85 Spruce Street, Unit 205, Cambridge, ON
Property no longer active
This property was sold on November 30, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,900 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 2 Bathrooms
- Generous living space spanning 900-999 sqft
- 1.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Spruce Street Lofts, where historic charm meets modern living. This stunning converted textile factory offers a unique loft-style experience, boasting over 900 square feet of beautifully designed living space. Soaring 13-foot ceilings with exposed beams and oversized windows flood the space with natural light, enhancing the lofts light and bright feeling. Industrial concrete floors and exposed brick walls bring character and style to every corner of your new home. What truly sets this unit apart is its unmatched privacy and thoughtful layout. The spacious primary suite includes a private ensuite bathroom, separate from the additional powder room, offering comfort and convenience for both you and your guests. Additional perks include in-suite laundry, a cozy enclosed balcony, visitor parking, and ample street parking. Plus, a covered parking space ensures you stay warmer during those chilly Canadian winters. Nature is just steps from your door, with parks and green spaces perfect for relaxing or walking your pets. Come see for yourself and discover why this unique space feels just like home.
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Property Summary
This condo apartment located at 85 Spruce Street, Cambridge is currently for sale and has been available on SousaSells for 686 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 1 bed, 2 bathrooms, and is 900-999 square feet. 85 Spruce Street, 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
- •2 well-appointed bathrooms
- •900-999 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
- Arts Centre
- Library
- Place Of Worship
- Public Transit
- Park
- River/Stream
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 85 Spruce Street, Unit 205, Cambridge, ON
Q.What is the asking price for 85 Spruce Street, Unit 205, Cambridge, ON ?
The current listing price for 85 Spruce Street, Unit 205, Cambridge, ON in Cambridge is $499,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 2 bathrooms across approximately 900-999 sqft.
Q.What property type and architectural style is 85 Spruce Street, Unit 205, Cambridge, ON ?
85 Spruce Street, Unit 205, Cambridge, ON is a Condo Apartment (Loft) featuring a None basement.
Q.What key property features does 85 Spruce Street, Unit 205, Cambridge, ON offer?
Key property features include: Arts Centre, Library, Place Of Worship, Public Transit, Park, River/Stream.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Attached).
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 85 Spruce Street 205, Cambridge, ON N1R 4K4
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 $499,900 in Cambridge, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.
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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.