50 Grand Avenue, Unit 08, Cambridge, ON

$449,900
MLS#:X10875063
1 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
50 Grand Avenue S 1008, Cambridge, ON N1S 0C2
⚠️

Property no longer active

This property was sold on February 10, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium concrete and stone construction, this residence presents an exceptional opportunity offered at $449,900 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: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this stylish 1-bedroom, 1-bathroom condo in the heart of the Gaslight District, where modern design meets vibrant community living. With $25,000 in upgrades, including a quartz backsplash, bathroom fixtures, and sleek, modern appliances, this condo is both functional and beautiful. In addition, the shaker-style cabinetry, hardwood floors, and under-mount lighting add to its appeal, while dimmers allow you to create the perfect ambiance. The open-concept layout flows seamlessly to an extra-large balcony, accessible from both the living room and bedroom. The spacious outdoor area is perfect for dining, relaxing, and enjoying ideal views of the biggest screen in the country and event stage into the square. VIP access for you and your friends to all Gaslight District events, live sports, movies, and concerts from your own balcony! Located in the thriving Gaslight District, you'll have access to a wide array of restaurants, cafes, boutique shops, and community spaces, all just steps from your door. Whether you're out enjoying the vibrant nightlife or unwinding at home, this condo offers the perfect balance of convenience and comfort. The Gaslight Condo building offers exceptional amenities, including a state-of-the-art fitness studio, yoga room, games room, and a cozy library/study. Enjoy the beautifully landscaped communal terrace, featuring pergolas, fire pits, BBQ areas, and stunning views of Gaslight Square. With over 12,000 square feet of outdoor space, additional amenities include a party room with a bar/lounge, large TVs, ping pong, and a fully equipped wet bar and bistro seating. For your convenience, there's an indoor-outdoor yoga studio with change rooms, and a fitness studio with an outdoor terrace and additional facilities. Ideal for both homeowners and investors, this unit includes one underground parking spot. This is your opportunity to live in one of downtown Galt's most desirable locations, offering modern living and a dynamic lifestyle!

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Property Summary

This condo apartment located at 50 Grand Avenue, Cambridge is currently for sale and has been available on SousaSells for 619 days. This property is listed at $449,900 with an estimated mortgage of $1,498* per month. It has 1 bed, 1 bathroom, and is 600-699 square feet. 50 Grand Avenue, 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
  • 600-699 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
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 10, 2025
Sold price information is available to members only
Listed Date11/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete, Stone
BasementNone
CountyWaterloo
Annual Tax$3,260.25

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Hospital
  • Library
  • Place Of Worship
  • Public Transit
  • River/Stream

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 50 Grand Avenue, Unit 08, Cambridge, ON

Q.What is the asking price for 50 Grand Avenue, Unit 08, Cambridge, ON ?

The current listing price for 50 Grand Avenue, Unit 08, Cambridge, ON in Cambridge is $449,900.

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

This property features 1 bedroom and 1 bathroom across approximately 600-699 sqft.

Q.What property type and architectural style is 50 Grand Avenue, Unit 08, Cambridge, ON ?

50 Grand Avenue, Unit 08, Cambridge, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 50 Grand Avenue, Unit 08, Cambridge, ON offer?

Key property features include: Hospital, Library, Place Of Worship, Public Transit, River/Stream.

Q.What interior features are included in this home?

Interior highlights include: Other.

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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Location

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50 Grand Avenue, Unit 08, 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 50 Grand Avenue S 1008, Cambridge, ON N1S 0C2

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$134,970 (30.0%)
* Minimum Canadian down payment required for this price is $22,495.
Amortization Period30 Years
Estimated Monthly Payment$1,498Based on a loan of $314,930 over 30 years.
Purchase Price$449,900
Loan Amount$314,930
Provincial Land Transfer Tax:$5,473
Total Estimated Closing Taxes:$5,473

About Purchasing a Home in Cambridge, ON

For a property listed at $449,900 in Cambridge, the legal minimum down payment is $22,495 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 $5,473 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 $5,473.

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.