50 Grand Avenue, Unit 12, Cambridge, ON

$639,000
MLS#:X12035884
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
50 S Grand Avenue S 1012, Cambridge, ON N1S 0C2
⚠️

Property no longer active

This property was sold on May 28, 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 construction, this residence presents an exceptional opportunity offered at $639,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Built-In Oven, Carpet Free
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Bright and Spacious 2 bedroom, 2 bathroom condo in Gaslight District. Boasting impeccable views of Grand River and the city of Cambridge, this unit offers a luxurious and modern living experience. The open concept living space features floor-to-ceiling windows that flood the home with natural light and offer panoramic views of the surrounding area. The kitchen is equipped with high-end stainless steel appliances, quartz countertops, and sleek cabinetry. The spacious master bedroom includes an enormous walk-in closet and a luxurious ensuite bathroom with a double vanity and a glass-enclosed shower. Residents of Gaslight enjoy an array of premium amenities, including a stylish lobby, secure video-monitored entry, a state-of-the-art fitness center with yoga and Pilates studios, and a game room with billiards, ping-pong, and a large TV. Experience the best of modern living in one of Cambridge's most exciting communities!

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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 502 days. This property is listed at $639,000 with an estimated mortgage of $2,127* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 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?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cambridge.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1000-1199 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
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 28, 2025
Sold price information is available to members only
Listed Date3/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyWaterloo
Annual Tax$4,467.24

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

  • Park
  • Wooded/Treed

Interior Features

  • Built-In Oven
  • Carpet Free

Security Features

  • Concierge/Security
  • Security System

Community Features

None listed

Frequently Asked Questions about 50 Grand Avenue, Unit 12, Cambridge, ON

Q.What is the asking price for 50 Grand Avenue, Unit 12, Cambridge, ON ?

The current listing price for 50 Grand Avenue, Unit 12, Cambridge, ON in Cambridge is $639,000.

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

This property features 2 bedrooms and 2 bathrooms across approximately 1000-1199 sqft.

Q.What property type and architectural style is 50 Grand Avenue, Unit 12, Cambridge, ON ?

50 Grand Avenue, Unit 12, Cambridge, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 50 Grand Avenue, Unit 12, Cambridge, ON offer?

Key property features include: Park, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Built-In Oven, Carpet Free.

Q.What security features are installed at 50 Grand Avenue, Unit 12, Cambridge, ON ?

Security features include: Concierge/Security, Security System.

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 12, 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 S Grand Avenue S 1012, 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$191,700 (30.0%)
* Minimum Canadian down payment required for this price is $38,900.
Amortization Period30 Years
Estimated Monthly Payment$2,127Based on a loan of $447,300 over 30 years.
Purchase Price$639,000
Loan Amount$447,300
Provincial Land Transfer Tax:$9,255
Total Estimated Closing Taxes:$9,255

About Purchasing a Home in Cambridge, ON

For a property listed at $639,000 in Cambridge, the legal minimum down payment is $38,900 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 $9,255 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 $9,255.

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.