$379,999

$399,900For salePrice drop↓ $19,901 (5%)

#1207 170 Water Street North, Cambridge - Single Family for Sale

#1207 170 Water Street North, Cambridge, Ontario, N1R3B6

2 beds1 bath1 parking750 ft²$750/mo condo feeListed 151 days ago

Overview

This 2-bedroom, 1-bathroom condo in Cambridge is for sale offering roughly 750 sq ft of space. Listed at $379,999, it is attractively priced about 24% below the $499,900 median asking price in Cambridge.

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Description

Not your typical condo layout, this expansive, bright and airy penthouse condo feels so spacious with its wide open layout, 10 ft ceilings andfantastic city view of historic Galt from its many windows. Plenty of space to spread out in this one bedroom plus den with lots of extra storagespace in the laundry room and two extra closets. Comes with a parking spot and storage locker. The building boasts a guest room, party room,shared barbecue, rooftop patio, top floor gym with views, a secondary terraced outdoor space and common area lounge where you can enjoy thebeautiful grand river views. Water, heat and AC are included in the condo fees. (id:66096)

Property Details

MLS®: X13411206
Property Type: Single Family
Zoning: C1RM1
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Other
Cooling: Central air conditioning
Garage: Garage, Underground
Waterfront: Yes
Condo Fee: $750/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,607.17/yr

Rooms

Main level

Kitchen: 3.18 x 2.72 meters
Great room: 6.11 x 3.64 meters
Primary Bedroom: 3.56 x 3.59 meters
Den: 3.11 x 2.12 meters
Laundry room: 1.11 x 2.62 meters
Bathroom: 2.46 x 1.73 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Garage door opener remote(s)
Foundation: Concrete
Exterior: Stucco
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

151d

Cambridge listings, avg age

57d

Price / ft²

$507

List price

$380K

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 99.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Cambridge is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE REALTY PLUS OAKVILLE · HEATHER ERIN OSBERG-SCHUIT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1R)

This home lists at $379,999, about 4.9× the local median household income of $77,000.

Carrying it typically needs a household income of about $74,227 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,000
Population: 42,928
Median age: 40.8
Owner / renter: 59% / 41%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N1R)

$379,999· $507/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,999.95

Min 5%50%

Mortgage payment$2,001/mo

↳ CMHC premium ($14,440 capitalized)

Property tax (est.)$301/mo

Condo fee$750/mo

Total monthly$3,052

Cash Needed to Close

Down payment (5%)$19,000

Land transfer tax$4,175

Est. closing costs$3,640

Total cash needed$26,815

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