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16 PARKWOOD Drive

16 PARKWOOD Drive

Cambridge, Ontario

  • 3 bed
  • 3 bath
  • Single Family
$1,250,000

Some homes are simply places to live, 16 Parkwood Drive is a home meant to be felt. Built in 1958 and quietly tucked within an established neighbourhood canopy of mature trees, this mid-century modern gem sits elevated on its corner lot as though it has always known it was something special. Time has softened its edges but never diminished the character. The exterior is modest, understated, and confident. Inside, the home unfolds with warmth and intention. Sunlight flows through expansive windows, dancing across clean lines, natural textures, and open spaces designed long before “open concept” became a trend. At the centre of it all, a striking stone fireplace grounds the home—inviting slow mornings with coffee and quiet winter nights wrapped in warmth. The split-level layout creates moments of connection and retreat, while its 10-foot ceilings give the main living space an airy calm that feels both inspiring and comforting. Note- This was a double lot that the current owners have retained the south portion of to build a new custom family home to live in. A fence will be created to separate properties in coming weeks, stakes are placed where property line is. For those who value timeless design, authentic character, and homes with a story to tell—this one may feel like coming home. Features include flow between kitchen, dining, office and living spaces, Sloped ceilings extend to 10 feet in the main living room Large central stone fireplace, Split-level layout, Double car heated garage, Expansive mature gardens, Newer roof, windows, Boiler & hot water tank owned. Don't miss out on this truly unique home located in West Galt!

Price History

Schools

Elementary

  • Highland Public School0.3 km

    Public · Waterloo Region DSB · 425 students

    Grade 3 reading: 69% met the provincial standard · Grade 6 math: 46% met the provincial standard

  • St Gregory Catholic Elementary School0.9 km

    Catholic · Waterloo CDSB · 145 students

    Grade 3 reading: 53% met the provincial standard · Grade 6 math: 38% met the provincial standard

  • St Andrew's Public School1.1 km

    Public · Waterloo Region DSB · 335 students

Secondary

  • Southwood Secondary School0.9 km

    Public · Waterloo Region DSB · 700 students

    Grade 10 literacy: 74% met the provincial standard

  • Galt Collegiate and Vocational Institute1.7 km

    Public · Waterloo Region DSB · 960 students

    Grade 10 literacy: 83% met the provincial standard

  • Glenview Park Secondary School2.3 km

    Public · Waterloo Region DSB · 1055 students

    Grade 10 literacy: 85% 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 N1S

Population
20,171
Private dwellings
8,187
Median age
42.8
Average household size
2.5
Median household income
$95,000

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
$676,800
Homes sold
1,236
Median days on market
19
Sale-to-list price
100.6%

Based on 1,236 recorded sales of single family properties in Cambridge over the last 12 months.

Walk Score

62

Walk

41

Transit

46

Bike

Scores by Walk Score®

Location

Street View

Mortgage Calculator

$250,000

Estimated Monthly Payment

$6,141

Land transfer tax

Estimated land transfer tax$21,475

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

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $6,141/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $313/mo

Estimates only. Consult a financial advisor.

R

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