155 Water Street, Unit 705, Cambridge, ON

$384,000
MLS#:X12564172
1 beds
1 baths
500-599 sqft
2.0 parking
Residential Condo & Other
155 Water Street S 705, Cambridge, ON N1R 3E2
⚠️

Property no longer active

This property was sold on December 5, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $384,000 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 500-599 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 155 Water Street S Unit 705. This unit features 585 square feet of carpet free living and TWO underground parking spaces. The bright and airy kitchen offers stainless steel appliances with built-in oven, microwave, and range hood, while offerings lots of storage space. The living room is perfect for hosting and entertaining with an open balcony facing the neighbourhood. This home offers one bedroom with built-in shelves, great for additional storage, a full four piece bathroom and in-suite laundry for extra comfort and convenience. Freshly painted with lots of windows and natural light, this condo suite is perfect for any first time buyer who desires zero maintenance, young professionals and any empty nesters looking to downsize. Centrally located in the heart of downtown Galt, walking distance to schools, parks, public transit, shopping and amenities. Welcome to 155 Water Street S Unit 705.

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Property Summary

This condo apartment located at 155 Water Street, Cambridge is currently for sale and has been available on SousaSells for 259 days. This property is listed at $384,000 with an estimated mortgage of $1,278* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 155 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
  • 500-599 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
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateDecember 5, 2025
Sold price information is available to members only
Listed Date11/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionBrick, Stone
BasementNone
CountyWaterloo
Annual Tax$3,010

Parking & Garage

Parking Total2.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Park
  • Place Of Worship
  • Public Transit
  • School Bus Route
  • River/Stream

Interior Features

  • Carpet Free
  • Primary Bedroom - Main Floor

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 155 Water Street, Unit 705, Cambridge, ON

Q.What is the asking price for 155 Water Street, Unit 705, Cambridge, ON ?

The current listing price for 155 Water Street, Unit 705, Cambridge, ON in Cambridge is $384,000.

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

This property features 1 bedroom and 1 bathroom across approximately 500-599 sqft.

Q.What property type and architectural style is 155 Water Street, Unit 705, Cambridge, ON ?

155 Water Street, Unit 705, Cambridge, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.

Q.What key property features does 155 Water Street, Unit 705, Cambridge, ON offer?

Key property features include: Park, Place Of Worship, Public Transit, School Bus Route, River/Stream.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Primary Bedroom - Main Floor.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Location

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155 Water Street, Unit 705, 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 155 Water Street S 705, Cambridge, ON N1R 3E2

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$115,200 (30.0%)
* Minimum Canadian down payment required for this price is $19,200.
Amortization Period30 Years
Estimated Monthly Payment$1,278Based on a loan of $268,800 over 30 years.
Purchase Price$384,000
Loan Amount$268,800
Provincial Land Transfer Tax:$4,235
Total Estimated Closing Taxes:$4,235

About Purchasing a Home in Cambridge, ON

For a property listed at $384,000 in Cambridge, the legal minimum down payment is $19,200 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 $4,235 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 $4,235.

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.