Property Type: Detached HouseOwnership: Freehold

114 GRAND Avenue S

Cambridge, BC N1S2M2

$525,000

3 bed2 bath5 parking1,500 sqft
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Property Details

Property & Lot

Sub-type
House
Stories
1.5
Frontage
66 feet

FRS1RM4

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,287

Interior

Basement
Unfinished, Partial
Heating
Radiant heat, Natural gas
Cooling / A/C
None
Fireplace
None
Appliances
Washer, Refrigerator, Water softener, Stove, Dryer

Exterior & Lot

Exterior features
Stucco, Vinyl siding
View
Unobstructed Water View
Waterfront
Waterfront on river
Water body
Grand River
Lot features
Paved driveway

Building

Foundation
Stone
Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
5 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
4pc BathroomSecond level
Recreation roomSecond level10'0'' x 17'0''
3pc BathroomMain level
BedroomMain level8'0'' x 10'0''
BedroomMain level10'5'' x 10'0''
Family roomMain level13'5'' x 12'0''
Bonus RoomMain level10'0'' x 10'0''
Primary BedroomMain level12'0'' x 13'0''
KitchenMain level12'0'' x 24'0''
Living roomMain level12'0'' x 13'0''

Listing Information

MLS®
40826070
Listed
May 1, 2026
Time on market
On the market for 137 days
Data last synced
September 15, 2026

Listing provided by: RE/MAX Escarpment Golfi Realty Inc. · Data source: CREA DDF.

Description

Directly across from the Grand River, 114 Grand Ave S offers a rare opportunity to own in one of Cambridge’s most desirable historic pockets. This detached home sits on a deep lot and is just a short stroll from the Gaslight District, Victoria Park, and Grand River trails. New Furnace & Main Waterline (2022). Owned Water Softener (2022). New Roof (2019). Detached Garage. This location is a Walker’s Paradise near top-tier schools and downtown amenities, while offering effortless access to the highway for commuters. Whether you are looking to renovate your riverside dream home or make a strategic investment in a high-growth area, the possibilities here are endless. (id:63159)

Values & Trends

This listing

$350/sqft

Building average

No other active listings in this building

10 - Victoria average

$400/sqft

6 active listing(s)

Parking: 5 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Guelph

20°C

Humidity 58%

Wind S 10 km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

24°

Thursday night

11°

Source: Environment and Climate Change Canada.

Population

139,163

(2021 Census)

+6.6% since 2016

Density: 615.3/km²

Dwellings: 53,491

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($27,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$420,000.00
Periodic payment — Principal & Interest (monthly)$2,709.70
Additional monthly expenses (strata, tax, utilities, etc.)$432.25
Total monthly cost$3,141.95
Interest paid over 5-yr term$120,373.21
Balance at end of term$377,791.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,825.60

Cash Needed at Closing

Minimum down payment$27,500
Estimated BC PTT$8,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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