4 mins on Market

60 Elmwood Ave, Cambridge, Ontario N1R 4Y2

Detached
2 + 3
2
~700-1100 sqft
$659,000
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Detached
2 + 3
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market4 mins

Estimated valueNot available

Price/Sqft$770/sqft

Monthly cost

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Description

Excellent investment and income opportunity! This well-located property at 60 Elmwood Avenue offers a flexible setup with two separate tenants, providing immediate rental income from both the main-level unit and the basement. Enjoy the added appeal of a beautiful Gordo park behind the property, offering a great outdoor space for recreation, walking, and relaxation. The property is situated in a desirable Cambridge neighbourhood with convenient access to local amenities and services. A fantastic opportunity for investors or buyers looking for a property with existing rental income and strong potential.


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size4,400 SqFt(110 x 40)
Parking Spaces4.5
MLS ®NumberX13700040
Community NameElgin Park
Data SourceTRREB
Listing byRE/MAX REALTY SPECIALISTS INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Finished

Main Floor

Living

5.31 x 3.4

2nd Br

2.92 x 3.4

Dining

2.51 x 3.05

Kitchen

2.92 x 3.84


Features

Lot size: 4,400 SqFt

Parking

Garage spaces 1.5

Garage type Detached

Other parking spaces 3

Total parking spaces 4.5


Property listed by RE/MAX REALTY SPECIALISTS INC., Brokerage
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Market Data - Elgin Park

Geo Zone Map ThumbnailElgin Park

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

10 days

Compared to

2025

8 days

2024

13 days

2023

7 days

New Listings

Past 30 days

6 listings

Compared to

2025

6 listings

2024

7 listings

2023

5 listings

Units sold

Past 30 days

2 units

Compared to

2025

3 units

2024

3 units

2023

3 units

Median Sold Price

Past 30 days

$630,000

Compared to

2025

$621,000

2024

$690,000

2023

$730,000


Population and Demographics

Overview

Total population 3939
Average household income $93,113

Age (%)

0 to 19
25%
20 to 34
22%
35 to 49
18%
50 to 64
18%
65 and plus
17%

Household composition (%)

Single family
67%
Single person
25%
Multi person
6%
Multi family
1%

Mother tongue (%)

English
65%
Gujarati
12%
Portuguese
9%
Pashto
3%
Urdu
2%
Others
2%
Arabic
1%
Punjabi (Panjabi)
1%
Spanish
1%

House tenancy (%)

Owners
51%
Renters
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget