54 ELMA Place, Cambridge, ON
Property Highlights
Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick veneer construction, this residence presents an exceptional opportunity offered at $599,900 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 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 22.95 x 100 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater, Water Softener
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 54 Elma Place East, located in the highly desirable and family-friendly Hespeler community of Cambridge! This freehold townhouse offers 3 spacious bedrooms and 2.5 bathrooms, providing a functional layout perfect for families, first-time buyers, or investors alike. The main floor features a bright and open-concept living and dining area with plenty of natural light, while the upper level includes generously sized bedrooms, including a primary bedroom complete with large closets and convenient semi-ensuite access to the main bathroom for added comfort and functionality. The finished basement offers additional versatile living space ideal for a rec room, office, or gym area. Enjoy a fully fenced backyard, private driveway, and attached garage, all conveniently located close to Hwy 401, schools, parks, shopping, and everyday amenities. Property is currently tenanted. Seller discloses that upon a firm sale, the home will be freshly painted, professionally deep cleaned, and any necessary flooring and wall repairs will be completed. Minimal upgrades and touch-ups will also be done prior to closing, providing added value and peace of mind for the new owner.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Place Of Worship, Rec./Commun.Centre, School
Interior Features
Water Heater, Water Softener
Security Features
Smoke Detector
Community Features
Location
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 54 ELMA Place E, Cambridge, ON N3C 4E6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cambridge, ON
For a property listed at $599,900 in Cambridge, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.
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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.
