$349,900 - 150 Water Street Unit 601, Cambridge
Condo for Sale in Cambridge
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- MLS Number
- X13870248
- Property Type
- Condo
- Status
- active
- Days on Site
- 0
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Cambridge
- Taxes (2026)
- $3,644
- Maintenance Fees
- $639/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- Red And White Realty Inc
WELCOME TO 150 WATER STREET NORTH UNIT 601! This desirable condo is in the heart of downtown Cambridge along the Grand River. Step into the modern, open concept layout, featuring a high-end kitchen with granite counters, built in stainless steel appliances, and spacious breakfast bar. The stylish living room includes a rustic accent wall with a walkout to the balcony with views of the Grand River. Just off of the living room is your master bedroom with a large floor to ceiling window allowing for lots of natural light. The condo also offers a bright 4 piece bathroom and in-suite laundry. Unit includes 1 Underground Parking Space & 1 Surface Parking Space (Currently being rented out). The building amenities include an exercise room, party room and visitor parking. Nestled near the vibrant Gaslight District, charming restaurants, and the Mill of Cambridge, you'll also have immediate access to the scenic waterfront trail which leads to the Paris trail system. Within minutes to the city core of Galt, schools, shopping, restaurants and much more for you to enjoy! Don't miss this opportunity. Book your showing today!
Estimate your monthly payments for this property
Estimated Payment
$1,795.17/mo
Includes CMHC insurance ($9,762)
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.
150 Water Street Unit 601, 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 $583/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. The $639/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 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.