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Cambridge · Shades Mills · Detached · MLS# 40835879

123 CRANSTON Avenue

$1,049,000

4

bed

4

bath

2,400

sqft

Detached · $437/sqft

Listed June 2, 2026

About this home.

Welcome to 123 Cranston Avenue, Cambridge — a beautifully maintained family home situated on a large, mature lot in one of Cambridge's most desirable neighbourhoods. Offering 4 spacious bedrooms, 4 bathrooms, and a double-car garage, this impressive residence combines stylish family living with exceptional indoor and outdoor entertaining spaces. The heart of the home is the fully updated kitchen, thoughtfully designed with modern finishes, ample cabinetry, and a functional layout that seamlessly flows into the open-concept living and dining areas. Perfect for both everyday living and entertaining, the bright and inviting main floor creates a warm atmosphere for family and guests alike. The fully finished lower level is highlighted by a spacious recreation room featuring a stunning brick fireplace, built-in entertainment area, and plenty of room for family gatherings, movie nights, or game-day celebrations. An updated lower-level bathroom with a modern glass walk-in shower adds both style and convenience. Step outside and discover your own private backyard oasis. Designed for entertaining and relaxation, the outdoor space features an expansive deck, covered pavilion, gazebo, beautifully landscaped grounds, mature trees, lush green lawn, and a picturesque koi pond with tranquil water features. Whether you're hosting summer gatherings or enjoying a quiet evening outdoors, this backyard offers a truly resort-like experience. A rare and exceptional bonus is the detached outbuilding, thoughtfully outfitted with a kitchen that is perfect for hobbyist chefs, passionate home cooks, bakers, or culinary enthusiasts. Whether you're preparing meals for large family gatherings, exploring your love of cooking, or simply looking for a unique and versatile workspace, this incredible feature offers endless possibilities. Combined with the expansive outdoor entertaining areas and beautifully landscaped backyard, this property delivers a lifestyle that is truly one of a kind. (id:59491)

The full record.

Property typeDetached
Square footage2,400 sqft
Lot size0
Bedrooms4
Bathrooms4
HeatingNatural gas
CoolingCentral air conditioning
ListedJune 2, 2026

How this listing prices against Shades Mills.

10

Sales

$863,000

Median price

52

Days on market

98.1%

% of list

6

Active listings

N/A

Months supply

Shades Mills was one of Cambridge's highest-priced neighbourhoods this period, with 8 sales at an average of $964,500 and a median of $905,000. It also had only 7 active listings, but homes still took 59.25 days to sell, much slower than the city average, which shows that buyers at this price point are moving carefully. Sales closed at 98.25% of list, so sellers are still preserving value once deals come together. Both freehold and condo sales occurred, but the two segments behaved very differently.

Read the full Cambridgereport →

Estimate the monthly carry.

Down payment
%($209,800)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$4,804

Principal$839,200
Total interest$601,926
Total paid$1,441,126

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

Use the chat button to message me directly.

Or email me at neso@basara.ca

123 CRANSTON Avenue, Cambridge — $1,049,000 | Basara