Welcome to 98 Wallace Drive! This North Galt property offers just over 4700 sq. ft. of finished living space. The spacious main home & a modern designed 2-bed, 2-bath addition with its own entrance, kitchen, laundry & backyard access. With a deep lot, multiple living areas & thoughtful upgrades, this home delivers flexibility, comfort & room to grow. Check our TOP 8 reasons why this home is the right fit for you. 8: CLEMENS MILL: A family-friendly neighbourhood close to great schools, parks, essentials, Highway 401 & shopping along Hespeler Rd. 7: BRIGHT MAIN FLOOR: The extended driveway leads to a welcoming foyer, sitting room & family room with stone fireplace. Hardwood & tile flooring, built-ins, a mudroom off the garage & a powder room support easy daily living. 6: EAT-IN KITCHEN: A bright kitchen with stainless steel appliances, subway tile backsplash & peaceful backyard views. Includes a dinette with walkout + a separate dining room for hosting. 5: SPACIOUS BACKYARD: A deep, fully fenced yard with stone walkways, patio, gazebo, deck overlooking the pool, fire pit, mature fruit trees, perennial gardens, fountain & shed. The 2nd unit has its own backyard walkout too. 4: DETACHED WORKSHOP: A separate brick workshop adds space for tools, hobbies & equipment - keeping the garage free. 3: SECOND UNIT: A self-contained in-law addition with its own entrance, upgraded flooring, bright living room, quartz kitchen, stainless steel appliances, powder room, two bedrooms, laundry & full bath. Ideal for extended or multigenerational living. 2: BEDROOMS & BATHROOMS: The main home presents four 2nd-floor bedrooms. The primary suite features a walk-in closet, custom built-ins & a 4-piece ensuite. A separate 4-piece bath serves the additional bedrooms. 1: FINISHED BASEMENT: A large rec room, second kitchen, 4-piece bath, laundry, cold room & storage provide even more functional space. A place for your family to grow with the benefit of income-producing space - the best of both worlds.
4 bedrooms, 4 bathrooms, about 3,500 sq ft, works out to roughly $343 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 98 Wallace Dr
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
3500-5000 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Full, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Full · Finished
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
0.264
Listing & possession
Property style
2-Storey
Property class
Detached
98 Wallace Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14110720$1,200,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 98 Wallace Dr Compares to the Cambridge Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,895
/mo
based on the purchase price of $1,200,000
$240,000 cash
$960,000 financed
$808,572 total interest
Principal54%$960,000
Interest46%$808,572
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Cambridge
Other 4–6 bed homes for sale in Cambridge around $1.2M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.0%On average, homes sold at or above asking.
Active listings438Homes for sale here right now.
Median vs prior 90 days+1.5%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 454 sales from Jul 25 – Oct 23, 2026 (374 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 98 Wallace Dr
How much is 98 Wallace Dr listed for?
98 Wallace Dr is listed at $1,200,000 (MLS® X14110720). Summitly updates the price as soon as the MLS® record changes.
Is $1,200,000 a good price for 98 Wallace Dr?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Cambridge. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 98 Wallace Dr changed?
No — 98 Wallace Dr is still listed at its original asking price of $1,200,000.
How many bedrooms and bathrooms does 98 Wallace Dr have?
98 Wallace Dr has 4 bedrooms and 4 bathrooms, with about 3,500–5,000 square feet of living space. It is a detached home in Cambridge.
How much would the monthly mortgage be on 98 Wallace Dr?
About $5,895 a month — principal and interest on $1,200,000 with 20% down ($240,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 98 Wallace Dr compare with other homes in Cambridge?
Its asking price of $1,200,000 is about 75% above the median sold price in Cambridge over the last 90 days, $685,000, across 454 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 98 Wallace Dr been sold before?
Summitly has no earlier MLS® sale or lease of 98 Wallace Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 98 Wallace Dr?
98 Wallace Dr is in Cambridge, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 98 Wallace Dr been on the market?
1 day — 98 Wallace Dr was listed on October 22, 2026.
What is the price per square foot of 98 Wallace Dr?
About $240 to $343 per square foot: the asking price of $1,200,000 over the 3,500–5,000 sq ft the listing gives as its size range.
Does 98 Wallace Dr have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
Does 98 Wallace Dr have a basement, and is it finished?
The listing describes the basement as: Full, Finished.
