Home with vinyl exterior material, street for 56 Scott Rd, Cambridge Ontario N3C 2X4
6 hours on Market

56 Scott Rd, Cambridge, Ontario N3C 2X4

Detached
4 + 4
4
~1100-1500 sqft
$799,900
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Detached
4 + 4
4
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$630/sqft

Est. Mortgage$3,435/mo

Tax Amount (2025)$4,600/yr

Days On Market6 hours


Description

Discover your dream home and income opportunity at 56 Scott Road, a fully renovated 8 Bedrooms 4 Full Bathrooms detached bungalow nestled in Hespeler the most charming village within Cambridge. Boasting a spacious 2,450 sq ft of total living space on a beautiful 50126 ravine lot backing onto lush greenery, In this versatile property main level features 4-bedroom with 2 full bathrooms (including a soaker jacuzzi),Upgraded Kitchen, living room with Hardwood flooring and Laundry room. Also Rarely Featuring two legal, self-contained basement units, with Separate Entrances each offering 2 bedrooms, Separate kitchens/living areas, 1 full bath each, and common laundry. Quartz Countertops and 48x24 Ceramic tiles in all 3Kitchens, laminate flooring in all the bedrooms. Big Backyard with Storage Unit/Shed. With a 6-car driveway and extremely convenient access just 2 minutes to Highway?401 and 5 minutes to nearby big-box stores like Walmart, Home Depot, and Best Buy this home is perfectly positioned for modern suburban living. Situated within the sought-after Hespeler neighbourhood, enjoy proximity to top schools, the serene Mill Pond and Forbes Park with trails and splash pads, and the vibrant Hespeler Village along the Speed Riverhome to boutique shops, cafés, restaurants, the Fashion History Museum, Hespeler Heritage Centre, and the Hespeler Idea Exchange library. Ideal for first-time buyers, this property allows you to live virtually mortgage-free, with rental income from the two basement units offsetting monthly payments. Investors will appreciate the strong Income potential from 3 independent living units. Whether you're entering the property market or expanding your investment portfolio, 56 Scott Road delivers exceptional value in a friendly, established community that blends character, convenience, and financial opportunity.


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size6,346 SqFt(126.92 x 50)
Parking Spaces6
MLS ®NumberX12238141
Community NameSilverheights
Data SourceTRREB
Listing bySAVE MAX REAL ESTATE INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full

Main Floor

Living

11.0 x 15.0

Bay Window / hardwood floor

Kitchen

15.0 x 11.0

Double Sink / Pantry / Tile Floor

Primary

13.0 x 11.0

Laminate

Br

13.0 x 11.0

Laminate


Features

Lot size: 6,346 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by SAVE MAX REAL ESTATE INC., Brokerage

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Market Data - Silverheights

Geo Zone Map ThumbnailSilverheights

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

12 days

Compared to

2024

13 days

2023

16 days

2022

9 days

New Listings

Past 30 days

7 listings

Compared to

2024

5 listings

2023

5 listings

2022

13 listings

Units sold

Past 30 days

7 units

Compared to

2024

3 units

2023

3 units

2022

7 units

Median Sold Price

Past 30 days

$800,000

Compared to

2024

$960,000

2023

$731,001

2022

$880,000


Population and Demographics

Overview

Total population 3012
Average household income $127,264

Age (%)

0 to 19
26%
35 to 49
22%
20 to 34
20%
50 to 64
19%
65 and plus
11%

Household composition (%)

Single family
80%
Single person
15%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
84%
Punjabi (Panjabi)
4%
Others
3%
Urdu
2%
Portuguese
2%
Spanish
1%
French
1%

House tenancy (%)

Owners
86%
Renters
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget