$676,018

For sale

#1414 15 GLEBE Street, Cambridge - Single Family for Sale

#1414 15 GLEBE Street, Cambridge, Ontario, N1S0C3

2 beds2 baths1 parking1,126 ft²$659/mo condo feeListed 48 days ago

Overview

This 2-bedroom, 2-bathroom condo in Cambridge is for sale offering roughly 1,126 sq ft of space. It has been on the market 48 days, fresher than the Cambridge average of 58 days.

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Description

AFTER GASLIGHT DISTRICT! This brand-new 1,126 sq. ft. unit is located in the Gaslight District — Cambridge’s premier dining, entertainment, and culture hub. With stellar views of the Grand River and Gaslight Square, plus an incredible selection of amenities right at your doorstep, this is the perfect place to call home! This unit features 9’ ceilings, wide-plank engineered hardwood flooring, and premium finishes throughout. The bright, open-concept kitchen and dining area showcases quartz countertops and backsplash, upgraded appliances, under-mount lighting, and large windows that fill the space with natural light. The unit also features updated bathroom fixtures, in-suite laundry, and a spacious open balcony offering panoramic views of the city, with convenient access from both the kitchen and bedroom. The unit includes 1 underground parking space and exclusive access to the Gaslight Condos’ impressive amenities, including an exercise room, games room, study/library, and expansive outdoor terrace with pergolas, fire pits, and BBQ areas overlooking Gaslight Square. Enjoy modern condo living in one of Cambridge’s most exciting communities. Don’t wait — book your showing today! (id:66096)

Property Details

MLS®: 40864435
Property Type: Single Family
Zoning: FC1RM1
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,126 ft²
Year Built: 2022
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, Covered
Condo Fee: $659/mo
Fee Includes: Common Area Maintenance, Landscaping, Property Management, Insurance, Parking

Rooms

Main level

Bedroom: 10'2'' x 11'3''
3pc Bathroom
3pc Bathroom
Dining room: 15'2'' x 8'1''
Living room: 15'2'' x 8'11''
Kitchen: 9'0'' x 17'0''
Bedroom: 10'2'' x 12'5''

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
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Southern exposure, Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Cambridge listings, avg age

58d

Price / ft²

$600

List price

$676K

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 48 days, which is 10 days fresher than the city average of 58. Act while there is still low competition.

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Listed by Corcoran Horizon Realty · Linda Cabral

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1S)

This home lists at $676,018, about 7.1× the local median household income of $95,000.

Carrying it typically needs a household income of about $132,050 (20% down, 25-yr amortization, stress-tested) — roughly 39% 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)

$676,018· $600/ft²

For sale

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Full Cost Breakdown

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Down Payment6.30% · $42,601.80

Min 6.30%50%

Mortgage payment$3,512/mo

↳ CMHC premium ($25,337 capitalized)

Property tax (est.)$379/mo

Condo fee$659/mo

Total monthly$4,550

Cash Needed to Close

Down payment (6.30%)$42,602

Land transfer tax$9,995

Est. closing costs$4,528

Total cash needed$57,125

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