47 DRINKWATER Drive
Cambridge, Ontario
- 5 bed
- 4 bath
- Single Family
PREMIER FAMILY LIVING IN FRANKLIN POND. Located in the highly desirable and family-friendly Franklin Pond neighbourhood, 47 Drinkwater Drive offers a sprawling layout with over 2,750 sqft of impeccably finished living space. The main floor is designed features a grand foyer with a sweeping curved staircase that leads into sophisticated living and dining rooms complete with warm hardwood floors and a piano area. The heart of the home is the bright, modern kitchen, outfitted with crisp white cabinetry, sleek black hardware, and stainless steel appliances, which flows seamlessly into a sunny breakfast area and a cozy family room anchored by a classic gas fireplace. For added convenience, the main level also hosts a dedicated laundry room, and well-placed powder room. The upper level is a private sanctuary housing 4 generous bedrooms and 2 full bathrooms. The massive primary suite serves as a true retreat, featuring its own private 4-pc ensuite and large walk-in closet. The lower level has been completely finished to maximize entertainment value, offering a massive recreation room and a stylish custom bar with stone accents. This level also includes a versatile 5th bedroom and a modern 3-pc bathroom with a large walk-in shower, making it an ideal setup for guests or multi-generational living. Step outside to find a massive, fully fenced backyard situated on a large lot, featuring a private wood deck perfect for summer gatherings. Combining premium finishes with a premier location, this 4+1 bedroom home is a rare find for a growing family.
Price History
Schools
Elementary
- Holy Spirit Catholic Elementary School0.5 km
Catholic · Waterloo CDSB · 590 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 61% met the provincial standard
- Moffat Creek Public School0.6 km
Public · Waterloo Region DSB · 705 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 42% met the provincial standard
- St Vincent de Paul Catholic Elementary School1.2 km
Catholic · Waterloo CDSB · 685 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 66% met the provincial standard
Secondary
- Monsignor Doyle Catholic Secondary School1.5 km
Catholic · Waterloo CDSB · 1115 students
Grade 10 literacy: 92% met the provincial standard
- Glenview Park Secondary School2.4 km
Public · Waterloo Region DSB · 1055 students
Grade 10 literacy: 85% met the provincial standard
- Galt Collegiate and Vocational Institute4.5 km
Public · Waterloo Region DSB · 960 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N1P
- Population
- 7,991
- Private dwellings
- 2,526
- Median age
- 36
- Average household size
- 3.2
- Median household income
- $118,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Cambridge · last 12 months
- Median sold price
- $675,000
- Homes sold
- 1,235
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,235 recorded sales of single family properties in Cambridge over the last 12 months.
Walk Score
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Location
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Mortgage Calculator
$179,980
Estimated Monthly Payment
$4,421
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $4,421/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $225/mo
Estimates only. Consult a financial advisor.
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