170 Water Street Unit 1207, Cambridge

Price: $415,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: X13411206

Not your typical condo layout, this expansive, bright and airy penthouse condo feels so spacious with its wide open layout, 10 ft ceilings andfantastic city view of historic Galt from its many windows. Plenty of space to spread out in this one bedroom plus den with lots of extra storagespace in the laundry room and two extra closets. Comes with a parking spot and storage locker. The building boasts a guest room, party room,shared barbecue, rooftop patio, top floor gym with views, a secondary terraced outdoor space and common area lounge where you can enjoy thebeautiful grand river views. Water, heat and AC are included in the condo fees.

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active
New Listing
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$415,000 - 170 Water Street Unit 1207, Cambridge

Condo for Sale in Cambridge

New — Listed 7 days ago
2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
X13411206
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Cambridge
Locker
Exclusive
Exposure
East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE REALTY PLUS OAKVILLE
Description

Not your typical condo layout, this expansive, bright and airy penthouse condo feels so spacious with its wide open layout, 10 ft ceilings andfantastic city view of historic Galt from its many windows. Plenty of space to spread out in this one bedroom plus den with lots of extra storagespace in the laundry room and two extra closets. Comes with a parking spot and storage locker. The building boasts a guest room, party room,shared barbecue, rooftop patio, top floor gym with views, a secondary terraced outdoor space and common area lounge where you can enjoy thebeautiful grand river views. Water, heat and AC are included in the condo fees.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,129.17/mo

Includes CMHC insurance ($11,579)

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5-yr fixed avg.

Principal: $373,500Interest: $253,671
Mortgage Amount$385,079
Total Interest$253,671
Est. Property Tax$294/mo
Total Cost$638,750

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

170 Water Street Unit 1207, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$294
Insurance (est.)-$86
Net Cash Flow+$1,365

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 $593/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Cambridge's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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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    170 Water Street Unit 1207, Cam… — $415,000 | Battaglia Team