$1,299,900 - 170 Water Street Unit UPH4, Cambridge
Condo for Sale in Cambridge
110 days on market- MLS Number
- X12812650
- Property Type
- Condo
- Status
- active
- Days on Site
- 110
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 2,750 sqft
- Neighbourhood
- Cambridge
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- CORCORAN HORIZON REALTY
This One-of-a-Kind Luxury Penthouse was custom designed to create nearly 3,000 sq. ft. of refined living space, offering the perfect blend of elegance, comfort, and Panoramic River Views. Every window frames a breathtaking view of the river, and a full-length terrace with multiple walkouts provides a front-row seat to spectacular sunsets. The expansive and light-filled living room features a gas fireplace, seamlessly flowing into a grand dining area perfect for hosting a dinner party or large family gathering. The chefs kitchen is beautifully renovated and thoughtfully designed, with seating for five and overlooks the family room. A separate den offers the ideal space for a home office, home theatre, or additional third bedroom. Perfect for entertainers, the butlers pantry includes its own entrance, doubling as a service or catering kitchen for seamless hosting. The primary suite is tucked away in its own private wing, showcasing luxurious penthouse glamour with floor-to-ceiling windows and a walkout to the terrace. A spacious walk-in closet functions as a full dressing room complete with a center island. The show-stopping ensuite features a soaking tub positioned to take in the sweeping river views. The second bedroom is generously sized and includes its own ensuite bath, offering comfort and privacy for guests or family. With two underground parking spaces and two private locker rooms, this is elevated condo living without compromise. Set in the heart of historic Galt, you're just steps away from riverfront trails, fine dining at Cambridge Mill or Langdon Hall, the local farmer's market, and the vibrant Gaslight District. A rare opportunity to live large in one of the regions most desirable settings.
Estimate your monthly payments for this property
Estimated Payment
$5,749.90/mo
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 UPH4, 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 $473/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 110 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.
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.
Larger Home Realities
At 2,750 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $5,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.