49 East Street, Cambridge

Property details for 49 East Street, Cambridge

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 2
Living Area: 1,719 square feet
Stories: 1
Basement: Finished, Full
Parking: Attached Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Stone
Ownership: Freehold
Annual Taxes: $4,400

In East Galt, this 1957 brick bungalow sits on a 48-foot frontage, a short walk to Elixir Bistro, and the Gaslight District's restaurants are about a kilometer away. Inside, you're getting 1,719 square feet of living space with three bedrooms and two bathrooms, plus a finished basement that adds a huge rec room (42 feet wide), a 3-piece bath, and a separate entrance for possible in-law use. The main floor has restored hardwoods, a kitchen with granite counters and stainless appliances, and a fresh 4-piece bathroom. Big perk: the oversized single-car garage isn't just for parking, there's space for a workbench, and it leads to a rear yard with deck, pergola, and hot tub. Furnace and A/C are from 2020, basement was renovated in 2021. You're close to Galt Arena Gardens (3 minutes by car) and downtown's shops. With a tax bill around $4,400 and a price just under $740k, it's sitting near the area's median of $699k, but the size and renovated systems add value. Listing score of 89 suggests it's priced to move.

About 49 East Street, Cambridge — Property Score

Strong Investment Great Location Hot Market

Score: 67/100

Value

Priced 5.9% above area median of $698,500 based on 82 comparable properties nearby 61

$430/sqft - 9.4% above the $393/sqft area median 56

Stable pricing - no price changes since original listing date 50

Size

1,719 sqft - 9% less space than similarly priced homes (1,879 sqft median) 53

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

2 bathrooms - typical for similarly priced properties 60

Location

$69K median household income - near the Canadian average of $70K 64

71% of residents hold postsecondary credentials - a highly educated neighbourhood 80

58% homeownership rate - a balanced mix of owners and renters 71

69% of residents commute under 30 minutes - excellent commuter accessibility 85

3,477/km² population density - a well-balanced suburban area 95

Market

Just listed - area average is 79 days on market 100

+7.3% median price change over 1 month - rising prices in the area 87

39.4 months of housing supply - 394 active listings with 10 sold last month (buyer's market) 40

Features

3-car garage - area average is 4.8 spots 80

Finished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

Built in 1957 (69 years old) - established home with character, older than the area average (1970) 35

No premium extras like pool, waterfront, or view 50

Investment

0.59% effective tax rate ($4,400/yr) - very low tax burden 82

45% renter population - moderate rental market 84

Quality

Condition

Listing

45 photos provided - 15% more than the area average of 39 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.