$649,557 - 15 Glebe Street Unit 1701, Cambridge
Condo for Sale in Cambridge
- MLS Number
- X13136750
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Cambridge
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- CORCORAN HORIZON REALTY
Located in the heart of historic downtown Galt, this beautiful condo is part of the vibrant Gaslight District-a new center for residential, commercial, retail, dining, art, and culture. Here, life, work, and leisure come together to create an unparalleled living experience. This impressive unit has nine-foot painted ceilings, wide-plank light flooring, and premium finishes throughout. The spacious kitchen features modern cabinetry with designer hardware, quartz countertops, a tile backsplash, an oversized island with an under-mount sink and gooseneck faucet, and stainless steel appliances. The open-concept design flows seamlessly from the kitchen into a generous living and dining area, ideal for entertaining. Floor-to-ceiling windows and access to a large balcony let natural light flood the space. The primary suite offers his & her closets, glass doors leading to the balcony, and a luxurious four-piece ensuite with dual sinks and a walk-in shower. A second bedroom with floor-to-ceiling windows, a four-piece bath with a tub and shower combo, and in-suite laundry complete this premium unit. This condo also includes one owned parking space for your convenience. Residents enjoy access to an array of amenities, including a welcoming lobby with seating, secure video-monitored entry, a fitness area with a spacious yoga and Pilates studio, a games room with billiards, ping-pong, and a large TV, a catering kitchen, a private dining room, and a cozy library. The lounge opens onto a spacious outdoor terrace overlooking Gaslight Square, featuring multiple seating areas, pergolas, fire pits, and a BBQ area for outdoor relaxation.
Estimate your monthly payments for this property
Estimated Payment
$3,332.56/mo
Includes CMHC insurance ($18,123)
5-yr fixed avg.
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.
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
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.
15 Glebe Street Unit 1701, Cambridge
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $650/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.
Market Position
At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 $2,706 (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.