40 ALDERSON DRIVE, Cambridge

$779,000

For sale: Detached

Detached at 40 ALDERSON DRIVE, Cambridge
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 4 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13562014

Welcome to this beautifully maintained detached home situated on a premium 52-ft corner lot in a desirable and family-friendly neighborhood of Cambridge. This spacious property offers a functional layout featuring 3 generously sized bedrooms on the upper level plus an additional bedroom in the fully finished basement, along with 4 well-appointed bathrooms throughout the home. The fully finished basement adds incredible versatility and includes an additional kitchen, creating a convenient 1+1 kitchen setup-perfect for extended family living or potential rental income. Step outside to enjoy a beautiful, fully fenced backyard offering privacy and an ideal space for relaxation and entertaining. The backyard also features a charming gazebo, creating the perfect setting for outdoor gatherings, summer evenings, and family enjoyment. Situated on a corner lot, the home benefits from extra outdoor space, added privacy, and great curb appeal. Conveniently located close to schools, parks, shopping, and major amenities, this property presents a fantastic opportunity for families or investors seeking comfort, space, and income potential.

Sold data

Detached homes in Cambridge — recent sold market

Detached homes in Cambridge took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 36, across 218 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 28 days.

The median sale price was $750,000.

Homes sold for about 1.5% below asking on average, so there was room to negotiate.

About 33% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
19
Median sale price
$750,000
Sale-to-list ratio
98.5%
Sold above asking
33%

Based on 218 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Cambridge

Cambridge has 46 Fraser Institute–rated schools (38 elementary and 8 secondary), averaging 5.6/10.

Rated schools
46
Elementary
38
Secondary
8
Average rating
5.6 / 10

Top-rated schools in Cambridge

  • Islamic School of CambridgeelementaryFraser rating 10.0/10
  • Ontario Muslim AcademyelementaryFraser rating 10.0/10
  • Mother TheresaelementaryFraser rating 7.5/10
  • Père-René-de-GalinéesecondaryFraser rating 7.2/10
  • St MargaretelementaryFraser rating 7.2/10
  • ParkwayelementaryFraser rating 6.8/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 40 ALDERSON DRIVE