Cambridge, N1R 5G9
$499,000$000000
Listed by SPARK REALTY INC..
POSTIVE CASH FLOW PROPERTY generating $3,900 in rental income. Featuring separate upstairs and downstairs living spaces, this home offers flexibility and strong income potential. Dont miss out on this high-return investment!Would you like to highlight any other features, such as location, upgrades, or lot size?Welcome home to 40 Elgin St N, a delightful bungalow perfectly positioned on a generous oversized lot in the highly desirable East Galt neighborhood. This inviting home offers a bright and spacious living and dining area, a beautifully updated kitchen, a stylish 4-piece bathroom, and two extra-large bedrooms. The primary bedroom features a walkout to a massive, fully fenced backyard, complete with three handy storage sheds. The cozy lower level boasts a private entrance and a charming in-law suite, offering an open-concept kitchen and living area, a spacious bedroom, and a modern 3-piece bath. Plus, theres a large utility room with plenty of storage and laundry space. Ideally located just minutes from top-rated schools, shopping, dining, parks, and public transit, this home is a perfect blend of comfort and convenience!
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.