256 Elliott Street, Cambridge, ON

$1,299,000
MLS#:X9343617
8 beds
4 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] fourplex located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,299,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 8 Bedrooms and 4 Bathrooms with 4 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 110 x 83 ft lot
  • Features a ["finished with walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Separate Heating Controls, Water Heater, Water Softener
  • equipped with ["none"] central cooling and highly efficient radiant heating via electric

A fantastic investment opportunity awaits with this well-maintained fourplex in East Galt. Each of the four units offers a similar layout, featuring 2 bedrooms and 1 bathroom, perfect for renters seeking a cozy and functional space. One unit is currently vacant and ready to be rented, at a rent cost of your choosing! The property boasts beautiful landscaping throughout and ample parking for 6+ cars, ensuring convenience for tenants. Located in a quiet area, its centrally positioned near schools, shopping centers, downtown, and provides easy highway access, making it ideal for tenants who value convenience. Whether you're an investor or looking to live in one unit while renting out the others, this well-kept fourplex offers great potential!

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Key Features

Bedrooms
8
Bathrooms
4
Kitchens
4
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 9, 2024
Sold price information is available to members only
Listed Date9/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeFourplex
ConstructionBrick
Lot Size110 × 83 Feet
CountyWaterloo
Annual Tax$6,714.72
Legal DescriptionLT 5 PL 952 CAMBRIDGE; PT LT 4 PL 952 CAMBRIDGE AS IN WS616968; S/T 189474; CAMBRIDGE

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeRadiant
Cooling["None"]

Features

Property Features

Public Transit, School, Park, Place Of Worship

Community Features

Location

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256 Elliott Street, Cambridge, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 256 Elliott Street, Cambridge, ON N1R 2L3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$1,039,200
Monthly Mortgage$6,038
Property Tax (Est.)$560
Utilities & Maint.$350
Total Monthly Cost$6,948

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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Nearby Listings

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