50 Grand Avenue, Unit 07, Cambridge, ON
Property no longer active
This property was sold on January 22, 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 $449,999 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: Other
- equipped with central air central cooling and highly efficient heat pump heating via electric
Description
Spacious 1 bed, 1 bath, 711 square foot condo with underground parking is located in the chic Gaslight District of Cambridge, surrounded by trendy restaurants, shopping, entertainment and steps to the expansive Grand River. This 2022 condo offers a large walk-in closet, eat-in kitchen including island/built-in table for dining, quartz countertops, stainless steel appliances, wide plank flooring and an additional 143 sq ft balcony with beautiful views overlooking the city and river. The one-of-a-kind building offers an expansive lobby with plenty of seating to relax. The modern fitness centre includes a yoga and pilates studio. Games room, catering kitchen with large private dining room, and expansive outdoor terrace with pergolas, fire pits, and BBQ area overlooking Gaslight Square. Walking distance of the Hamilton Family Theatre, farmer's market, Cambridge Centre for the Arts, the prestigious University of Waterloo School of Architecture, and scenic walking trails.
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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 603 days. This property is listed at $449,999 with an estimated mortgage of $1,498* per month. It has 1 bed, 1 bathroom, and is 700-799 square feet. 50 Grand Avenue, Cambridge
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Cambridge.
- •1 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-799 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Place Of Worship
- Public Transit
- River/Stream
- School
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 50 Grand Avenue, Unit 07, Cambridge, ON
Q.What is the asking price for 50 Grand Avenue, Unit 07, Cambridge, ON ?
The current listing price for 50 Grand Avenue, Unit 07, Cambridge, ON in Cambridge is $449,999.
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 50 Grand Avenue, Unit 07, Cambridge, ON ?
50 Grand Avenue, Unit 07, Cambridge, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What key property features does 50 Grand Avenue, Unit 07, Cambridge, ON offer?
Key property features include: Place Of Worship, Public Transit, River/Stream, School.
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 Electric and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 50 Grand Avenue S 1107, Cambridge, ON N1S 0C2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cambridge, ON
For a property listed at $449,999 in Cambridge, the legal minimum down payment is $22,500 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 $5,475 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 $5,475.
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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.