$419,900 - 170 Water Street Unit 405, Cambridge
Condo for Sale in Cambridge
New — Listed 5 days ago- MLS Number
- X13241542
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Cambridge
- Locker
- Owned
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
MILLION DOLLAR VIEW of the majestic Grand River and the scenery! Stunning, corner unit 1 bedroom plus den, 1 bathroom located on the 4th floor at the sought after Waterscape building in the preferred Cambridge downtown Galt district. Southwestern exposure allows sun throughout the day and spectacular evening sunsets. Relax on the private terrace, large enough for outdoor dining & lounging and enjoying 180 degree view of the calm water of the picturesque Grand River. This beautiful condo offers 9' ceilings, open floor plan including Living Room with large windows and sliding doors, den spacious enough to accommodate a dining table with chairs, spacious kitchen with peninsula, upper cabinetry extended to the ceiling for extra storage, granite countertops and 4 Stainless Steel appliances. The bedroom has a large double closet and large window with river view. There is insuite laundry, stackable washer/dryer new in 2024, carpet-free floors throughout. The unit comes with 1 underground parking space and storage locker. Impressive amenities at Waterscape include: roof top lounge, fantastic fitness facility with panoramic views, party room, guest suite, media room and surrounding gardens. Enjoy urban style living just steps away from walking trails by the river, public transit, trendy shops, cafes, restaurants, historic downtown including Farmers Market, Cambridge Mill, library, theatres, events at the Gaslight District. 10 minutes to the 401. Great opportunity for young professionals, investors or those looking to downsize in style!
Estimate your monthly payments for this property
Estimated Payment
$2,154.30/mo
Includes CMHC insurance ($11,715)
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.
170 Water Street Unit 405, 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 $600/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.