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$299,999
Cambridge
#307 155 South WATER Street South, Cambridge, Ontario, N1R3E3
This 1-bedroom, 1-bathroom condo in Cambridge is for sale offering roughly 577 sq ft of space. Listed at $299,999, it is attractively priced about 40% below the $499,900 median asking price in Cambridge. It has been on the market 13 days, fresher than the Cambridge average of 57 days.
Corner-unit living with an impressive wraparound balcony! Welcome to Unit 307 at 155 Water Street South, a one-bedroom, one-bathroom condo on the third floor of a well-built, well-maintained building in downtown Cambridge. The standout feature is the spacious wraparound balcony, extending your living space outdoors with room to enjoy morning coffee, create a container garden or unwind after a busy day. The corner location adds to the appeal, offering a welcoming setting to make your own. Inside, the practical layout includes a generously sized bedroom, a separate kitchen, a comfortable living area and a four-piece bathroom. Bring your decorating ideas and personal touches to refresh the space and turn it into a home that reflects your style. This is an opportunity to purchase at an accessible price point and add your own finishing touches over time. Enjoy the character and convenience of downtown Galt, with the Grand River trails, local shops, cafés, restaurants and Cambridge Farmers’ Market nearby. The Gaslight District is within walking distance, putting dining, entertainment and community events close to home. Whether you’re buying your first home, downsizing or looking for an investment opportunity, this corner suite offers a compelling combination of outdoor space, downtown convenience and potential. Make your move into homeownership. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 13 days on market, against an average age of 57 days across the listings currently for sale in this city
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.
This 1-bed single family in Cambridge has been listed for 13 days, which is 44 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $299,999, about 3.9× the local median household income of $77,000.
Carrying it typically needs a household income of about $58,600 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N1R)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice