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$340,000
Cambridge
#10 487 Elgin Street North, Cambridge, Ontario, N1R6V4
This 3-bedroom, 1-bathroom condo in Cambridge is for sale offering roughly 950 sq ft of space. Listed at $340,000, it is attractively priced about 32% below the $499,900 median asking price in Cambridge.
Welcome to this 3-bedroom townhome in sought-after North Galt, offering a functional layout, plenty of natural light, and great potential to make it your own. An excellent opportunity for first-time buyers, young families, or investors, the home features a bright main floor with a spacious living area that flows naturally into the dining space and kitchen. Large windows bring in an abundance of natural light, creating a comfortable and inviting atmosphere throughout the main living areas. The kitchen offers ample space and a window overlooking the yard. Upstairs, you'll find three bedrooms and a 4-piece bathroom. The primary bedroom features double closets. The lower level provides plenty of opportunity for future customization. Outside, enjoy a private fenced backyard with a patio. Located in a quiet community with affordable condo fees, close to schools, parks, public transit, shopping, major amenities, and Highway 401. A home with good bones, a practical layout, great natural light, and plenty of potential for the future. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 55 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 3-bed single family in Cambridge has been listed for 55 days, which is 2 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $340,000, about 4.4× the local median household income of $77,000.
Carrying it typically needs a household income of about $66,414 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N1R)
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Loading rates, 30-yr amortization
Cash Needed to Close
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