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54 ELMA Place

54 ELMA Place

Cambridge, ON

  • 3 bed
  • 3 bath
  • approx. 1100-1500 sqft
  • Att/Row/Townhouse
  • 99 days on market
$599,900

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.

Listing Details

Taxes (2025)
$4,300
Listed
May 26, 2026

Price History

Property

Style
2-Storey
Construction
Brick Veneer
Roof
Shingles
Foundation
Concrete
Interior
Water Heater, Water Softener
Lot Size
22.95 x 100 Feet

Parking

Garage
Attached
Covered Spaces
1
Total Parking
2

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
MELRAN DR.
Parcel Number
226410923
Possession
60-89 days
Occupancy
Tenant

Included

Inclusions
Built-in Microwave, Carbon Monoxide Detector, Dishwasher, Dryer, Refrigerator, Smoke Detector,Stove, Washer, Window Coverings, TV Mounts, Bathroom Mirrors.
Rental Items
Hot Water Heater & Water Softener

Schools

Elementary

  • Hillcrest Public School0.8 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 School3.1 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

Residential Freehold in Cambridge · last 12 months

Median sold price
$678,350
Homes sold
1,246
Median days on market
19
Sale-to-list price
100.6%

Based on 1,246 recorded sales of residential freehold properties in Cambridge over the last 12 months.

Rooms

2-piece on Main, 3-piece on Second, 3-piece on Basement

Second

  • Bathroom
  • Bedroom 29' x 11'
  • Bedroom 312'10" x 9'
  • Primary Bedroom20' x 13'6"

Main

  • Bathroom
  • Dining Room15' x 7'10"
  • Kitchen10' x 7'10"
  • Living Room12'2" x 10'

Basement

  • Bathroom
  • Recreation17'6" x 12'2"

Listed by

HOMELIFE/MIRACLE REALTY LTD

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$119,980

Estimated Monthly Payment

$2,947

Land transfer tax

Estimated land transfer tax$8,473

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,947/mo (20% down, 5.5%)

Taxes: $358/mo · Insurance: $150/mo

Estimates only. Consult a financial advisor.

R

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