15 Glebe Street Unit 1310, Cambridge

Price: $639,998

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X12560682

Experience luxury condo living in this stunning 2-bedroom, 2-bath suite located in the highly sought-after tower of the vibrant Gaslight District, just steps from the Grand River. This beautifully designed unit features floor-to-ceiling windows with unforgettable sunset views, a spacious modern kitchen with upgraded stainless steel appliances, a large quartz island, and the convenience of an in-unit washer and dryer. The primary bedroom offers true comfort with his-and-hers closets and a spa-like ensuite complete with double sinks and a walk-in shower. Step out onto your private balcony to enjoy serene, unobstructed views. One parking spot is included for added convenience. Residents enjoy an unmatched lifestyle with access to a state-of-the-art fitness and yoga studio, games room, stylish lounges, coworking spaces, party room with bar, and multiple outdoor terraces overlooking Gaslight Square-complete with fire pits, pergolas, and BBQ areas. Outside your door await riverfront trails, charming cafés, local shops, weekend farmers markets, and the district's exciting restaurants, bars, and brewery. This is your chance to live in one of the city's most energetic and desirable communities-book your private showing today!

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$639,998 - 15 Glebe Street Unit 1310, Cambridge

Condo for Sale in Cambridge

108 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X12560682
Property Type
Condo
Status
active
Days on Site
108
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Cambridge
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Experience luxury condo living in this stunning 2-bedroom, 2-bath suite located in the highly sought-after tower of the vibrant Gaslight District, just steps from the Grand River. This beautifully designed unit features floor-to-ceiling windows with unforgettable sunset views, a spacious modern kitchen with upgraded stainless steel appliances, a large quartz island, and the convenience of an in-unit washer and dryer. The primary bedroom offers true comfort with his-and-hers closets and a spa-like ensuite complete with double sinks and a walk-in shower. Step out onto your private balcony to enjoy serene, unobstructed views. One parking spot is included for added convenience. Residents enjoy an unmatched lifestyle with access to a state-of-the-art fitness and yoga studio, games room, stylish lounges, coworking spaces, party room with bar, and multiple outdoor terraces overlooking Gaslight Square-complete with fire pits, pergolas, and BBQ areas. Outside your door await riverfront trails, charming cafés, local shops, weekend farmers markets, and the district's exciting restaurants, bars, and brewery. This is your chance to live in one of the city's most energetic and desirable communities-book your private showing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,283.52/mo

Includes CMHC insurance ($17,856)

$
$
5%10%50%

5-yr fixed avg.

Principal: $575,998Interest: $391,202
Mortgage Amount$593,854
Total Interest$391,202
Est. Property Tax$453/mo
Total Cost$985,056

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Cambridge

Discover Cambridge

Cambridge is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Cambridge

  • Convenient location in Cambridge
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Cambridge offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

15 Glebe Street Unit 1310, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$453
Insurance (est.)-$133
Net Cash Flow+$1,124

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $640/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 108 days on site, this property has exceeded the typical selling timeline for Cambridge. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Investment Perspective

Looking at this as an investment: Cambridge properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,667 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    15 Glebe Street Unit 1310, Cambridge | $639,998 | Battaglia Team