611 Elgin Street, Cambridge, ON

$550,000
MLS#:X8397954
3 beds
2 baths
3.0 parking
Residential Freehold
611 Elgin Street N, Cambridge, ON N1R 6A2
⚠️

Property no longer active

This property was sold on June 10, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey semi-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 $550,000 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
  • Spacious lot size measured in Feet
  • Features a full, 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

Introducing our newest listing at 611 Elgin Street North! This stunning home is ideally located near Two Parks Dumfries Conservation Area and top-rated public and Catholic schools, making it perfect for a growing family. With restaurants and shopping just around the corner, you will fall in love with the convenience and charm of this gorgeous home. Step inside and be greeted by a space filled with warmth and natural light, thanks to the large bay windows at the front and rear of the house. From the moment you enter, you'll be captivated by the inviting ambiance and the high-quality finishes throughout. The spacious living room is the heart of the home, perfect for family gatherings, game nights, a good book, or cozying up for a movie. Whatever your family enjoys, this space will quickly become your favorite spot. The primary bedroom is a true retreat, offering a cozy and comfortable space large enough for a king-size bed. This is the perfect place to unwind after a long day. Additionally, there are two more bedrooms and a beautifully updated bathroom, ideal for your family's needs. The fully finished basement is a versatile space that includes a two-piece bath and a lovely rec room. This area is perfect for a home office, a playroom for the kids, or that dream man cave or she shed you've always wanted. Step outside to the backyard, a true oasis for family fun and relaxation. Whether you're looking for a place for the kids to play, a dog run, or a venue for summer gatherings, this yard has it all. With a mix of sun and shade, it's the perfect setting for any occasion. The backyard features a gazebo and a composite deck, creating an ideal spot for entertaining friends with drinks and laughter. Don't miss the chance to make this beautiful house your home. Come see it for yourself and experience everything 611 Elgen Street North has to offer.

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Property Summary

This detached home located at 611 Elgin Street, Cambridge is currently for sale and has been available on SousaSells for 794 days. This property is listed at $550,000 with an estimated mortgage of $1,831* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 611 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
  • Desirable Semi-Detached architecture in Cambridge
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
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 10, 2024
Sold price information is available to members only
Listed Date6/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFull, Finished
CountyWaterloo
Annual Tax$2,890
Legal DescriptionPT LT 38 PL 1325 CAMBRIDGE ; AS IN WS706902; S/T WS515454 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 611 Elgin Street, Cambridge, ON

Q.What is the asking price for 611 Elgin Street, Cambridge, ON ?

The current listing price for 611 Elgin Street, Cambridge, ON in Cambridge is $550,000.

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

This property features 3 bedrooms and 2 bathrooms.

Q.What property type and architectural style is 611 Elgin Street, Cambridge, ON ?

611 Elgin Street, Cambridge, ON is a Semi-Detached (2-Storey) featuring a Full, 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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611 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 611 Elgin Street N, Cambridge, ON N1R 6A2

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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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$165,000 (30.0%)
* Minimum Canadian down payment required for this price is $30,000.
Amortization Period30 Years
Estimated Monthly Payment$1,831Based on a loan of $385,000 over 30 years.
Purchase Price$550,000
Loan Amount$385,000
Provincial Land Transfer Tax:$7,475
Total Estimated Closing Taxes:$7,475

About Purchasing a Home in Cambridge, ON

For a property listed at $550,000 in Cambridge, the legal minimum down payment is $30,000 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 $7,475 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 $7,475.

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.