$574,900 - 15 Glebe Street Unit 802, Cambridge
New Construction for Sale in Cambridge
54 days on market- MLS Number
- X13021902
- Property Type
- New Construction
- Status
- active
- Days on Site
- 54
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Cambridge
- Locker
- None
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- CORCORAN HORIZON REALTY
Unit 802 at 15 Glebe Street is a beautiful fully furnished 2-bedroom, 2-bathroom condo in the heart of Cambridge's Gaslight District, offering 1,126 sq. ft. of comfortable living space with views of the city. The open-concept layout is complemented by 9-foot ceilings that give the space a bright, generous feel throughout. The kitchen and dining area feature shaker-style cabinetry, quartz countertops, a tasteful backsplash, and upgraded appliances. Light flooring runs through the entire unit, large windows ensure excellent natural light, and in-suite laundry adds a practical touch of everyday convenience. The balcony is a standout feature, accessible from both the kitchen and the primary bedroom, and offers sweeping panoramic views of Cambridge that are equally enjoyable morning or evening. An underground parking space is included with the unit. Building amenities are extensive and well considered, including a fitness centre, games room, study and library, and a beautifully appointed outdoor terrace with pergolas, fire pits, and BBQ areas overlooking Gaslight Square. These are shared spaces that genuinely enhance day-to-day living. For buyers looking for quality finishes, thoughtful design, and a vibrant neighbourhood, Unit 802 delivers.
Estimate your monthly payments for this property
Estimated Payment
$2,949.53/mo
Includes CMHC insurance ($16,040)
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 802, Cambridge
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $575/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 54 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.
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 $2,395 (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.