20 Elgin Street, Cambridge, ON

$574,900
MLS#:X9375471
3 beds
2 baths
700-1100 sqft
3.0 parking
Residential Freehold
20 Elgin Street S, Cambridge, ON N1R 5G2
⚠️

Property no longer active

This property was sold on October 7, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $574,900 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 700-1100 sqft on a premium 50.63 x 74.49 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This modern bungalow is fully updated and ready to impress! With 2+1 bedrooms and 2 beautifully remodeled bathrooms, this home offers a perfect blend of style and functionality. Step inside to a stunning 13-foot vaulted ceiling with a striking stacked stone accent wall and cozy fireplace. The brand-new kitchen features soft-close cabinets and drawers, along with sleek stainless steel appliances. Completely rewired and re-plumbed throughout, this home offers peace of mind along with its contemporary updates. The finished basement includes a third bedroom, providing extra living space for family or guests. Outside, enjoy a fully fenced yard, beautifully landscaped for both relaxation and entertaining. Additional upgrades include a newer roof, furnace, and windows. All of this in a detached home, priced competitively with many semi-detached and townhomesit's time to get true value for your money!

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Property Summary

This detached home located at 20 Elgin Street, Cambridge is currently for sale and has been available on SousaSells for 674 days. This property is listed at $574,900 with an estimated mortgage of $1,914* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 20 Elgin Street, Cambridge

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cambridge.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Cambridge.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 7, 2024
Sold price information is available to members only
Listed Date10/1/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementFinished
Lot Size50.63 × 74.49 Feet
CountyWaterloo
Annual Tax$2,785.08
Legal DescriptionPT LT 86 PL 1263 CAMBRIDGE AS IN 1571134 CITY OF CAMBRIDGE

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 20 Elgin Street, Cambridge, ON

Q.What is the asking price for 20 Elgin Street, Cambridge, ON ?

The current listing price for 20 Elgin Street, Cambridge, ON in Cambridge is $574,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 700-1100 sqft.

Q.What property type and architectural style is 20 Elgin Street, Cambridge, ON ?

20 Elgin Street, Cambridge, ON is a Detached (Bungalow) featuring a Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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20 Elgin Street, Cambridge, ON

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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 20 Elgin Street S, Cambridge, ON N1R 5G2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cambridge.

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Interest Rate4.00%
Down Payment$172,470 (30.0%)
* Minimum Canadian down payment required for this price is $32,490.
Amortization Period30 Years
Estimated Monthly Payment$1,914Based on a loan of $402,430 over 30 years.
Purchase Price$574,900
Loan Amount$402,430
Provincial Land Transfer Tax:$7,973
Total Estimated Closing Taxes:$7,973

About Purchasing a Home in Cambridge, ON

For a property listed at $574,900 in Cambridge, the legal minimum down payment is $32,490 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,973 for this transaction. As this listing is in Cambridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,973.

Cambridge Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cambridge.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$892,376

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Best Schools in Cambridge

Elementary Schools

Avenue Road
Public40 Gail Street, Cambridge, Ontario, N1R 4M2
3.3
Elgin Street
Public685 Elgin Street North, Cambridge, Ontario, N1R 7W6
6.2
St Peter
Public92 Avenue Road, Cambridge, Ontario, N1R 1C1
5.6
Christ The King
Public70 Acorn Way, Cambridge, Ontario, N1R 8M5
3.1
Blair Road
Public85 Sunset Boulevard, Galt, Cambridge, Ontario, N1S 1A9
5.6

Secondary Schools

Galt
Public200 Water Street North, Galt, Cambridge, Ontario, N1R 6V2
5.9
St. Benedict
Catholic50 Saginaw Parkway, Cambridge, Ontario, N1R 5W1
6.8

Cambridge Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.