40 Elgin Street, Cambridge, ON
Property no longer active
This property was sold on November 20, 2025. 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 brick and concrete block construction, this residence presents an exceptional opportunity offered at $539,000 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.
- 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 57.9 x 137.65 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Accessory Apartment
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Charming Opportunity in Central Cambridge -Welcome to 40 Elgin Street North, a Bungalow offering versatile living space for investors, multi-generational families, or savvy buyers looking to offset their mortgage. Located in the heart of Cambridge, this property blends convenience, functionality, and income potential in a desirable and walkable neighborhood.Thoughtfully Designed Main Floor Living The main level features a bright and spacious 2-bedroom layout with a large open-concept living and dining area finished in stylish laminate flooring and filled with natural light from oversized windows. The kitchen offers practical tile flooring, white appliances, and ample cabinet space ideal for home-cooked meals or entertaining guests. A 4-piece bathroom with a window and tiled floor adds both function and comfort.Each bedroom is generously sized with laminate flooring, closets, and large windows perfect for restful retreats or working from home. The main foyer includes a convenient closet for coats and storage.Self-Contained Basement SuiteThe lower level includes a private in-law suite with its own kitchen, 3-piece bathroom, and a versatile den/bedroom space featuring vinyl flooring, a closet, and a window. The kitchen is combined with a living/sleeping area and equipped with a white fridge and stove, making it ideal for extended family or rental income. Laundry is shared between units for added convenience.Unbeatable Central Location Nestled in the Galt neighborhood, this home offers easy access to everything Cambridge has to offer. Enjoy walking distance to downtown Galt, Soper Park, Cambridge Memorial Hospital, and local schools. The property is also just minutes to highways 8and 24, public transit, and the Grand River trails making commuting and leisure a breeze.Whether you're looking to live in one unit and rent the other, house extended family, or expand your investment portfolio, 40Elgin St N offers exceptional value in a central location.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This detached home located at 40 Elgin Street, Cambridge is currently for sale and has been available on SousaSells for 413 days. This property is listed at $539,000 with an estimated mortgage of $1,794* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 40 Elgin Street, Cambridge
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cambridge.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Public Transit
Interior Features
- Accessory Apartment
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 40 Elgin Street, Cambridge, ON
Q.What is the asking price for 40 Elgin Street, Cambridge, ON ?
The current listing price for 40 Elgin Street, Cambridge, ON in Cambridge is $539,000.
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 40 Elgin Street, Cambridge, ON ?
40 Elgin Street, Cambridge, ON is a Detached (Bungalow) featuring a Apartment, Separate Entrance basement.
Q.What key property features does 40 Elgin Street, Cambridge, ON offer?
Key property features include: Public Transit.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment.
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.
Virtual Tour & 3D Walkthrough
Virtual 360° Walkthrough & Live Video Tour
Request a live agent video tour or get 3D virtual walkthrough access for 40 Elgin Street, Cambridge, ON .
Location
Google Street View
Open in Google MapsProperty History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 40 Elgin Street N, Cambridge, ON N1R 5G9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cambridge.
Configure Loan Settings
About Purchasing a Home in Cambridge, ON
For a property listed at $539,000 in Cambridge, the legal minimum down payment is $28,900 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 $7,255 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 $7,255.
Similar Listings in Cambridge
Explore all Just Listed Homes in Cambridge →
Cambridge Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Cambridge.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Best Schools in Cambridge
Elementary Schools
Secondary Schools
Cambridge Demographic Home information
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.