76 Avenue Road, Cambridge

$499,000
76 Avenue Road

$499,000

New
23d
Detached1 1/2 Storey

76 Avenue Road, Cambridge

Total Monthly Obligation $2,589

Beds
3
Baths
2
Park
5
Sqft
< 700
DOM
23d
Score
26
Yield
6.5%
Cash on Cash
4.3%
Cap Rate
5.5%
5Y IRR
19.0%
10Y IRR
17.5%
Property Type-Detached
MLS® Number-X13844398
Beds-3
Bathrooms-2
Size-< 700 sqft
Lot Size-40 × 102 ft
Listed on site-Sep 30, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$2,414 (2025)
Parking-5 - None
Basement-Finished
Heating-Other (Gas)
Brokerage-EXP REALTY
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Vinyl Siding, Wood
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Title-Residential Freehold

No agent assigned

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.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$2,589/mo
Mortgage $2,013
Monthly Loss $2,059
Principal$530
Interest$1,483
Property Tax$201
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.8%5
5-Year IRR
14.3%66
10-Year IRR
14.0%
Returns Index
34.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,400/yr
NOI
$22,246/yr
Net Cash Flow
-$159/mo
Cash Margin
-5.9%2
Cash Flow Index
1.5/ 100
Risk Profile
Weight: 20%
DSCR
0.9221
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
34.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 76 Avenue Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.