$2,300/mo - 32 Water Street Unit 201, Cambridge
Townhouse for Rent in Cambridge
- MLS Number
- X13602454
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 30
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Welcome to this beautiful water front, located at 26 Water Street N. in the heart of historic downtown Galt, Cambridge. This unique heritage building blends early 20th-century industrial charm with modern loft-style living. Step inside to soaring ceilings, oversized windows, and open-concept layouts that flood with natural light.Carefully restored and thoughtfully updated, these water front unit feature modern kitchens and contemporary finishes that highlight the character of the original structure. Located in front of the Grand River, trendy cafes, art galleries, and boutique shopping, this Lofts offers both convenience and culture. With easy access to trails, transit, and key commuting routes, this location is ideal for professionals, creatives, and those looking for a vibrant urban lifestyle with a touch of history.- Beautiful water front view and balcony-Parking passes to be purchased through the City of Cambridge for any of their downtown lots-Two bedrooms plus Den, open-concept layouts with high ceilings and large windows-Modern kitchens with quartz countertops and stainless-steel appliances-In-suite laundry and secure building access-Walkable to shops, restaurants, and the Gaslight District-Easy access to Highway 401 and public transit- Heat and hydro are extra- Water in included
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.
32 Water Street Unit 201, Cambridge
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $2,300/mo, this is priced below the typical 3-bedroom rent of ~$3,500/mo in Cambridge. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 30 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Cambridge have shown strong appreciation as families seek more space.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.