$479,900 - 19 Guelph Avenue Unit 401, Cambridge
Condo for Sale in Cambridge
70 days on market- MLS Number
- X12985630
- Property Type
- Condo
- Status
- active
- Days on Site
- 70
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Cambridge
- Locker
- None
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- Red And White Realty Inc
Welcome to Riverbank Lofts, one of Cambridge's most iconic and architecturally rich residences where historic industrial character meets refined, modern luxury along the banks of the Speed River. Set within the landmark former American Standard factory, thoughtfully transformed in 2020, this boutique building offers a truly unique ownership opportunity in the heart of downtown Hespeler, just steps to charming cafés, restaurants, trails, and vibrant community life. This exceptional one-bedroom residence is defined by its dramatic scale and design. Soaring 12-foot ceilings and striking floor-to-ceiling windows create an airy, light-filled space, while exposed stone walls and reclaimed wood beams add warmth, texture, and unmistakable character rarely found in today's market. The open concept living space is both elegant and functional, seamlessly connecting to a beautifully appointed kitchen featuring quartz countertops, stainless steel appliances, and an oversized island with breakfast bar ideal for entertaining or relaxed everyday living. Step out to your private balcony and take in the charm of downtown Hespeler, a perfect extension of your living space. The spacious bedroom offers a serene retreat, complete with a generous walk in closet, while in suite laundry and thoughtfully designed finishes throughout enhance comfort and convenience. Residents of Riverbank Lofts enjoy access to an impressive collection of amenities, including a fully equipped fitness centre, multiple lounges, bike storage, and a dedicated dog wash station curated to support a sophisticated, low maintenance lifestyle. Complete with an owned parking space and ideally located just minutes to Highway 401, this residence offers the perfect balance of tranquility, connectivity, and urban convenience. A rare opportunity to own a piece of Hespeler's history reimagined for modern living. Builder floor plans 831 sq. ft plus balcony 40 sq. ft, laser exterior 805.11 sq. ft. interior 648.65 sq. ft.
Estimate your monthly payments for this property
Estimated Payment
$2,462.14/mo
Includes CMHC insurance ($13,389)
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.
19 Guelph Avenue Unit 401, 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 $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.
Negotiation Opportunity
At 70 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.
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.