$454,000

For sale

#211 155 WATER Street South, Cambridge - Single Family for Sale

#211 155 WATER Street South, Cambridge, Ontario, N1R3E3

2 beds2 baths1 parking885 ft²$602/mo condo feeListed 125 days ago

Overview

This 2-bedroom, 2-bathroom condo in Cambridge is for sale offering roughly 885 sq ft of space. Listed at $454,000, it is attractively priced about 9% below the $499,900 median asking price in Cambridge.

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Description

Welcome home to this beautifully updated 2 bedroom, 2 bath condo offering stunning river views and effortless living in the heart of Cambridge. The bright, open-concept layout is filled with natural light and has been professionally freshly painted through-out, a spacious kitchen with plenty of storage. The oversized balcony is the perfect place to enjoy your morning coffee or unwind at the end of the day. The primary suite offers a walk-in closet and private 3 piece ensuite, while the large second bedroom and full bath are ideal for guests or a home office. Complete with in-suite laundry, assigned garage parking, and access to a rooftop terrace with BBQ area. Walking distance to the University of Waterloo School of Architecture, the Gaslight District, Grand River trails, shopping, dining, and more. Perfect for first-time buyers, down-sizers, or investors. This is a place you'll love coming home to. (id:66096)

Property Details

MLS®: 40843230
Property Type: Single Family
Zoning: C1RM1
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 885 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Visitor Parking
Condo Fee: $602/mo
Fee Includes: Landscaping, Property Management, Insurance
Ownership: Condo/Strata

Rooms

Main level

Other: 6'5'' x 8'11''
Primary Bedroom: 14'3'' x 8'10''
Living room: 14'11'' x 10'4''
Kitchen: 11'5'' x 11'4''
Foyer: 8'7'' x 5'9''
Bedroom: 12'7'' x 8'11''
4pc Bathroom: 5'0'' x 8'10''
3pc Bathroom: 4'11'' x 8'8''

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, Window Coverings, Microwave Built-in
Exterior: Brick, Stone
Lot Features: Balcony, Automatic Garage Door Opener

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

125d

Cambridge listings, avg age

58d

Price / ft²

$513

List price

$454K

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 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 Real Broker Ontario Ltd. · Coral Joyce

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1R)

This home lists at $454,000, about 5.9× the local median household income of $77,000.

Carrying it typically needs a household income of about $88,682 (20% down, 25-yr amortization, stress-tested) — roughly 15% 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)

$454,000· $513/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,700

Min 5%50%

Mortgage payment$2,391/mo

↳ CMHC premium ($17,252 capitalized)

Property tax (est.)$325/mo

Condo fee$602/mo

Total monthly$3,318

Cash Needed to Close

Down payment (5%)$22,700

Land transfer tax$5,555

Est. closing costs$3,862

Total cash needed$32,117

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