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Property Type: Detached HouseOwnership: Freehold
82 ELMWOOD Avenue
Cambridge, ON N1R4Y4
MLS® 40853395
67
Walk Score
51
Transit
52
Bike
$639,900
4 bed2 bath5 parking1,034 sqft
67
Walk Score
51
Transit
52
Bike
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Lot size
- 0.1 acres
- Frontage
- 40 feet
R5
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,982
Interior
- Basement
- Partially finished, Full
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Basement | — |
| Bedroom | Basement | 8'0'' x 9'0'' |
| Recreation room | Basement | 13'7'' x 10'5'' |
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 8'4'' x 11'2'' |
| Bedroom | Main level | 9'9'' x 11'6'' |
| Primary Bedroom | Main level | 11'3'' x 11'3'' |
| Living room | Main level | 11'3'' x 19'2'' |
| Eat in kitchen | Main level | 11'6'' x 18'8'' |
Description
Charming Bungalow with In-Law Suite & Oversized Garage! This well-maintained bungalow offers incredible flexibility for families, investors, or those looking for multi-generational living. The main floor features 3 bedrooms, a full bathroom, a spacious living room, and a bright eat-in kitchen. The finished basement includes a recreation room and a separate one-bedroom in-law suite with its own private entrance, kitchen, and living area, offering excellent potential for extended family or additional income. Outside, you'll find an oversized detached garage, a garden shed for extra storage, and no rear neighbours, providing added privacy and outdoor enjoyment. While the home has been well cared for, it also offers an excellent opportunity for buyers to add their own personal style and build equity through cosmetic updates. Situated in a mature, family-friendly neighbourhood, Elmwood Avenue offers the perfect balance of convenience and community. Schools, parks, shopping, public transit, and everyday amenities are all within walking distance. Enjoy quick access to Highway 401, downtown Galt, Hespeler Road, and nearby walking trails. A fantastic opportunity to own a solid home in a desirable, well-connected location with endless potential. (id:63159)
Listing Information
- MLS®
- 40853395
- Data last synced
- October 19, 2026
Re/Max Real Estate Centre Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Re/Max Real Estate Centre Inc.
MLS® Number: 40853395
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$619/sqft
Building average
—
No other active listings in this building
30 - Elgin Park/Coronation average
$376/sqft
14 active listing(s)
Parking: 5 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
4°C
—
Humidity 95%
Wind E calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
Source: Environment and Climate Change Canada.
Population
139,163
(2021 Census)
+6.6% since 2016
Density: 615.3/km²
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 6.1% ($38,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$511,920.00
Periodic payment — Principal & Interest (monthly)$3,302.73
Additional monthly expenses (condo fees, tax, utilities, etc.)$383.83
Total monthly cost$3,686.57
Interest paid over 5-yr term$146,717.74
Balance at end of term$460,473.70
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$38,990
Stress test qualifying rate8.19%
Payment you must qualify for$4,659.30
Cash Needed at Closing
Minimum down payment$38,990
Estimated Land Transfer Tax (LTT)$9,273
Legal / closing costs (typical estimate)$1,500
Total cash needed$49,763
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
