15 Glebe Street, Cambridge, ON

$428,900
MLS#:X12036489
1 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium concrete and other construction, this residence presents an exceptional opportunity offered at $428,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Visit REALTOR website for additional information. Perfect for both investors and first-time buyers, this unit is part of the popular "The Laundry Room" rental pool in the heart of the GASLIGHT District downtown. Enjoy entertainment, dining, and shops right outside your door. Unit 603 is located on the same floor as many building amenities. It features a spacious eat-in kitchen, living room, large bedroom with a walk-in closet, and a unique 1000 sqft partially covered private terrace with views of the Gaslight area and Grand River. Modern finishes throughout, including stainless steel appliances and a bright 3-piece bathroom. The Gaslight towers offer upscale living with lounges, study rooms, indoor/outdoor spaces, fire pits, BBQ areas, and underground parking.

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusPrice Change
Listed Date3/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete, Other
BasementNone
CountyWaterloo
Annual Tax$3,264.46

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Public Transit, River/Stream, School, School Bus Route

Interior Features

Carpet Free, Storage

Security Features

Monitored, Security System, Smoke Detector

Community Features

Location

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15 Glebe Street, Cambridge, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 15 Glebe Street 603, Cambridge, ON N1S 0C3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cambridge.

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Interest Rate5.25%
Down Payment$21,445 (5.0%)
* Minimum Canadian down payment required for this price is $21,445.
Amortization Period25 Years
Estimated Monthly Payment$2,428Based on a loan of $407,455 over 25 years.
Purchase Price$428,900
Loan Amount$407,455
Provincial Land Transfer Tax:$5,053
Total Estimated Closing Taxes:$5,053

About Purchasing a Home in Cambridge, ON

For a property listed at $428,900 in Cambridge, the legal minimum down payment is $21,445 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,053 for this transaction. As this listing is in Cambridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,053.

Nearby Listings

Distance:

No current listings found in Cambridge.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cambridge.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$928,168

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Avenue Road
Public40 Gail Street, Cambridge, Ontario, N1R 4M2
3.3
Elgin Street
Public685 Elgin Street North, Cambridge, Ontario, N1R 7W6
6.2
St Peter
Public92 Avenue Road, Cambridge, Ontario, N1R 1C1
5.6
Christ The King
Public70 Acorn Way, Cambridge, Ontario, N1R 8M5
3.1
Manchester
Public455 Dundas Street North, Galt, Cambridge, Ontario, N1R 5R5
4.7

Secondary Schools

Galt
Public200 Water Street North, Galt, Cambridge, Ontario, N1R 6V2
5.9
St. Benedict
Catholic50 Saginaw Parkway, Cambridge, Ontario, N1R 5W1
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.