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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 89 daysPrice drop · $6,171 off (-1.3%)

    7-53 Allegro Common

    Cambridge, ON··

    • 2 beds
    Cambridge real estate›X12722650
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    The Builder is currently advertising an effective price of $439,990 after the proposed HST rebate. Rebate subject to government approval, purchaser eligibility, and assignment to the builder. Contact the sales representative for details. Now is your chance to secure an exceptional pre-construction urban townhome at Cadence in Hespeler Village, a historic riverside area undergoing master-planned revitalization. Set within a private enclave, this residence is walking distance to amenities and schools and minutes to Hwy 401, Guelph, Kitchener, and Waterloo, offering excellent commuter access! The Ruby II A model by Fusion Homes offers approximately 940 sqft. of above-grade living space with 2 bedrooms and 2 bathrooms. The exterior features a timeless brick and vinyl façade, paired with Fusion Homes' award-winning craftsmanship. The Fusion Homes Difference delivers exceptional value, including 2X Tarion-leading warranty coverage, & 6X Tarion Award-winning customer satisfaction! Don't miss this incredible opportunity to build in one of Cambridge's most established and connected communities. Custom changes subject to builder approval and upgrade fees. Additional incentives and exclusive events may be offered. Contact the listing agent for details and other available layouts and models. Model Home/Sales Office located at 155 Guelph Ave. in Cambridge.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 25, 2026Price reducedCurrentReduced$473,819−$6,171 (1.3%)X12722650This page
    Jul 23, 2026Previously listedNew$439,990 —X13603018View
    Jan 22, 2026ListedCurrentFor sale$479,990 —X12722650This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Forced Air
      Air conditioning
      Central Air
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 7-53 Allegro Common
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,328
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $261
    0.66% mill rate · ON
    The market

    How this home sits in the Cambridge market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Cambridge market right now

    Average sold price, days on market, and closed-transaction count for Cambridge — sourced from MLS®.

    • Avg sold price
      $707,149
      Last 30 days
    • Median sold price
      $680,000
      Middle of the market
    • Days on market
      27 d
      Avg from list to close
    • Closed last 30d
      386
      MLS® transactions
    Full Cambridge market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 7-53 Allegro Common — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 7-53 Allegro Common and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 7-53 Allegro Common listed for?

      7-53 Allegro Common is listed at $473,819 on the MLS® (listing X12722650). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 7-53 Allegro Common have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 2 baths
  2. 900-999 sqft
  3. Condo Townhouse
  4. Asking
    $473,819
    $1 / sqft · MLS® X12722650
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $516,219
    $474,921Confidence range$557,516
    Asking vs estimate
    ↓below
    −$42,400
    (-8.2%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Cambridge sell in about 27 days — this one has been listed 89 days.

    Avg sold price
    $707,149
    Median sold
    $680,000
    Avg days on market
    27
    Recently sold
    386
    See comparable sales
    • Set within a private enclave, this residence is walking distance to amenities and schools and minutes to Hwy 401, Guelph, Kitchener, and Waterloo, offering excellent commuter access!
    • The Ruby II A model by Fusion Homes offers approximately 940 sqft. of above-grade living space with 2 bedrooms and 2 bathrooms.
    • The Fusion Homes Difference delivers exceptional value, including 2X Tarion-leading warranty coverage, & 6X Tarion Award-winning customer satisfaction!
    • Custom changes subject to builder approval and upgrade fees.
    Ask Zara a follow-up

    Parking & garage

    3
    Garage
    None
    Parking spaces
    1
    Driveway
    1
  6. Interior

    5
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    4
    Laundry level
    Main Level
  7. Exterior & construction

    3
    Exterior
    Vinyl Siding, Brick Front
    Patio
    None
    Balcony
    None
  8. Listing & possession

    3
    Possession
    2027-01-05T00:00:00.000-00:00
    Property style
    3-Storey
    Property class
    Condo Townhouse
  9. Room-by-room · 4 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Ground level

