Property Type: Detached HouseOwnership: Freehold

321 HIGHLAND Park

Cambridge, BC N3H3H8

$620,000

2 bed2.5 bath4 parking1,162 sqft
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Property Details

Property & Lot

Sub-type
House
Style
Bungalow
Stories
1
Lot size
0.2 acres
Frontage
57 feet

R2

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,439

Interior

Basement
Partially finished, Full
Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None
Appliances
Washer, Refrigerator, Stove, Dryer, Hood Fan

Exterior & Lot

Exterior features
Aluminum siding

Building

Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
4 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
StorageLower level
Recreation roomLower level
2pc BathroomLower level
BedroomMain level12'1'' x 12'9''
Living roomMain level13'8'' x 17'0''
KitchenMain level11'1'' x 13'8''
FoyerMain level
Dining roomMain level10'2'' x 11'5''
Bonus RoomMain level
BedroomMain level10'2'' x 12'9''
4pc BathroomMain level

Listing Information

MLS®
40859703
Listed
September 1, 2026
Time on market
On the market for 14 days
Data last synced
September 15, 2026

Listing provided by: Re/Max Icon Realty · Data source: CREA DDF.

Description

Welcome to 321 Highland Park! Located in a highly sought-after Cambridge neighborhood, this well-maintained 2-bedroom, 2-bathroom home offers approximately 1,200 sq. ft. of comfortable and functional living space. The inviting layout provides plenty of room to relax, entertain, and enjoy everyday living. A separate double-car garage is a rare and highly desirable feature, offering ample parking plus excellent storage space. With 2 bedrooms, 2 bathrooms, and a great-sized footprint, this home is ideal for first-time buyers, downsizers, or anyone looking for a fantastic opportunity in a desirable location. Move in and work at making it yours, included in photos are bonus designer renderings of the potential of this little gem. Enjoy the convenience of being close to parks, schools, shopping, dining, transit, and major roadways. Great space, great location, and an exceptional double-car garage—321 Highland Park is one you won’t want to miss! (id:63159)

Values & Trends

This listing

$534/sqft

Building average

No other active listings in this building

53 - Preston South average

$432/sqft

11 active listing(s)

Parking: 4 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: 6.0% ($37,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$496,000.00
Periodic payment — Principal & Interest (monthly)$3,200.02
Additional monthly expenses (strata, tax, utilities, etc.)$427.92
Total monthly cost$3,627.94
Interest paid over 5-yr term$142,155.03
Balance at end of term$446,153.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$37,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,483.07

Cash Needed at Closing

Minimum down payment$37,000
Estimated BC PTT$10,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$48,900

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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