150 Water St N Street, Cambridge

Price: $444,000

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: X13169458

Wake up to the Grand River. Suite 304 at The Grand is one of Cambridge's rare waterfront condominiums, a thoughtfully designed suite with direct views of the river and immediate access to the Galt boardwalk, one of the most scenic urban walking corridors in Southwestern Ontario.The open-concept layout is flooded with natural light, with a kitchen that flows effortlessly into the living and dining areas. Step outside the building and you're on the boardwalk. Upstairs, the building's rooftop terrace delivers spectacular panoramic views of the Grand River, the kind of setting that doesn't exist at this price point anywhere else in Cambridge.The building's amenities punch above its weight: a beautifully appointed party room for entertaining, the terrace for sunset gatherings, and one underground parking space that keeps your vehicle secure year-round. Condo fees cover heat, water, air conditioning, building insurance, parking, and all common elements - making monthly costs genuinely predictable.Located in the Galt core, you're steps from acclaimed independent restaurants, cafés, boutique shops, and a cultural scene that's drawing increasing attention from buyers priced out of Kitchener-Waterloo. Highway 401 is minutes away.

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$444,000 - 150 Water St N Street, Cambridge

Condo for Sale in Cambridge

1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
X13169458
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Cambridge
Locker
Owned
Exposure
South
Balcony
Enclosed
Listing Brokerage
HOMETON INC
Description

Wake up to the Grand River. Suite 304 at The Grand is one of Cambridge's rare waterfront condominiums, a thoughtfully designed suite with direct views of the river and immediate access to the Galt boardwalk, one of the most scenic urban walking corridors in Southwestern Ontario.The open-concept layout is flooded with natural light, with a kitchen that flows effortlessly into the living and dining areas. Step outside the building and you're on the boardwalk. Upstairs, the building's rooftop terrace delivers spectacular panoramic views of the Grand River, the kind of setting that doesn't exist at this price point anywhere else in Cambridge.The building's amenities punch above its weight: a beautifully appointed party room for entertaining, the terrace for sunset gatherings, and one underground parking space that keeps your vehicle secure year-round. Condo fees cover heat, water, air conditioning, building insurance, parking, and all common elements - making monthly costs genuinely predictable.Located in the Galt core, you're steps from acclaimed independent restaurants, cafés, boutique shops, and a cultural scene that's drawing increasing attention from buyers priced out of Kitchener-Waterloo. Highway 401 is minutes away.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,277.95/mo

Includes CMHC insurance ($12,388)

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5-yr fixed avg.

Principal: $399,600Interest: $271,397
Mortgage Amount$411,988
Total Interest$271,397
Est. Property Tax$315/mo
Total Cost$683,385

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

150 Water St N Street, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$315
Insurance (est.)-$93
Net Cash Flow+$937

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 $634/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 19 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    150 Water St N Street, Cambridge — $444,000 | Battaglia Team