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Listed 15 days ago

68 Elgin Street S

, Cambridge

$649,900

Detached|Bungalow
3 | 2 | 6
About this home

Welcome to this stylish, extensively updated 3+1 bedroom bungalow in sought-after Central Cambridge. Set on an exceptional 50' x 150' lot backing directly onto elementary school property, this home offers the space, privacy, and flexibility today's buyers are looking for. The bright open-concept main floor features three bedrooms, hardwood flooring, fresh trim and paint, updated windows and doors, and a beautifully renovated chef's kitchen complete with a center island, gas stove and modern backsplash. Both bathrooms have been updated, while major improvements including furnace, heat pump & A/C all in 24' with 10yr warranty, windows, doors, painting, plumbing, wiring, and a 220V EV plug provide added peace of mind, A newly added walk-in mudroom offers two convenient entrances along with built-in coat, shoe, and closet storage-ideal for busy households. With access to both the upper and lower levels, the layout offers excellent potential for separated living space or a future secondary unit, subject to applicable approvals. The finished lower level anchored by a large great room has a bathroom with walk-in shower, bedroom or home gym perhaps, office, laundry & storage space. Outside, the oversized backyard provides endless possibilities, with room to accommodate a garage and pool if desired. The City is also scheduled to install a new fence along the driveway side of the property. A move-in-ready home with thoughtful upgrades, a standout lot, and a central location close to schools, parks, amenities, and transit. A must see!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,281
Lot Size50 ft x 150 ft
mls© NumberX13635932
Listed ByRoyal LePage Exchange Realty Co.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,326
Property tax
$273
Heat allowance
$150
Housing costs
$3,750 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $129,980
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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