287 Blue Heron Ridge, Cambridge

$869,900
287 Blue Heron Ridge

$869,900

New
17d
Detached2-Storey

287 Blue Heron Ridge, Cambridge

Total Monthly Obligation $4,392

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
17d
Score
17
Yield
4.2%
Cash on Cash
-6.2%
Cap Rate
3.2%
5Y IRR
10.7%
10Y IRR
10.7%
Property Type-Detached
MLS® Number-X13867792
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-114 × 90 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$6,094.08 (2026)
Parking-6 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-FLEXIBLE
Title-Residential Freehold

No agent assigned

Welcome to 287 Blue Heron Ridge, situated in one of Cambridge's established neighbourhoods near the Grand River and Galt Country Club. Set on a large corner lot, this spacious 3-bedroom, 2.5-bathroom home offers plenty of room and an exciting opportunity for its next owner to make it their own. Inside, you'll find generous principal rooms, including an impressive family room with gas fireplace, formal living room and separate dining room, offering plenty of space for everyday living and entertaining. Upstairs are three bedrooms, including a generous primary suite with a 5-piece ensuite and walk-in closet. The unfinished basement provides additional space and future potential, complete with a bathroom rough-in. Outside, the fully fenced corner lot is a standout, with plenty of room for entertaining, gardening, children, pets or simply enjoying your own backyard. With no sidewalks bordering the property, there's also less winter maintenance. Enjoy a location just across from the Grand River and minutes to trails, golf, schools, shopping and everyday amenities, all within a mature neighbourhood of established homes and tree-lined streets. Large properties like this in Blue Heron Ridge are rare. Come see the space and discover the possibilities this property has to offer.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$695,920
Land Transfer Taxes$13,873
Legal Fees (Est.)
$
Total cash required for closing$189,353

Total Monthly Obligation

$4,392/mo
Mortgage $3,509
Monthly Loss $3,468
Principal$923
Interest$2,586
Property Tax$508
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.4%1
5-Year IRR
7.4%20
10-Year IRR
8.6%
Returns Index
11.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$36,924/yr
NOI
$22,638/yr
Net Cash Flow
-$1,622/mo
Cash Margin
-52.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 287 Blue Heron Ridge

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.