Home with vinyl exterior material, street for 8 Elgin St, Cambridge Ontario N1R 5G2
Sold conditionally
38 days on Market

8 Elgin St, Cambridge, Ontario N1R 5G2

Detached
4
2
~1552 sqft
$•••,•••
$699,900
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Detached
4
2
~1552 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$450/sqft

Est. Mortgage$3,006/mo

Tax Amount (2024)$3,621/yr

Days On Market38 days


Description

Welcome to 8 Elgin Street, a legal nonconforming duplex in the heart of Cambridge. This unique property offers two separate, above-grade units perfect for investors or those seeking rental income, or live in one while renting out the other. level unit features 2 generously sized bedrooms, each with ample closet space. The eat-in kitchen boasts stainless steel appliances, plenty of cabinets, and a cozy area for meals. The large family room provides an inviting space to relax and unwind. Upper level unit includes 2 bedrooms, a well-sized family room, and a designated dining area, making it a perfect space for tenants or guests. The partially finished basement offers additional space with loads of potential to customize to your needs. A shared laundry area is conveniently located in the basement. The lot size is truly impressive, with 50 feet of frontage and 136 feet of depth ideal for outdoor entertaining. Enjoy a multi-level deck that provides the perfect setting for hosting friends and family. Don't miss out on the incredible opportunity to own a versatile property in one of Cambridge's sought-after neighborhoods. Current main floor tenant pays $2400 inclusive and the upper vacant unit was paying $2000 inclusive. Please note, the main floor pictures were taken prior to the current tenants occupancy.


Property Details

StyleTwo Story
View-
Age of property-
SqFt~1552 SqFt
Lot Size6,804 SqFt(136.09 x 50)
Parking Spaces8
MLS ®Number40719148
Community NameGlenview
Data SourceITSO
Listing byRE/MAX PRIME PROPERTIES

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Full, Partially Finished

Main Floor

Living Room

3.68 x 4.09

Bedroom Primary

3.00 x 5.99

Kitchen

3.81 x 3.89

Bedroom

3.05 x 2.95


Features

Lot size: 6,804 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property listed by RE/MAX PRIME PROPERTIES, Brokerage

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Market Data - Glenview

Geo Zone Map ThumbnailGlenview

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

18 days

Compared to

2024

32 days

2023

14 days

2022

9 days

New Listings

Past 30 days

6 listings

Compared to

2024

8 listings

2023

8 listings

2022

21 listings

Units sold

Past 30 days

4 units

Compared to

2024

5 units

2023

8 units

2022

11 units

Median Sold Price

Past 30 days

$650,000

Compared to

2024

$679,000

2023

$672,500

2022

$731,000


Population and Demographics

Overview

Total population 3776
Average household income $102,962

Age (%)

20 to 34
22%
50 to 64
21%
0 to 19
20%
35 to 49
19%
65 and plus
18%

Household composition (%)

Single family
61%
Single person
33%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
87%
Portuguese
5%
Others
4%
French
1%

House tenancy (%)

Owners
59%
Renters
41%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget