$499,000
For sale: Detached

Welcome to 76 Avenue Rd, a beautifully renovated and well-maintained bungalow situated on a desirable corner lot in an established Cambridge neighbourhood. Offering 2+1 bedrooms and 2 bathrooms with approximately 1,075 sq. ft. of living space, this home features a refreshed kitchen, bright and inviting principal rooms, and comfortable main-floor living. The finished lower level adds incredible versatility with a second kitchen, bathroom, and separate entrance, creating an ideal space for extended family, guests, or flexible living arrangements. With its separate entrance, second kitchen and bathroom, the lower level offers huge potential for creating a secondary suite, subject to City of Cambridge approvals and applicable zoning requirements. The approximately 40' x 107' corner lot provides excellent outdoor space, added privacy, and future potential, with opportunities for an additional residential unit or other development possibilities, subject to City approvals and zoning requirements. A school located on the same block adds exceptional convenience for families, while the established neighbourhood offers a great balance of comfort and accessibility. Whether you're a first-time buyer, growing family, downsizer, or investor, 76 Avenue Rd presents a fantastic opportunity to own a move-in-ready detached home with valuable lower-level space and exciting future potential.
Sold data
Detached homes in Cambridge took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 41, across 207 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.
The median sale price was $749,000.
Homes sold for about 1.9% below asking on average, so there was room to negotiate.
About 30% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 207 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Cambridge has 46 Fraser Institute–rated schools (38 elementary and 8 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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