Property Type: Detached HouseOwnership: Freehold

188 EDWARD Street

Cambridge, BC N3C1K5

$549,900

3 bed1 bath6 parking1,045 sqftBuilt 1969
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Property Details

Property & Lot

Sub-type
House
Style
Other
Stories
2
Frontage
28 feet

RS1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$3,149

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
None

Exterior & Lot

Exterior features
Brick, Aluminum siding
Lot features
Backs on greenbelt

Building

Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
Recreation roomBasement13'0'' x 16'0''
BedroomSecond level9'3'' x 12'0''
BedroomSecond level7'9'' x 15'0''
Primary BedroomSecond level19'8'' x 13'6''
4pc BathroomSecond level
KitchenMain level8'6'' x 12'0''
Living roomMain level12'6'' x 14'0''

Listing Information

MLS®
40859912
Listed
September 1, 2026
Time on market
On the market for 13 days
Data last synced
September 15, 2026

Listing provided by: Re/Max REALTY SERVICES INC · Data source: CREA DDF.

Description

Gorgeous, Fully Renovated, Turnkey Freehold Semi Situated On A 28.18 By 176.66 FT Deep Lot In The Heart Of Hespeler Village. The Home Features A Large Living Space With An Abundance Of Natural Light, Brand-New Flooring Throughout, Fresh Paint, And A Brand-New Kitchen Complete With S/S Appliances, A Built-In Dishwasher, Quartz Countertops, And An Upgraded Backsplash. The Spacious Breakfast Area Walks Out To A Beautiful Deck With Unobstructed Views Of The Backyard. The Second Level Offers Three Spacious Bedrooms And A Fully Upgraded Bathroom. The Finished Basement Features A Large Recreation Room And A Separate Entrance. All Flooring, Paint, Kitchen Finishes, Light Fixtures, And The 100-Amp Electrical Panel Were Completed In The Summer Of 2026. Move-In Ready! ** RENTAL ITEMS ** Hot Water Tank (if rental) (id:63159)

Values & Trends

This listing

$526/sqft

Building average

No other active listings in this building

40 - Centennial average

$450/sqft

3 active listing(s)

Parking: 6 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: 5.5% ($29,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,920.00
Periodic payment — Principal & Interest (monthly)$2,838.21
Additional monthly expenses (strata, tax, utilities, etc.)$314.42
Total monthly cost$3,152.63
Interest paid over 5-yr term$126,082.34
Balance at end of term$395,709.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,990
Stress test qualifying rate8.09%
Payment you must qualify for$3,997.93

Cash Needed at Closing

Minimum down payment$29,990
Estimated BC PTT$8,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,488

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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