15 Glebe Street Unit 2007, Cambridge

Price: $684,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13684734

A Must See!. Immaculately Maintained 2 Bed Plus Den Corner Penthouse Unit with Unobstructed Views!. Located at Highly Sought After Gaslight District in Historic Downtown of Galt. Laminate Flooring Throughout. Open Concept. Filled with Natural Light From Floor to Ceiling Windows. Fully Upgraded Flooring, Kitchen and Washrooms. Enjoy Access to extensive Amenities Including a Secure Video Monitored Entrance, Fitness Area with Yoga and Pilates Studio, Game Room, Catering Kitchen, Private Dining Room, Library-Style Reading Area And an Lounge With an Outdoor Terrace Overlooking Gaslight Square

15 Glebe Street Unit 2007 - Condo photo 1 of 10 in Cambridge, Ontario
15 Glebe Street Unit 2007 - Condo photo 2 of 10 in Cambridge, Ontario
15 Glebe Street Unit 2007 - Condo photo 3 of 10 in Cambridge, Ontario
15 Glebe Street Unit 2007 - Condo photo 4 of 10 in Cambridge, Ontario
15 Glebe Street Unit 2007 - Condo photo 5 of 10 in Cambridge, Ontario
15 Glebe Street Unit 2007 - Condo photo 6 of 10 in Cambridge, Ontario
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15 Glebe Street Unit 2007 - Condo photo 8 of 10 in Cambridge, Ontario
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15 Glebe Street Unit 2007 - Condo photo 10 of 10 in Cambridge, Ontario
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$684,000 - 15 Glebe Street Unit 2007, Cambridge

Condo for Sale in Cambridge

New — Listed 6 days ago
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13684734
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Cambridge
Lot Size
1,050 sqft
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

A Must See!. Immaculately Maintained 2 Bed Plus Den Corner Penthouse Unit with Unobstructed Views!. Located at Highly Sought After Gaslight District in Historic Downtown of Galt. Laminate Flooring Throughout. Open Concept. Filled with Natural Light From Floor to Ceiling Windows. Fully Upgraded Flooring, Kitchen and Washrooms. Enjoy Access to extensive Amenities Including a Secure Video Monitored Entrance, Fitness Area with Yoga and Pilates Studio, Game Room, Catering Kitchen, Private Dining Room, Library-Style Reading Area And an Lounge With an Outdoor Terrace Overlooking Gaslight Square

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,509.27/mo

Includes CMHC insurance ($19,084)

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5-yr fixed avg.

Principal: $615,600Interest: $418,099
Mortgage Amount$634,684
Total Interest$418,099
Est. Property Tax$485/mo
Total Cost$1,052,782

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

15 Glebe Street Unit 2007, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$485
Insurance (est.)-$143
Net Cash Flow+$1,082

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 $684/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.

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 $2,850 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    15 Glebe Street Unit 2007, Cambridge | $684,000 | Battaglia Team