$468,000 - 150 Water Street Unit 1007, Cambridge
Condo for Sale in Cambridge
- MLS Number
- X13155346
- Property Type
- Condo
- Status
- active
- Days on Site
- 23
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Cambridge
- Locker
- Exclusive
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE WOLLE REALTY
Condo living with the "BEST VIEW"! At its finest, this pristine corner unit in the heart of historic Downtown Galt, offers uninterrupted views of the scenic Grand River. Rarely offered, this suite includes another 140 sq.ft. of private outdoor DOUBLE LENGTH balcony space-ideal for enjoying both sunrises and sunsets over the water and downtown skyline. The open-concept layout allows natural light to flood the space through dramatic floor-to-ceiling windows. This 2-bedroom, 2-bathroom, plus den is completely carpet-free, complete with granite countertops. Enjoy the convenience of in-suite laundry, stainless steel appliances and the bonus of a Den/Office area. This Condo has been freshly painted, allowing for an easy move-in, and shows immaculately. Several photos have been virtually staged to help provide a better visual. Included is one underground parking spot, a private storage locker, and plenty of visitor parking. Residents have access to an array of amenities, including a fully equipped fitness centre, a stylish social lounge, a guest suite, and an expansive outdoor terrace complete with gas BBQs right alongside the Grand River. Built in 2015, The Grand Condominiums place you steps away from everything-boutique shops, gourmet coffee, local restaurants, art galleries, live theatre, weekend markets, and the scenic Trans Canada Trail. Commuters will love the quick access to the 401,Hwy 8, and Hwy7/8, as well as excellent transit options.
Estimate your monthly payments for this property
Estimated Payment
$2,401.08/mo
Includes CMHC insurance ($13,057)
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.
150 Water Street Unit 1007, 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 $585/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 23 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 800 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.