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165 Speed Island Trail

Cambridge, ON N3C 2V3
  • $3,500,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 40483841
Open House
UPDATED: 67 min ago
$3,500,000
  • 4
    BEDS
  • 5-9.99
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,548
    SQFT
  • $1,374
    $/SQFT
Type:
Single-Family Home
Built:
1938
County:

Description

HIDDEN TREASURE, A PRIVATE ISLAND in the CITY of CAMBRIDGE! The home was built in 1938 by a couple who were merchants in the Kitchener Waterloo region. Over time, this property has been restored and modernised. The current owners are the 4th family to own this property. The island is created by the Speed River splitting and reconnecting. In the early 20thcentury, the island used to be a city park. It can now be your own private park. The property is a private 7.6 acre island, accessed by a private bridge which is approximately 10 feet wide and 106 feet long. In 1966 this bridge was completely redesigned & rebuilt by the owner (professor of engineering). In the last 2 years the current owners have reinforced the structure & replaced the railings. This exceptionally well-maintained home of 2,548 sqft has serene views of nature such as century-old oak trees and wildlife including herons, turtles and deer from every single window. The home includes 3+1 bedrooms, 3.5 bath, 2 car garage and a carport. It is grand; full of character, charming, and cozy - all in one! Each bedroom includes a private washroom. The family room is spacious with a wood burning fireplace and walkout to patio overlooking park. Grand dining room has all around nature views, perfect for entertaining. Open concept kitchen with built in sitting area adjacent to living room which boasts another patio walkout. The immense office has wall to wall windows and built-in wood cabinetry. The attic can be used as 4th bedroom or a games room nestled over greenbelt conservation views. This home also offers plenty of built-in storage including basement. This island is approximately 40% forested with trails and 60% landscaped.Park surround is everywhere - offers privacy and unmatched enjoyment of nature. Located 5 minutes away from Highway 401. Only 45 minute drive to Pearson International Airport and 1 hour to GTA. This is a rare opportunity to become an owner of the Speed Island Estate.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-09-23T18:22:38.907.
www.enveloperealestate.com/homes/143395815
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165 Speed Island Trail Cambridge, ON N3C 2V3

  • Price: $3,500,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 67 min ago
  • MLS #: 40483841
4
Beds
3
Baths
1
½ Baths
5-9.99
Acres
2,548
SQFT
$1,374
$/SQFT
1938
Built
Neighbourhood:
45 - Briardean/River Flats/Beaverdale
County:
Waterloo
Area:
14 - Hespeler
Property Description
HIDDEN TREASURE, A PRIVATE ISLAND in the CITY of CAMBRIDGE! The home was built in 1938 by a couple who were merchants in the Kitchener Waterloo region. Over time, this property has been restored and modernised. The current owners are the 4th family to own this property. The island is created by the Speed River splitting and reconnecting. In the early 20thcentury, the island used to be a city park. It can now be your own private park. The property is a private 7.6 acre island, accessed by a private bridge which is approximately 10 feet wide and 106 feet long. In 1966 this bridge was completely redesigned & rebuilt by the owner (professor of engineering). In the last 2 years the current owners have reinforced the structure & replaced the railings. This exceptionally well-maintained home of 2,548 sqft has serene views of nature such as century-old oak trees and wildlife including herons, turtles and deer from every single window. The home includes 3+1 bedrooms, 3.5 bath, 2 car garage and a carport. It is grand; full of character, charming, and cozy - all in one! Each bedroom includes a private washroom. The family room is spacious with a wood burning fireplace and walkout to patio overlooking park. Grand dining room has all around nature views, perfect for entertaining. Open concept kitchen with built in sitting area adjacent to living room which boasts another patio walkout. The immense office has wall to wall windows and built-in wood cabinetry. The attic can be used as 4th bedroom or a games room nestled over greenbelt conservation views. This home also offers plenty of built-in storage including basement. This island is approximately 40% forested with trails and 60% landscaped.Park surround is everywhere - offers privacy and unmatched enjoyment of nature. Located 5 minutes away from Highway 401. Only 45 minute drive to Pearson International Airport and 1 hour to GTA. This is a rare opportunity to become an owner of the Speed Island Estate.
Exterior Features

Acres Range 5-9.99 Architectural Style Bungalow Attached Garage YN No Attached YN No Carport YN No Construction Materials StoneWood Siding Covered Spaces 2 Crops Included YN No Direction Faces South Docking Type None Docking YN No Driveway Parking Carport ParkingFront Yard ParkingPrivate Drive Single Wide Exterior Features Backs On GreenbeltLandscaped Foundation Details Poured ConcreteStone Frontage Length 1300.00 Frontage Type South Garage YN Yes Is Land YN Yes Lot Features UrbanIrregular LotAmple ParkingCul-De-SacGreenbeltIslandLandscapedParkTrails Lot Size Area 332249 Open Parking Spaces 18 Open Parking YN Yes Parking Features Detached GarageGravelInterlock Parking Total 22 Patio And Porch Features PatioPorch Property Attached Detached Road Frontage Type Public Road Roof Asphalt Shing Shoreline CleanGravelNaturalSandy Topography DryFlatOpen SpacePartially ClearedRockyWetlandsWooded/Treed Water Body Name Speed River Waterfront Features RiverDirect WaterfrontIslandRiver AccessRiver FrontAccess To WaterRiver/Stream Waterfront YN Yes Window Features Window Coverings Year Roof Replaced 2007

Interior Features

Above Grade Finished Area 2548 Age Of Plumbing 2007 Age Of Tank 2002 Appliances Water SoftenerDishwasherDryerRefrigeratorWasher Basement Separate EntranceFullUnfinishedSump Pump Bathrooms Total 4 Beds Above Grade 4 Beds Below Grade 0 Cooling Energy EfficientOther Cooling YN No Fireplace Features Family RoomInsertWood Burning Fireplace YN Yes Fireplaces Total 1 Heating Fireplace-WoodHeat PumpOilRadiatorWood Heating YN Yes Interior Features High Speed Internet Kitchens Total 1 Main Level Bedrooms 3 Room Count 14 Sq Ft Approx Unfinished Total 1000

Property Features

Age Furnace 2003 Assessment Year 2023 Association Fee2 Frequency Monthly Common Elements Fee YN No Common Interest Freehold/None Condo Corporation YN No Cross Street Beaverdale To Hunt Club To Chinook Electric On Property YN Yes Exclusions None Inclusions DishwasherDryerRefrigeratorWasherWindow CoveringsAll Owned: Hot Water TankOil TankHeat Pump. Laundry Features Lower Level Lease To Own Equipment None Lot Depth 255 Lot Irregularities 80.29 Ft X 223.62 Ft X 52.96 Ft X 153.41 Ft X 66.7 New Construction YN No Property Sub Type Single Family Residence Security Features Smoke Detector(S) Senior Community YN No Sewer Septic Tank Transaction Type Sale Under Contract None Utilities Cell ServiceElectricity ConnectedPhone Available Water Source Drilled Well Water Treatment Uv SystemWater Softener Year Built Details Owner Zoning Os1

Listing information © 2023 Information Technology Systems Ontario.
Listing provided courtesy of Lukasz Orwinski of Cloud Realty Inc..
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-09-23T18:22:38.907.
 
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