$539,500

$550,000For salePrice drop↓ $10,500 (2%)

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#1311 50 GRAND Avenue South, Cambridge - Single Family for Sale

#1311 50 GRAND Avenue South, Cambridge, Ontario, N1S0C2

2 beds2 baths1 parking1,007 ft²$628/mo condo feeListed 56 days ago

Overview

This 2-bedroom, 2-bathroom condo in Cambridge is for sale offering roughly 1,007 sq ft of space.

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Description

**The sellers will consider a trade for a 3 bedroom detached home with a garage in Cambridge.** Embrace the ultimate lock-and-leave lifestyle at the Gaslight District! This stylish 2-bedroom, 2-bathroom condo offers an incredible opportunity to enjoy modern luxury and vibrant urban living. Inside, you'll find a bright, open-concept layout featuring 9-foot ceilings, generous windows, and a stylish kitchen complete with a center island and six appliances. This unit features fresh paint/wallpaper throughout, California shutters in the living area and bedrooms, a kitchen pantry plus closet organizers in both bedrooms. Step out onto your private glass balcony—accessible from both the primary bedroom and the main living area—to take in beautiful, peaceful views of the Grand River and nearby walking trails. Lifestyle & Amenities: Gaslight District Hub: Live steps away from Gaslight Square, surrounded by bustling shops, dining, and the charm of Downtown Galt. Top-Tier Amenities: Enjoy full access to a fully equipped fitness center, games room, library/study space, and an expansive outdoor terrace with pergolas, fire pits, and BBQs. Storage & Parking: Includes 1 underground parking space and a private storage locker for all your extra gear. Move right in and start living the Gaslight lifestyle! (id:66096)

Property Details

MLS®: 40861810
Property Type: Single Family
Zoning: C1RM1
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,007 ft²
Year Built: 2023
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, Visitor Parking
Condo Fee: $628/mo
Fee Includes: Landscaping, Property Management, Insurance

Rooms

Main level

Eat in kitchen: 11'0'' x 13'0''
Living room: 11'0'' x 13'6''
Primary Bedroom: 9'6'' x 17'0''
Bedroom: 10'0'' x 13'0''
4pc Bathroom: 6'0'' x 9'6''
Laundry room: 3'6'' x 6'0''
4pc Ensuite bath: 5'0'' x 11'0''

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, Hood Fan
Foundation: Poured Concrete
Exterior: Concrete
Lot Features: Southern exposure, Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Natural Gas, Electricity, Cable, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Cambridge listings, avg age

58d

Price / ft²

$536

List price

$540K

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.

Haho

This 2-bed single family in Cambridge has been listed for 56 days, which is 2 days fresher than the city average of 58. Act while there is still low competition.

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Listed by Century 21 Heritage House Ltd. · JEFF GINGERICH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1S)

This home lists at $539,500, about 5.7× the local median household income of $95,000.

Carrying it typically needs a household income of about $105,383 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.

Median household income: $95,000
Population: 20,171
Median age: 42.8
Owner / renter: 71% / 29%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N1S)

$539,500· $536/ft²

For sale

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Full Cost Breakdown

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Down Payment5.37% · $28,950

Min 5.37%50%

Mortgage payment$2,831/mo

↳ CMHC premium ($20,422 capitalized)

Property tax (est.)$392/mo

Condo fee$628/mo

Total monthly$3,851

Cash Needed to Close

Down payment (5.37%)$28,950

Land transfer tax$7,265

Est. closing costs$4,119

Total cash needed$40,334

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#1311 50 GRAND Avenue South, Cambridge - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N1S)

Book a showing

Full Cost Breakdown