Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $679,000 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+3 BED ; 1+ 1 KITCHEN ;FULLY RENOVATED TOP TO BOTTOM WITH BRAND NEW APPLIANCES ON BOTH FLOORS- Investment Opportunity - Turnkey Bungalow with Income Potential & Park Views: Looking for a smart investment that combines affordability, flexibility, and strong rental potential. This charming all-brick bungalow is a rare find! Situated on an oversized lot backing onto a scenic park, it offers privacy, long-term value, and excellent appeal for both end-users and tenants. The main level features 3 spacious bedrooms and 2 bathrooms, providing comfortable living for families or owner-occupiers. The real value lies in the fully finished lower level, complete with a separate entrance, full kitchen, 3 bedrooms, and a 4-piece bath-ideal for generating rental income or accommodating multi-generational living. Dual living setup with strong income-generating potential, Separate entrance for privacy and flexibility, High-demand layout for both families and tenants, Large lot backing onto parkland-adds long-term value and desirability. Enjoy a fully fenced, mature backyard with a concrete patio-perfect for tenants or personal use. Two storage sheds add extra functionality, while the long paved driveway provides parking for up to four vehicles. Located in a quiet, established neighborhood in North Galt, just minutes from schools, shopping, transit, parks, and trails-making it highly attractive for renters and homeowners alike.Whether you're a first-time investor or expanding your portfolio, this property offers the perfect blend of cash flow potential, location, and future appreciation.Act fast-opportunities like this don't last long!
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Clear View, Park, Public Transit, School
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This could be the first listing for this address.
Data-driven valuation for 46 Elmwood Avenue, Cambridge, ON N1R 4Y2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cambridge.
About Purchasing a Home in Cambridge, ON
For a property listed at $679,000 in Cambridge, the legal minimum down payment is $42,900 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 $10,055 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 $10,055.
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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.