Property Type: Detached HouseOwnership: Freehold

118 CHESTER Drive

Cambridge, BC N1T0B1

$775,000

4 bed2 bath3 parking2,278 sqftBuilt 2011
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Property Details

Property & Lot

Sub-type
House
Style
Bungalow
Stories
1
Frontage
35 feet

(H) R4

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,534.58

Interior

Basement
Finished, Full
Heating
Natural gas
Cooling / A/C
Central air conditioning
Fireplace
None
Appliances
Washer, Refrigerator, Water purifier, Water softener, Dishwasher, Stove, Dryer, Freezer, Central Vacuum - Roughed In, Window Coverings, Garage door opener, Microwave Built-in

Exterior & Lot

Exterior features
Brick
Lot features
Sump Pump, Automatic Garage Door Opener
Fencing
Partially fenced

Building

Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
3 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomBasement13'6'' x 12'1''
4pc BathroomBasement8'0'' x 8'11''
Recreation roomBasement13'1'' x 19'6''
BedroomBasement9'9'' x 14'0''
BedroomBasement11'3'' x 16'7''
5pc BathroomMain level6'1'' x 13'4''
BedroomMain level10'1'' x 13'1''
Primary BedroomMain level16'11'' x 13'2''
Dining roomMain level14'0'' x 10'11''
KitchenMain level13'9'' x 10'9''
Living roomMain level10'2'' x 17'0''

Listing Information

MLS®
40850172
Listed
July 23, 2026
Time on market
On the market for 54 days
Data last synced
September 15, 2026

Listing provided by: GRAND WEST REALTY INC., BROKERAGE · Data source: CREA DDF.

Description

BUNGALOW WITH IN-LAW POTENTIAL: Located in a sought after, family-friendly neighborhood; this fully finished brick bungalow is squeaky clean, shows great and offers over 2200sqft of finished living space. The bright, open-concept main level features a spacious living room and a dining area overlooking the large, functional wrap around kitchen with ample counter space, pantry and plenty of storage. This level also includes hardwood + ceramic floors, large 5pcs bath and two generously sized bedrooms, with the primary suite boasting separate his and her closets. Needing extra space for the kids or in-laws? The finished basement boasts a huge rec room, two large bedrooms, four-piece bath, cold cellar and a spacious utility/storage area. This floor plan lends itself perfectly to a potential future IN-LAW set-up with its walk-out basement and rough-in wet bar (future kitchenette). Enjoy morning coffee or an evening cocktail on either the upper or lower decks which overlook a gorgeously landscaped, partially fenced yard with rock garden and shed. First time offered on the market, this carpet-free, one-owner home also features 5 appliances, c/air, water softener, water purifier, enclosed porch, concrete drive and concrete stairway to yard. This fabulous home is situated in a convenient East Galt location just minutes to shopping, parks, nature trails, future Cambridge Recreation Complex and brand new public + catholic schools set to open September 2026. Be sure to add 118 Chester Drive to your must see list today!! (id:63159)

Values & Trends

This listing

$340/sqft

Building average

No other active listings in this building

23 - Branchton Park average

$390/sqft

15 active listing(s)

Parking: 3 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

15°C

Humidity 78%

Wind SSE 9 km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

24°

Thursday night

11°

Source: Environment and Climate Change Canada.

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: 6.8% ($52,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$620,000.00
Periodic payment — Principal & Interest (monthly)$4,000.03
Additional monthly expenses (strata, tax, utilities, etc.)$575.21
Total monthly cost$4,575.24
Interest paid over 5-yr term$177,693.78
Balance at end of term$557,692.01

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$52,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,555.77

Cash Needed at Closing

Minimum down payment$52,500
Estimated BC PTT$13,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$67,500

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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