50 Grand Avenue, Unit 07, Cambridge, ON
Property no longer active
This property was sold on October 8, 2024. 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 $509,900 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 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 gas
Description
Step onto the expansive 575 sq. ft. terrace, a rare and one-of-a-kind extension of your condo, providing the ideal outdoor space for entertaining or unwinding in a backyard-like atmosphere. This remarkable 711 sq ft, one-bedroom layout is the largest at Gaslight, nestled on the quiet side of the building in the heart of beautiful West Galt. Located on the 6th floor at 607-50 Grand Ave S, this condo has breathtaking views of the city and Grand River, all within the vibrant Gas Light District. Inside, the home features a stylish eat-in kitchen with a central island, quartz countertops, and stainless steel appliances, seamlessly connected to the inviting living room. The generously sized bedroom is complemented by a large walk-in closet and convenient sliding glass door access to the terrace. The bathroom is thoughtfully designed with a Jack and Jill door for ease of access and includes a tiled shower and bath combo. Additional storage is available with a large hallway closet and a locker. Enjoy a range of building amenities including a catering kitchen, a spacious dining area, and a VIP lounge leading to a beautiful rooftop terrace overlooking Gaslight Square. Fitness enthusiasts will appreciate the yoga studio and fitness area, while leisure seekers can enjoy billiards, pool tables, outdoor terraces with BBQ spots, and cozy fire pits. Conveniently situated within walking distance of the Hamilton Family Theatre, the bustling farmer's market, the Cambridge Centre for the Arts, and the prestigious University of Waterloo School of Architecture, this condo provides easy access to cultural attractions, dining options, and scenic walking trails along the Grand River. The unit also includes a prime underground parking space for added convenience! Book your tour today!
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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 695 days. This property is listed at $509,900 with an estimated mortgage of $1,697* 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
- Electric Car Charger
- Hospital
- Park
- Place Of Worship
- River/Stream
- Public Transit
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 $509,900.
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: Electric Car Charger, Hospital, Park, Place Of Worship, River/Stream, Public Transit.
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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Pricing & Value Insights
Data-driven valuation for 50 Grand Avenue S 607, 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 $509,900 in Cambridge, the legal minimum down payment is $25,990 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 $6,673 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 $6,673.
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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.