$669,900

For sale

#204 25 CONCESSION Street, Cambridge - Single Family for Sale

#204 25 CONCESSION Street, Cambridge, Ontario, N1R2G6

3 beds2 baths1 parking1,475 ft²$575/mo condo feeListed 9 days ago

Overview

This 3-bedroom, 2-bathroom condo in Cambridge is for sale offering roughly 1,475 sq ft of space. It has been on the market 9 days, fresher than the Cambridge average of 57 days.

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Description

Welcome to 204-25 Concession Street in Cambridge! This spacious and unique two-level historic converted industrial building in Downtown Galt known as The Grand River Lofts offers an impressive combination of functionality, character and natural light. Featuring 3 bedrooms and 1.5 bathrooms, the thoughtfully designed layout provides plenty of room for comfortable everyday living. Large windows fill the home with natural light, creating a bright and inviting atmosphere throughout. You'll appreciate the many custom built-ins, providing stylish and practical storage solutions, along with the convenience of in-suite laundry. The building features a secure entrance and elevator access, while the unit includes one dedicated parking space. With two levels of living space, this loft offers excellent separation between living and sleeping areas. A fantastic opportunity for first-time buyers, downsizers, professionals or anyone looking for a spacious, low-maintenance lifestyle in Cambridge. Don't miss your chance to make this bright and distinctive condo your new home! (id:66096)

Property Details

MLS®: 40874087
Property Type: Single Family
Zoning: C1RM1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,475 ft²
Year Built: 2011
Storeys: 2
Style: Other
Basement: None
Heating: Radiant heat, Natural gas
Cooling: Central air conditioning
Garage: Open
Condo Fee: $575/mo
Fee Includes

Rooms

Second level

Primary Bedroom: 16'5'' x 12'6''
Bedroom: 12'7'' x 13'4''
Bedroom: 18'0'' x 7'6''
4pc Bathroom: 8'1'' x 9'10''

Main level

Living room: 20'4'' x 12'3''
Kitchen: 8'8'' x 9'8''
Dining room: 19'1'' x 8'1''
2pc Bathroom: 6'6'' x 4'8''

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 Built-in
Exterior: Brick, Stone
Lot Features: Paved driveway

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Cambridge listings, avg age

57d

Price / ft²

$454

List price

$670K

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 3-bed single family in Cambridge has been listed for 9 days, which is 48 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX TWIN CITY REALTY INC. · STACEY CHAVES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1R)

This home lists at $669,900, about 8.7× the local median household income of $77,000.

Carrying it typically needs a household income of about $130,855 (20% down, 25-yr amortization, stress-tested) — roughly 70% above 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)

$669,900· $454/ft²

For sale

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Full Cost Breakdown

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Down Payment6.27% · $41,990

Min 6.27%50%

Mortgage payment$3,481/mo

↳ CMHC premium ($25,116 capitalized)

Property tax (est.)$404/mo

Condo fee$575/mo

Total monthly$4,459

Cash Needed to Close

Down payment (6.27%)$41,990

Land transfer tax$9,873

Est. closing costs$4,510

Total cash needed$56,373

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