    4 rooms
    • Great Room
      39.0 × 59.1 ft
    • Bedroom 2
      31.5 × 51.5 ft
    • Bedroom
      35.8 × 36.1 ft
    • Kitchen
      36.1 × 26.6 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $211
    per month
    Maintenance fee includes
    • Parking
    Building details
    • Unit92
    • Storeys (building)1
    • ExposureSouth
    • LockerNone
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpTBD
    • Property managerTBD
    Combined estimate
    $2,589
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,328
    /mo
    based on the purchase price of $473,819
    $94,764 cash
    $379,055 financed
    $319,264 total interest
    Monthly payment$2,328/ month
    Principal54%$379,055
    Interest46%$319,264

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and condo fees.

    Comparable condo townhouses that just sold in Cambridge

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 67 Valleyview Road
      Sold
      Sign in for price
      67 Valleyview Road
      Condo Townhouse
    • 245 Bishop Street
      Sold
      Sign in for price
      245 Bishop Street
      Condo Townhouse
    • 235 Ferguson Avenue
      Sold
      Sign in for price
      235 Ferguson Avenue
      Condo Townhouse
    • 408 Guelph Avenue
      Sold
      Sign in for price
      408 Guelph Avenue
      Condo Townhouse
    • 635 Saginaw Parkway
      Sold
      Sign in for price
      635 Saginaw Parkway
      Condo Townhouse
    • 635 Saginaw Parkway
      Sold
      Sign in for price
      635 Saginaw Parkway
      Condo Townhouse
    AddressBd / BaSqftSold$/sqft% of askSold
    7-53 Allegro CommonThis home2 / 2900,999$473,819ask$1——
    67 Valleyview Road2 / 1700—
    245 Bishop Street2 / 21,000—
    Sold prices are hidden under TRREB rules. to reveal them.

    More condo townhouses in Cambridge

    Active listings within ±20% of this asking price.

    • 215 Glamis Road
      $389,999
      215 Glamis Road
      Condo Townhouse 3 2
    • 405 Myers Road
      $399,000
      405 Myers Road
      Condo Townhouse 2 2
    • 405 Myers Road
      $389,000
      405 Myers Road
      Condo Townhouse 2 2
    • 750 Lawrence Street
      $539,900
      750 Lawrence Street
      Condo Townhouse 3 2
    • 65 Wellington South
      $499,888
      65 Wellington South
      Condo Townhouse 4 3
    • 535 Margaret Street
      $559,900
      535 Margaret Street
      Condo Townhouse 3 4
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  10. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  11. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  12. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  13. Public listing courtesy of Coldwell Banker Neumann Real Estate · displayed on Summitly per MLS® data-share rules

    7-53 Allegro Common is a 2-bedroom, 2-bath, 900-999 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  14. When was 7-53 Allegro Common built?

    The year built for 7-53 Allegro Common isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  15. What is the property tax for 7-53 Allegro Common?

    The 'Property tax' tab in the History section shows the most recent annual tax for 7-53 Allegro Common plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  16. How much would the monthly mortgage be on 7-53 Allegro Common?

    The affordability calculator on this page shows an estimated monthly mortgage for $473,819 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  17. Has 7-53 Allegro Common been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 7-53 Allegro Common with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  18. What neighbourhood is 7-53 Allegro Common in?

    7-53 Allegro Common is in Cambridge, Cambridge. The 'Neighbourhood' section below links to the live Cambridge real estate hub with average sold price, days on market, and current inventory.

  19. Is Cambridge a good place to live?

    Cambridge is one of ON's actively-tracked Summitly markets. The full Cambridge real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  20. 235 Ferguson Avenue
    3 / 2
    1,000
    —
    408 Guelph Avenue2 / 21,000—
    635 Saginaw Parkway3 / 41,800—
    635 Saginaw Parkway3 / 41,600—