150 Water Street, Unit 3, Cambridge, ON

$395,000
MLS#:X12006953
1 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
150 Water Street 103, Cambridge, ON N1R 3B6
⚠️

Property no longer active

This property was sold on March 14, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 Storey/Apt common element condo located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium stucco (plaster) and concrete block construction, this residence presents an exceptional opportunity offered at $395,000 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 700-799 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Experience urban living at its finest in this stunning 1-bedroom + den condo, perfectly situated in the heart of downtown Galt, Cambridge. Boasting 670 sq. ft. of stylish living space, this first-floor unit stands out with its massive 200 sq. ft. terracea rare find perfect for outdoor lounging and entertaining. Step inside to discover a modern, open-concept layout with sleek finishes throughout. The spacious living area flows seamlessly to your private outdoor retreat, while the den offers the perfect space for a home office or guest room. Enjoy the convenience of in-suite laundry and access to premium building amenities, including a fully equipped gym and a chic party room. Nestled just steps from the Grand River, scenic trails, charming boutiques, and local restaurants, this condo offers the perfect balance of nature and city life. Whether you're a professional seeking convenience or a downsizer looking for comfort, this home is an exceptional opportunity. Offers anytime- NOT holding off offers.

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Property Summary

This condo apartment located at 150 Water Street, Cambridge is currently for sale and has been available on SousaSells for 517 days. This property is listed at $395,000 with an estimated mortgage of $1,315* per month. It has 1 bed, 1 bathroom, and is 700-799 square feet. 150 Water Street, Cambridge

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Cambridge.

Great for Small Household / Couples
What We Love About This Home
  • 1 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 700-799 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Cambridge.

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMarch 14, 2025
Sold price information is available to members only
Listed Date3/7/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommon Element Condo
Architectural Style1 Storey/Apt
ConstructionStucco (Plaster), Concrete Block
BasementNone
CountyWaterloo
Annual Tax$3,301.87

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Primary Bedroom - Main Floor

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 150 Water Street, Unit 3, Cambridge, ON

Q.What is the asking price for 150 Water Street, Unit 3, Cambridge, ON ?

The current listing price for 150 Water Street, Unit 3, Cambridge, ON in Cambridge is $395,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 1 bathroom across approximately 700-799 sqft.

Q.What property type and architectural style is 150 Water Street, Unit 3, Cambridge, ON ?

150 Water Street, Unit 3, Cambridge, ON is a Common Element Condo (1 Storey/Apt) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Primary Bedroom - Main Floor.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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150 Water Street, Unit 3, Cambridge, ON

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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 150 Water Street 103, Cambridge, ON N1R 3B6

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.

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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 Rate4.00%
Down Payment$118,500 (30.0%)
* Minimum Canadian down payment required for this price is $19,750.
Amortization Period30 Years
Estimated Monthly Payment$1,315Based on a loan of $276,500 over 30 years.
Purchase Price$395,000
Loan Amount$276,500
Provincial Land Transfer Tax:$4,400
Total Estimated Closing Taxes:$4,400

About Purchasing a Home in Cambridge, ON

For a property listed at $395,000 in Cambridge, the legal minimum down payment is $19,750 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 $4,400 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 $4,400.

Cambridge 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$892,376

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%

Best Schools in Cambridge

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
Blair Road
Public85 Sunset Boulevard, Galt, Cambridge, Ontario, N1S 1A9
5.6

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

Cambridge Demographic Home information

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.