42 Parker Drive
Cambridge, ON
- 3 bed
- 2 bath
- approx. 1500-2000 sqft
- Detached
- 4 days on market
Stunning open concept floor plan plus fully renovated oversized kitchen sets the tone for spacious family living. When you walk into this 4 level backsplit, you will fall in love with this charming house in a highly sought-after neighbourhood where homes are rarely offered for sale, and the current owner has updated it with "new" improvements/replacements over the past year. The house offers 3 bedrooms, 2 full baths, wood floors, replaced window blinds and a new gas fireplace in the family room. The New Custom Kitchen features all new stainless appliances, beautiful granite counters, and island providing endless counter space plus seating area. A main-level side entrance from the carport allows for easy access from the driveway to the kitchen and living areas. This overall spacious layout also has lower level in-law potential, featuring additional kitchen-style cupboards & counter w/sink, and a Ground-level Walk-out to the newly fenced private backyard, w/new gazebo, fruit trees & gardens and shed. Lower level with laundry facilities, an extra fridge & freezer, and additional storage space or potential. Hot water heater, water softener system, and reverse osmosis water treatment are all new & owned. Close to schools and Churchill Park with shopping and restaurants. Escape the busyness of life and enjoy this amazing opportunity in a quiet neighbourhood. Nothing to do but move in !
Virtual Tour
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Listing Details
- Taxes (2026)
- $4,370
- Listed
- September 15, 2026
Price History
Listing history
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Property
- Style
- Backsplit 4
- Age
- 31-50
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
- Interior
- Carpet Free, Central Vacuum, In-Law Capability, Solar Tube, Sump Pump, Water Heater Owned, Water Softener, Water Treatment
- Lot Size
- 40.03 x 102.61 Feet
Parking
- Garage
- Carport
- Covered Spaces
- 1
- Total Parking
- 3
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Hillmer Rd./Lorraine Dr.
- Zoning
- RESIDENTIAL R5
- Parcel Number
- 038410144
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- FRIDGE, STOVE, DISHWASHER, WASHER, DRYER, BASEMENT FRIDGE AND FREEZER, ALL ELF'S AND WONDOW COVERINGS AND EVERYTHING FORMING PART OF THE REAL PROPERTY.
Schools
Secondary
- Monsignor Doyle Catholic Secondary School0.3 km
Catholic · Waterloo CDSB · 1115 students
Grade 10 literacy: 92% met the provincial standard
- Glenview Park Secondary School0.9 km
Public · Waterloo Region DSB · 1055 students
Grade 10 literacy: 85% met the provincial standard
- Southwood Secondary School3.3 km
Public · Waterloo Region DSB · 700 students
Grade 10 literacy: 74% met the provincial standard
Elementary
- St Vincent de Paul Catholic Elementary School0.6 km
Catholic · Waterloo CDSB · 685 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 66% met the provincial standard
- Stewart Avenue Public School0.7 km
Public · Waterloo Region DSB · 510 students
Grade 3 reading: 52% met the provincial standard · Grade 6 math: 55% met the provincial standard
- Chalmers Street Public School0.9 km
Public · Waterloo Region DSB · 385 students
Grade 3 reading: 58% met the provincial standard · Grade 6 math: 35% 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 N1R
- Population
- 42,928
- Private dwellings
- 18,081
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $77,000
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
Residential Freehold in Cambridge · last 12 months
- Median sold price
- $675,000
- Homes sold
- 1,227
- Median days on market
- 20
- Sale-to-list price
- 100.5%
Based on 1,227 recorded sales of residential freehold properties in Cambridge over the last 12 months.
Rooms
4-piece on Second, 3-piece on Lower
Second
- Bathroom5'11" x 8'5"
- Bedroom11'1" x 7'6"
- Bedroom 38'7" x 11'10"
Main
- Dining Room8'6" x 11'11"
- Kitchen22' x 8'2"
- Living Room14'2" x 11'10"
Lower
- Bathroom8'7" x 7'11"
- Family Room19'5" x 11'10"
- Kitchen10'10" x 11'7"
Basement
- Utility Room25'3" x 17'1"
Listed by
REAL BROKER ONTARIO LTD.
Walk Score
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Location
Street View
Mortgage Calculator
$159,600
Estimated Monthly Payment
$3,920
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
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,920/mo (20% down, 5.5%)
Taxes: $364/mo · Insurance: $200/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions This overall spacious layout also has lower level in-law potential, featuring additional kitchen-style cupboards & counter w/sink, and a Ground-level Walk-out to the newly fenced private backyard, w/new gazebo, fruit trees & gardens and shed.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?