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182 KERWOOD Drive

182 KERWOOD Drive

Cambridge, Ontario

  • 5 bed
  • 4 bath
  • Single Family
$999,900

Beautifully renovated with a fully legal, city-approved second dwelling unit (2022), this exceptional 5-bedroom home offers the rare combination of modern living, income potential, and outstanding flexibility. Sun-filled living spaces are complemented by premium hardwood flooring throughout the main and upper levels, updated millwork, modern lighting, and fresh professional paint, creating a timeless interior that is both elegant and inviting. At the heart of the home, the spacious kitchen offers abundant workspace and is enhanced by a newly installed dishwasher and reverse osmosis water filtration system. The legal lower-level suite is thoughtfully designed with a full kitchen, oversized above-grade windows, a private walkout, patio, and separate pathway, making it ideal for multi-generational living, extended family, or a premium rental opportunity. Step outside to a full-width deck (2022) overlooking a private backyard providing a peaceful setting for entertaining or quiet evenings outdoors. A rare 28-foot deep double garage comfortably accommodates two full-size pickup trucks while still offering generous space for a workshop, hobbies, or additional storage. Its added depth also enhances the home's curb appeal by positioning the residence farther back from the street. Significant recent improvements include a newer roof, professionally painted exterior, and extensive concrete work across the driveway, side yard, and backyard (2022/2023). Thoughtfully updated throughout and complete with a legal second suite, this move-in-ready home offers exceptional flexibility, enduring quality, and lasting value. *Measurements as per Iguide with total exterior area above grade.

Price History

Schools

Elementary

  • Our Lady of Fatima Catholic Elementary School0.4 km

    Catholic · Waterloo CDSB · 375 students

    Grade 3 reading: 81% met the provincial standard · Grade 6 math: 53% met the provincial standard

  • Woodland Park Public School0.5 km

    Public · Waterloo Region DSB · 370 students

    Grade 3 reading: 70% met the provincial standard · Grade 6 math: 54% met the provincial standard

  • Hillcrest Public School0.6 km

    Public · Waterloo Region DSB · 370 students

    Grade 3 reading: 65% met the provincial standard · Grade 6 math: 46% met the provincial standard

Secondary

  • Jacob Hespeler Secondary School2.5 km

    Public · Waterloo Region DSB · 1070 students

    Grade 10 literacy: 83% met the provincial standard

  • St Benedict Catholic Secondary School4.6 km

    Catholic · Waterloo CDSB · 1955 students

    Grade 10 literacy: 90% 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 N3C

Population
27,518
Private dwellings
9,657
Median age
38.8
Average household size
2.9
Median household income
$114,000

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
$678,000
Homes sold
1,243
Median days on market
19
Sale-to-list price
100.6%

Based on 1,243 recorded sales of single family properties in Cambridge over the last 12 months.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$199,980

Estimated Monthly Payment

$4,912

Land transfer tax

Estimated land transfer tax$16,473

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: $4,912/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $250/mo

Estimates only. Consult a financial advisor.

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