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Price Change$999,000

182 Kerwood Drive

, Cambridge

$999,900

Detached|2-Storey
4 | 4 | 6
About this home

Beautifully renovated with a fully legal, city-approved second dwelling unit (2022), this exceptional 5-bedroom home offers the rare combination of modern living, income potential, and outstanding flexibility. Sun-filled living spaces are complemented by premium hardwood flooring throughout the main and upper levels, updated millwork, modern lighting, and fresh professional paint, creating a timeless interior that is both elegant and inviting. At the heart of the home, the spacious kitchen offers abundant workspace and is enhanced by a newly installed dishwasher and reverse osmosis water filtration system. The legal lower-level suite is thoughtfully designed with a full kitchen, oversized above-grade windows, a private walkout, patio, and separate pathway, making it ideal for multi-generational living, extended family, or a premium rental opportunity. Step outside to a full-width deck (2022) overlooking a private backyard providing a peaceful setting for entertaining or quiet evenings outdoors. A rare 28-foot deep double garage comfortably accommodates two full-size pickup trucks while still offering generous space for a workshop, hobbies, or additional storage. Its added depth also enhances the home's curb appeal by positioning the residence farther back from the street. Significant recent improvements include a newer roof, professionally painted exterior, and extensive concrete work across the driveway, side yard, and backyard (2022/2023). Thoughtfully updated throughout and complete with a legal second suite, this move-in-ready home offers exceptional flexibility, enduring quality, and lasting value. *Measurements as per Iguide with total exterior area above grade.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age16-30
Size1500-2000 sq. ft.
Property Tax$7,158
Lot Size40.03 ft x 114.77 ft
mls© NumberX13508188
Listed ByROYAL LEPAGE WOLLE REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,118
Property tax
$597
Heat allowance
$150
Housing costs
$5,864 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $199,980
25-yr amortization

Income needed

$180,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$199,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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