49 ELMA Place
Cambridge, Ontario
3 bed • 3 bath • Single Family
Welcome to 49 Elma Place — a warm and inviting freehold townhome nestled in the highly sought-after Hespeler East community. Lovingly maintained by the same owner for over 20 years, this home has been thoughtfully cared for and updated, offering the perfect blend of comfort, functionality, and pride of ownership. Step inside to a bright and welcoming layout designed for everyday living and effortless entertaining. Recent updates include most of the flooring on the main floor and basement completed this year, giving the home a fresh and modern feel. The spacious main level offers a comfortable flow throughout, while the finished basement provides valuable additional living space — perfect for a rec room, home office, gym, or guest retreat. A standout feature is the custom basement bar, creating the ideal space to host game nights, gather with friends, or unwind at the end of the day while adding both character and functionality to the lower level. Upstairs, you’ll find generously sized bedrooms ideal for growing families or those needing extra flexibility. Outside, enjoy a fully fenced backyard offering privacy and the perfect setting for kids, pets, gardening, or summer BBQs with family and friends. Additional updates include a roof replaced approximately 5 years ago, adding peace of mind for years to come. Complete with a private driveway, garage, and an unbeatable location close to Hwy 401, schools, parks, shopping, and charming Hespeler Village, this is a fantastic opportunity to own a move-in ready home in a welcoming, family-friendly neighbourhood. A home filled with warmth, care, and lasting memories — ready for its next chapter.
Price History
Schools
Elementary
- Hillcrest Public School0.9 km
Public · Waterloo Region DSB · 370 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 46% met the provincial standard
- Our Lady of Fatima Catholic Elementary School1 km
Catholic · Waterloo CDSB · 375 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 53% met the provincial standard
- Woodland Park Public School1.3 km
Public · Waterloo Region DSB · 370 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 54% met the provincial standard
Secondary
- Jacob Hespeler Secondary School3.2 km
Public · Waterloo Region DSB · 1070 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N3C
- Population
- 27,518
- Private dwellings
- 9,657
- Median age
- 38.8
- Average household size
- 2.9
- Median household income
- $114,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Cambridge · last 12 months
- Median sold price
- $675,000
- Homes sold
- 1,253
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,253 recorded sales of single family properties in Cambridge over the last 12 months.
Location
Mortgage Calculator
$119,980
Estimated Monthly Payment
$2,947
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,947/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $150/mo
Estimates only. Consult a financial advisor.
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