42 ELGIN Street, Cambridge, ON

$579,900
MLS#:X9263626
3 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["1 1/2 Storey"] detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $579,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 57 x 150.27 ft lot
  • Features a ["partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Accessory Apartment, Sump Pump, Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

This spacious home, located on a corner lot in East Galt, is ready for your vision and finishing touches. The property features a detached double garage, that is roughed in for a potential in-law suite. With the opportunity to convert this space into a separate living area with one bedroom, one bathroom, and a kitchen, the potential for multi-family living or generating additional income is significant. The home also offers a garden shed, fenced yard and a large driveway with ample parking for multiple vehicles. Inside, you'll find a living room/dining room combination, an eat-in kitchen, main floor laundry and bedroom. The upper level includes a 4-piece bathroom and two generously sized bedrooms, one of which features a private balcony. The partially finished basement provides additional living space. The possibilities are endless with this property, offering a unique opportunity to customize and maximize its potential.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 26, 2024
Sold price information is available to members only
Listed Date8/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Vinyl Siding
Lot Size57 × 150.27 Feet
CountyWaterloo
Annual Tax$3,690.33
Legal DescriptionLT 76 PL 1263 CAMBRIDGE; CAMBRIDGE

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Place Of Worship, Public Transit, Fenced Yard, Park, Rec./Commun.Centre, School

Community Features

Location

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42 ELGIN 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 42 ELGIN Street S, Cambridge, ON N1R 5G4

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$463,920
Monthly Mortgage$2,696
Property Tax (Est.)$308
Utilities & Maint.$350
Total Monthly Cost$3,354

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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