$649,900
Cambridge
68 Elgin Street South, Cambridge, Ontario, N1R5G5
This 4-bedroom, 2-bathroom home in Cambridge is for sale offering roughly 900 sq ft of space. Listed at $649,900, it is attractively priced about 7% below the $699,900 median asking price in Cambridge.
Welcome to this stylish, extensively updated 3+1 bedroom bungalow in sought-after Central Cambridge. Set on an exceptional 50' x 150' lot backing directly onto elementary school property, this home offers the space, privacy, and flexibility today's buyers are looking for. The bright open-concept main floor features three bedrooms, hardwood flooring, fresh trim and paint, updated windows and doors, and a beautifully renovated chef's kitchen complete with a center island, gas stove and modern backsplash. Both bathrooms have been updated, while major improvements including furnace, heat pump & A/C all in 24' with 10yr warranty, windows, doors, painting, plumbing, wiring, and a 220V EV plug provide added peace of mind, A newly added walk-in mudroom offers two convenient entrances along with built-in coat, shoe, and closet storage-ideal for busy households. With access to both the upper and lower levels, the layout offers excellent potential for separated living space or a future secondary unit, subject to applicable approvals. The finished lower level anchored by a large great room has a bathroom with walk-in shower, bedroom or home gym perhaps, office, laundry & storage space. Outside, the oversized backyard provides endless possibilities, with room to accommodate a garage and pool if desired. A new fence has been constructed along the driveway side of the property. A move-in-ready home with thoughtful upgrades, a standout lot, and a central location close to schools, parks, amenities, and transit. A must see! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 94 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 4-bed single family in Cambridge is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $649,900, about 8.4× the local median household income of $77,000.
Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 65% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1R)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.