50 Grand Avenue, Cambridge, ON

$509,900
MLS#:X9311222
1 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium concrete and stone construction, this residence presents an exceptional opportunity offered at $509,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 700-799 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with ["central air"] central cooling and highly efficient heat pump heating via gas

Step onto the expansive 575 sq. ft. terrace, a rare and one-of-a-kind extension of your condo, providing the ideal outdoor space for entertaining or unwinding in a backyard-like atmosphere. This remarkable 711 sq ft, one-bedroom layout is the largest at Gaslight, nestled on the quiet side of the building in the heart of beautiful West Galt. Located on the 6th floor at 607-50 Grand Ave S, this condo has breathtaking views of the city and Grand River, all within the vibrant Gas Light District. Inside, the home features a stylish eat-in kitchen with a central island, quartz countertops, and stainless steel appliances, seamlessly connected to the inviting living room. The generously sized bedroom is complemented by a large walk-in closet and convenient sliding glass door access to the terrace. The bathroom is thoughtfully designed with a Jack and Jill door for ease of access and includes a tiled shower and bath combo. Additional storage is available with a large hallway closet and a locker. Enjoy a range of building amenities including a catering kitchen, a spacious dining area, and a VIP lounge leading to a beautiful rooftop terrace overlooking Gaslight Square. Fitness enthusiasts will appreciate the yoga studio and fitness area, while leisure seekers can enjoy billiards, pool tables, outdoor terraces with BBQ spots, and cozy fire pits. Conveniently situated within walking distance of the Hamilton Family Theatre, the bustling farmer's market, the Cambridge Centre for the Arts, and the prestigious University of Waterloo School of Architecture, this condo provides easy access to cultural attractions, dining options, and scenic walking trails along the Grand River. The unit also includes a prime underground parking space for added convenience! Book your tour today!

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 8, 2024
Sold price information is available to members only
Listed Date9/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete, Stone
BasementNone
CountyWaterloo
Annual Tax$3,468.35

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Electric Car Charger, Hospital, Park, Place Of Worship, River/Stream, Public Transit

Interior Features

Other

Security Features

Community Features

Location

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50 Grand Avenue, Cambridge, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 50 Grand Avenue S 607, Cambridge, ON N1S 0C2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$407,920
Monthly Mortgage$2,370
Property Tax (Est.)$289
Utilities & Maint.$350
Total Monthly Cost$3,009

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Cambridge.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cambridge.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$781,639

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Elgin Street
Public685 Elgin Street North, Cambridge, Ontario, N1R 7W6
6.2
Avenue Road
Public40 Gail Street, Cambridge, Ontario, N1R 4M2
3.3
Christ The King
Public70 Acorn Way, Cambridge, Ontario, N1R 8M5
3.1
St Peter
Public92 Avenue Road, Cambridge, Ontario, N1R 1C1
5.6
Manchester
Public455 Dundas Street North, Galt, Cambridge, Ontario, N1R 5R5
4.7

Secondary Schools

Galt
Public200 Water Street North, Galt, Cambridge, Ontario, N1R 6V2
5.9
St. Benedict
Catholic50 Saginaw Parkway, Cambridge, Ontario, N1R 5W1
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.