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$429,900
Cambridge
#112 85 SPRUCE Street, Cambridge, Ontario, N1R4K4
This 1-bedroom, 2-bathroom condo in Cambridge is for sale offering roughly 1,270 sq ft of space. Listed at $429,900, it is attractively priced about 14% below the $499,900 median asking price in Cambridge.
MODERN LOFT LIVING! Welcome to this stunning loft, where soaring 16ft ceilings and expansive windows create a bright, airy ambiance. Featuring polished concrete floors, exposed brick, ducts, pipes, and iron columns, this space seamlessly blends original character with modern sophistication. Set within a 1910 fabric weaving factory stylishly converted into loft-style residences, Unit #112 offers over 1,250 sqft of thoughtfully designed living space. This one-bedroom plus den unit includes two full bathrooms, with the upper primary suite featuring a private ensuite. The kitchen is a chef’s dream, boasting an eat-in island, granite countertops, under-cabinet lighting, custom cabinetry, and stainless steel appliances. Above the den, a unique loft space—currently used as a gym—offers endless possibilities, from a cozy reading nook to a creative retreat. Additional conveniences include in-suite laundry, a private front door entry, one outdoor parking space, and a storage unit. Building amenities include a gym and party room. Perfectly located just steps from downtown, enjoy locally roasted coffee, boutique shops, the library, and a leisurely walk across the Grand River Pedestrian Bridge. You’ll also find Gaslight and Spruce Park mere minutes away. Experience the perfect blend of history, charm, and modern living—this loft is truly one of a kind! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 68 days on market, against an average age of 58 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 1-bed single family in Cambridge is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $429,900, about 5.6× the local median household income of $77,000.
Carrying it typically needs a household income of about $83,975 (20% down, 25-yr amortization, stress-tested) — roughly 9% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1R)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice