2 beds · 1 bath · 968 sqft
Welcome to 20 Elmwood Ave, a detached home in central Cambridge, ready for immediate occupancy. This property is ideal for first-time buyers or investors looking for an affordable home with room to improve. Set on a generous lot backing onto Gordon Chaplin Park, the location offers a tranquil setting with ample outdoor space. While the home could benefit from some updates, it’s well-suited for those who are handy and eager to build sweat equity. With a single garage and no monthly condo fees, it’s a great opportunity to own a detached home at a price point rarely seen in today’s market. Conveniently located close to Hespeler Rd, Cambridge Memorial Hospital, and various amenities, this house provides the essentials without breaking the bank. If you're ready to invest some effort and make this home your own, 20 Elmwood Ave could be just what you're looking for. (id:39198)
Building Type House, Detached
Year built 1942
Square Footage 968 sqft
Stories 1.5
Bedrooms 2
Bathrooms 1
Parking 3
Neighbourhood30 - Elgin Park/Coronation
Land size under 1/2 acre
Heating type Forced air
Basement typePartial (Unfinished)
Parking Type Attached Garage
Time on REALTOR.ca3 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: DEWAR REALTY INC., BROKERAGE
Home price
$399,900
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$3,638 / month
Rent $3,217
Savings $421
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$3,206 / month
Rent $3,118
Savings $88
Initial deposit 5%
Savings target Fixed at 5%