$349,900

For sale

#601 150 WATER Street North, Cambridge - Single Family for Sale

#601 150 WATER Street North, Cambridge, Ontario, N1R0B5

1 bed1 bath2 parking615 ft²$639/mo condo feeListed 28 days ago

Overview

This 1-bedroom, 1-bathroom condo in Cambridge is for sale offering roughly 615 sq ft of space. Listed at $349,900, it is attractively priced about 30% below the $499,900 median asking price in Cambridge. It has been on the market 28 days, fresher than the Cambridge average of 57 days.

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Description

WELCOME TO 150 WATER STREET NORTH UNIT 601! This desirable condo is in the heart of downtown Cambridge along the Grand River. Step into the modern, open concept layout, featuring a high-end kitchen with granite counters, stainless steel appliances (Dishwasher: 2026, Fridge: 2024, Stove: 2024), and spacious breakfast bar. The stylish living room includes a rustic accent wall with a walkout to the balcony with views of the Grand River. Just off of the living room is your master bedroom with a large floor to ceiling window allowing for lots of natural light. The condo also offers a bright 4 piece bathroom and in-suite laundry. Unit includes 1 Underground Parking Space & 1 Surface Parking Space (Currently being rented out). The building amenities include an exercise room, party room and visitor parking. Nestled near the vibrant Gaslight District, charming restaurants, and the Mill of Cambridge, you'll also have immediate access to the scenic waterfront trail which leads to the Paris trail system. Within minutes to the city core of Galt, schools, shopping, restaurants and much more for you to enjoy! Don't miss this opportunity. Book your showing today! (id:66096)

Property Details

MLS®: 40869517
Property Type: Single Family
Zoning: C1RM1
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 615 ft²
Year Built: 2016
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, Open
Waterfront: Yes
Condo Fee: $639/mo
Fee Includes

Rooms

Main level

Primary Bedroom: 14'3'' x 9'6''
Living room: 14'2'' x 10'3''
Kitchen: 12'1'' x 13'7''
4pc Bathroom: 4'11'' x 7'11''

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: Stucco
Lot Features: Southern exposure, Balcony, Paved driveway

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Cambridge listings, avg age

57d

Price / ft²

$569

List price

$350K

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 1-bed single family in Cambridge has been listed for 28 days, which is 29 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RED AND WHITE REALTY INC. · Shane Esteireiro

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1R)

This home lists at $349,900, about 4.5× the local median household income of $77,000.

Carrying it typically needs a household income of about $68,348 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$349,900· $569/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,495

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,296 capitalized)

Property tax (est.)$304/mo

Condo fee$639/mo

Total monthly$2,785

Cash Needed to Close

Down payment (5%)$17,495

Land transfer tax$3,724

Est. closing costs$3,550

Total cash needed$24,769

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