
Cooling
Central air conditioning
Exterior
Brick
Ownership
Freehold
Annual Taxes
$2,553

Fully renovated semi-detached house with 3 beds and 2 full baths in Cambridge's City Core Wellington. The 2020 reno touched everything: vinyl plank floors throughout, pot lights, a kitchen with quartz counters, gas stove, and stainless appliances. Second floor is carpet-free with three bedrooms and a 5-piece bath with double vanity. Basement is finished with its own entrance, bath, and laundry hookups, and a separate side door makes in-law or rental potential easy. Backyard has a stone patio, covered BBQ area, and new tall fence (2022) with mature trees for privacy. Driveway is concrete (2023), and the water heater is owned. Windows, doors, and major systems like plumbing and electrical were all updated in 2020. 100-amp copper service and an EcoBee thermostat top it off. Frontage is just 24 feet, which is tight for a semi, but the interior uses space well. Just over 1,200 square feet above grade, plus the basement, which is fully finished and bright. Close to the Grand River, restaurants about 600 metres away, and the Galt Arena a short walk. Taxes run about $2,550 a year, and the price at $499,000 feels sharp given the median sold nearby is $577k. Big value for someone who wants move-in ready with rental opportunity.

About 36 Kerr Street, Cambridge — Property Score

72
Strong Investment Well Priced Hot Market
Score: 72/100
Value
82
Priced 18.2% below area median of $609,950 based on 56 comparable properties nearby 97
$400/sqft - 18.5% below the $491/sqft area median 98
Stable pricing - no price changes since original listing date 50
Size
59
1,248 sqft - 3% less space than similarly priced homes (1,292 sqft median) 58
3 bedrooms - typical for similarly priced homes 60
2 bathrooms - typical for similarly priced properties 60
Location
71
$52K median household income - below the Canadian average of $70K 56
67% of residents hold postsecondary credentials - a highly educated neighbourhood 77
38% homeownership rate - a renter-majority neighbourhood 56
60% of residents commute under 30 minutes - excellent commuter accessibility 78
1,918/km² population density - a well-balanced suburban area 89
Market
80
Just listed - area average is 41 days on market 100
+10.4% median price change over 1 month - rising prices in the area 100
49.4 months of housing supply - 395 active listings with 8 sold last month (buyer's market) 40
Features
76
3-car parking - area average is 4.9 spots 80
Finished, Full basement - adds valuable living space 85
standard forced air system 75
Central air conditioning - whole-home cooling 90
No premium extras like pool, waterfront, or view 50
Investment
93
0.51% effective tax rate ($2,552/yr) - very low tax burden 85
63% renter population - strong rental demand in this area 100
Quality
50
Condition
50
Listing
84
43 photos provided - 8% more than the area average of 40 photos 92
5 of 7 key property details provided (71%) - good detail coverage 76

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.

Full Listing Description

All Property Details

Neighbourhood Census Data

Cambridge, Ontario

Population
1,191
Median Age
34.6
Median Income
$25,984
Dwelling Value
$264,507

Housing Tenure

Owners 38%
Renters 63%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.5
Pop. Density: 1,917.9/km²
Avg Shelter Cost: $968/mo
Owners with Mortgage: 48.6%
Owners Spending 30%+: 17.6%
Tenants Spending 30%+: 32.2%
English only: 92%
English and French: 3.4%
Neither: 5%
Median Household Income: $51,584
Median Employment Income: $27,840

Price History

Contact Agent Get in touch about 36 Kerr Street, Cambridge

Rajvir Grewal
Rajvir Grewal
Re/Max GOLD REALTY INC