A pic of a room for 8 Elgin St, Cambridge Ontario N1R 5G2
Re-listed 15 days ago

8 Elgin St, Cambridge, Ontario N1R 5G2

Townhouse
2 + 2
2
~1500-2000 sqft
$•••,•••
$749,900
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Townhouse
2 + 2
2
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$437/sqft

Est. Mortgage$3,221/mo

Tax Amount (2024)$3,621/yr

Days On Market15 days

Total Days On Market43 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

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size6,804 SqFt(136.09 x 50)
Parking Spaces8
MLS ®NumberX12095241
Community NameGlenview
Data SourceTRREB
Listing byRE/MAX PRIME PROPERTIES

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

2nd Floor

2nd Br

2.45 x 2.76

Kitchen

3.83 x 3.8

Living

3.52 x 5.17

Dining

2.81 x 2.93


Features

Lot size: 6,804 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
15 days on market
history photo preview21
Listing by trreb®
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

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

42 days

Compared to

2024

0 day

2023

24 days

2022

6 days

New Listings

Past 30 days

0 listing

Compared to

2024

3 listings

2023

0 listing

2022

2 listings

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

1 unit

2022

1 unit

Median Sold Price

Past 30 days

$515,000

Compared to

2023

$495,000

2022

$700,000


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%

Schools and amenities

Estimated Budget