51 Memory Lane

Nestled in the charming Hespeler neighbourhood, this delightful house for sale in Cambridge at 51 Memory Lane, Cambridge, is the perfect family home. With its spacious layout and modern features, this detached raised bungalow is designed to cater to all your family's needs. Offering a total of 11 rooms, including three bedrooms on the main floor and two additional rooms downstairs, this property is a fantastic find for those seeking both comfort and versatility.

As you step inside this lovely house for sale in Cambridge, you are greeted by a welcoming front foyer with a split entrance that leads you to the heart of the home. The formal living and dining room, combined for an open feel, is ideal for family gatherings or entertaining guests. The kitchen is truly a dream, boasting a built-in dishwasher, a pantry, a microwave shelf, and an extended counter with wall tiles that add a touch of elegance. The main bathroom has been updated with a stylish vanity, ensuring that you have all the modern conveniences at your fingertips.

One of the standout features of this house for sale in Cambridge is the full, finished basement, which offers endless possibilities. With a separate entrance, it could easily be transformed into an in-law suite or a fantastic recreational space. The basement includes two additional bedrooms and a four-piece bathroom, complete with a corner jetted tub and shower – perfect for unwinding after a long day. The recent updates, including a new furnace and central air conditioning installed in 2017, ensure that this home is not only comfortable but also energy efficient.

The exterior of 51 Memory Lane, Cambridge, is equally impressive. The landscaped yard is fully fenced, providing a safe space for children or pets to play. The property features a private double-wide driveway that accommodates two cars, along with an attached garage that has convenient front and back doors. This allows for easy access to the rear patio, where you can enjoy outdoor living to the fullest. While there is no pool, the spacious backyard offers plenty of room for outdoor activities or simply relaxing in the sun.

Location is key, and this house for sale in Cambridge does not disappoint. Situated just a stone's throw from Silverheights Public School and St Gabriel Separate School, it's perfect for families with children. The area is also surrounded by parks and trails, making it easy to enjoy the great outdoors. Plus, with shopping amenities nearby, you'll have everything you need within reach. For those commuting, the connection to the 401 is unbeatable, with the property being just minutes away from Highway 24.

As for the age of the property, this charming bungalow was built in 1988, and it has been well-maintained over the years. The full basement, complete with a sump pump, adds to the practicality of the home, ensuring that you have ample storage space while keeping everything dry and secure.

In summary, if you're looking for a spacious and versatile home in a desirable location, this house for sale in Cambridge at 51 Memory Lane, Cambridge, is a must-see. With its three bedrooms, two additional rooms, and a wealth of features, it truly has something for everyone. Don’t miss your chance to make this wonderful property your new home. Available for possession in the first week of December, just in time for the holidays, so be sure to call your agent today to arrange a viewing!

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Just 0.2 km away, Silverheights Public School offers an English-language curriculum for grades JK to 8 and boasts a solid school rating of 7.2. St. Gabriel Catholic Elementary School, located only 0.3 km from the property, provides a Catholic education in English for the same grade levels, with a rating of 7.1. For secondary education, Jacob Hespeler Secondary School is situated 2.4 km away, serving grades 9 to 12 with a rating of 6.6. Additionally, Hespeler Public School, also 2.4 km from the property, offers a French-language program for grades 1 to 8, rated at 6.6. Lastly, Our Lady of Fatima Catholic Elementary School, located 1.7 km away, caters to grades 1 to 6 in French, though it has a lower rating of 5.8. With a variety of educational options nearby, including both public and Catholic institutions, families will find a supportive and enriching environment for their children’s education.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, vibrant community with a population of 568 residents as of 2021. The average household consists of three individuals, and the population's average age is 38.2 years, indicating a relatively youthful demographic. The average household income stands at an impressive $115,000, with only 3.2% of the population classified as low-income. The housing market reflects this affluence, with an average property price of $628,000. Approximately 37.23% of residents are single, while half of the households include children, highlighting a family-friendly environment. The community is also diverse, with 13.16% of residents being immigrants. Homeownership is prevalent, as only 10.53% of residents are renters, and there are no condominiums in the area. Educational attainment is notable, with 39.13% of the population holding a college or university degree. However, 23.91% of the residents are not in the labor force, which may suggest a mix of retirees or individuals pursuing education. Overall, this area presents a balanced blend of families, professionals, and a strong sense of community.