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Listed 17 days ago

3 - 90 Alderson Drive

, Cambridge

$799,000

Detached|2-Storey
3 | 4 | 3 | 0
About this home

Tucked away on a quiet private street in Hespeler, this detached family home offers a great layout, lots of usable space and excellent privacy. With a fully finished basement and outdoor living on two levels, it's a home that makes day-to-day life feel a little easier. Another added convenience: interior access to the garage. The main floor is bright and comfortable, with a vaulted ceiling, spacious kitchen and plenty of room to gather. The L-shaped living and dining areas work just as well for a quiet night in as they do when you have family and friends over. Step outside to the large deck with gazebo and natural gas BBQ line, where you can enjoy summer dinners, morning coffee or simply unwind at the end of the day. Upstairs are three good-sized bedrooms, including a spacious primary with ensuite. The finished lower level adds even more flexibility, with high ceilings, a large rec room and a separate den/office that can become whatever you need it to be - a guest room, gym, playroom or dedicated work-from-home space. There's also a new 3 piece bathroom here and direct walkout access to the backyard. With no homes directly behind you, the backyard feels open and private without being a lot of work to maintain. Neighbours have added a kitchen and turned the basement into a legal apartment securing rental income to offset their mortgage. Alderson Drive is a small private enclave where the traffic is from the people who actually live here. The monthly common-elements fee includes snow removal and private garbage collection, so there are fewer things for you to worry about. You're just minutes from the 401 and close to schools, parks, trails, the Grand River and Hespeler Village, so you can enjoy a quieter setting without giving up convenience. Come see how easily you could make this home your own!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,412
mls© NumberX13840198
Listed ByREAL ESTATE HOMEWARD

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%
$4,090
Property tax
$451
Heat allowance
$150
Housing costs
$4,691 / mo

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

Down payment20% · $159,800
25-yr amortization

Income needed

$144,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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