$379,900

For saleJust listed

#1001 190 HESPELER Road, Cambridge, Ontario, N1R8B8

2 bd2 ba1 pk1,546 ft²+$1092/mo

Listed by Howie Schmidt Realty Inc.

103 Blackbird Circle, Cambridge, Ontario, N3C0A9

For saleJust listed

Today

$600K

103 Blackbird Circle, Cambridge, Ontario, N3C0A9

3 bd3 ba2 pk1,750 ft²+$126/mo

Listed by KINGSWAY REAL ESTATE

#601 170 Water Street North, Cambridge, Ontario, N1R3B6

For saleJust listed

Today

$380K

#601 170 Water Street North, Cambridge, Ontario, N1R3B6

2 bd1 ba1 pk850 ft²+$778/mo

Listed by RE/MAX REAL ESTATE CENTRE INC.

#210 408 Dundas Street South, Cambridge, Ontario, N1R8H7

For saleJust listed

Yesterday

$400K

#210 408 Dundas Street South, Cambridge, Ontario, N1R8H7

2 bd2 ba1 pk750 ft²+$486/mo

Listed by Sotheby's International Realty Canada, Brokerage

Investment analysis

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$379,900

Cambridge

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Overview

This 2-bedroom, 1-bathroom condo in Cambridge is for sale offering roughly 842 sq ft of space. Listed at $379,900, it is attractively priced about 24% below the $499,900 median asking price in Cambridge. It has been on the market 0 days, fresher than the Cambridge average of 58 days.

Condos for Sale in Cambridge →All real estate in Cambridge →

Description

Welcome to 601-170 Water Street North! Enjoy condo living in a fantastic location along the Grand River, just steps from Historic Downtown Galt! This bright and inviting 2-bedroom condo offers an open-concept layout with a spacious living area and sliding doors leading to a private covered balcony with beautiful views. The kitchen features granite countertops, stainless steel appliances, and plenty of cupboard space. Additional conveniences include in-suite laundry, owned underground parking, and a storage locker. The building offers secure entry, a fitness room, and a rooftop patio complete with BBQs, perfect for relaxing or entertaining. Enjoy being within walking distance of scenic river trails, the Cambridge Mill, restaurants, shops, patios, and the Hamilton Theatre. A wonderful opportunity to enjoy comfortable, low-maintenance living in one of Cambridge's most charming locations. Book your private showing today! (id:66096)

Property Details

MLS®: 40875619
Property Type: Single Family
Zoning: C1RM1
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 842 ft²
Year Built: 2008
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, Visitor Parking
Condo Fee: $778/mo
Fee Includes: Landscaping, Property Management, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,427/yr
Listed: Today

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Built-in
Exterior: Stucco
Lot Features: Backs on greenbelt, Conservation/green belt, 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

Cambridge listings, avg age

58d

Price / ft²

$451

List price

$380K

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.

Area context

Neighbourhood profile (N1R)

This home lists at $379,900, about 4.9× the local median household income of $77,000.

Carrying it typically needs a household income of about $74,208 (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)

$379,900· $451/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,995

Min 5%50%

Mortgage payment$2,001/mo

↳ CMHC premium ($14,436 capitalized)

Property tax (est.)$286/mo

Condo fee$778/mo

Total monthly$3,065

Cash Needed to Close

Down payment (5%)$18,995

Land transfer tax$4,174

Est. closing costs$3,640

Total cash needed$26,809

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

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#601 170 WATER Street North, Cambridge - Single Family for Sale

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Neighbourhood profile (N1R)

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