72 Elgin St S
Cambridge, N1R 5G5
FOR SALE
$699,900
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5 + 3
ROOMSX10431467
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Property Description
Gorgeous And Immaculately Well Kept Detached Bungalow Situated On A 60 X 100 Ft Lot Featuring A Massive Driveway With Ample Parking Space And A Convenient 1-Car Garage. Spacious Living And Dining Areas With Upgraded Flooring, Recently Updated Kitchen W S/s Appliances And Shiplap Backsplash. 2 Excellent Sized Bedrooms On The Main Level With An Updated Bath. The Finished 1 Bedroom Basement With A 2 Pc Bath Is Cozy And An Entertainers Dream To Enjoy With Family And Friends. Prime Location In Cambridge With Massive Potential. Situated In A Welcoming, Family-friendly Neighborhood, This Home Provides Unparalleled Convenience With Schools, Parks, Dining, Shopping, And Recreational Facilities All Close By. Commuters Will Benefit From Easy Access To Public Transit And The 401, Ensuring Effortless Travel.
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Property Details
Street
City
Property Type
Detached, Bungalow
Lot Size
60' x 100'
Fronting
West
Taxes
$3,260 (2024)
Basement
Finished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Available
Garage Type
Detached
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Cambridge Market Statistics
Cambridge Price Trend
72 Elgin St S is a 2-bedroom 2-bathroom home listed for sale at $699,900, which is $80,734 (13.0%) higher than the average sold price of $619,166 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 2 bedroom home in Cambridge declined by $109,288 (15.0%) compared to the previous 30 day period (September 27 - October 26) and up $21,666 (3.6%) from the same time one year ago.Inventory Change
There were 9 2-bedroom homes listed in Cambridge over the last 30 days (October 27 - November 25), which is up 50.0% compared with the previous 30 day period (September 27 - October 26) and up 28.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Cambridge typically sold $20,016 (3.2%) above asking price over the last 30 days (October 27 - November 25), which represents a $8,326 increase compared to the previous 30 day period (September 27 - October 26) and $3,050 more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Cambridge over the last 30 days (October 27 - November 25) stood at 66.7%, down from 183.3% over the previous 30 days (September 27 - October 26) and up from 28.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Cambridge stood at 13 days when successfully sold over the last 30 days (October 27 - November 25), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Services Inc.
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