317 Christopher Drive, Cambridge

$724,900
317 Christopher Drive

$724,900

Price Change
22d
DetachedBungalow-Raised

317 Christopher Drive, Cambridge

Total Monthly Obligation $3,704

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
22d
Score
18
Yield
4.7%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Detached
MLS® Number-X13850446
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-40.35 × 104.99 ft
Listed on site-Oct 1, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-16-30
Taxes-$4,854 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

This charming 4-bedroom, 2-bath raised bungalow in South Cambridge features a double-car garage and offers plenty of space for first-time buyers, empty nesters, or families looking for room to grow. The bright upper level features an open-concept layout with two bedrooms, including a spacious primary bedroom with a walk-in closet. The fully finished lower level adds significant additional living space and offers the option to create two more bedrooms, both with oversized windows, while still maintaining a comfortable family room with a gas fireplace. A large utility room provides plenty of space for storage and laundry. With its layout and flexibility, the lower level may also offer potential for an in-law setup. Outside, the low-maintenance backyard is fully fenced and backs onto the neighbouring high school's track, offering added privacy with no rear neighbours. Located in a desirable family-friendly South Cambridge neighbourhood, this home is close to schools, shopping, parks, and everyday amenities. With a fully finished basement and the potential for up to four bedrooms, this home offers excellent flexibility for today and the future.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$579,920
Land Transfer Taxes$10,973
Legal Fees (Est.)
$
Total cash required for closing$157,453

Total Monthly Obligation

$3,704/mo
Mortgage $2,924
Monthly Loss $2,934
Principal$769
Interest$2,155
Property Tax$405
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.7%27
10-Year IRR
9.6%
Returns Index
14.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$34,200/yr
NOI
$21,426/yr
Net Cash Flow
-$1,139/mo
Cash Margin
-39.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.5/ 100

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

Comparables

Properties near 317 Christopher Drive

Time

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