$619,900 - 50 Grand Avenue Unit 901, Cambridge
Condo for Sale in Cambridge
57 days on marketWant to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- X13662992
- Property Type
- Condo
- Status
- active
- Days on Site
- 57
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Cambridge
- Taxes (2025)
- $4,828
- Maintenance Fees
- $721/mo
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- CORCORAN HORIZON REALTY
Rare two-bedroom corner unit in the highly sought-after Gaslight District, located in the heart of historic Downtown Galt! This bright and modern two-bedroom, two-bathroom condo features nine-foot painted ceilings, wide-plank flooring, floor-to-ceiling windows, and a spacious balcony. The stylish kitchen offers quartz countertops, a tile backsplash, stainless steel appliances, ample cabinetry, and an oversized island with an undermount sink and gooseneck faucet. The primary bedroom features balcony access, built-in closet organizers, and a four-piece ensuite with dual sinks and a walk-in shower. The spacious second bedroom also includes built-in closet organizers and large windows. A second full bathroom and convenient in-suite laundry complete the space. Enjoy outstanding Gaslight District amenities including a fitness centre, yoga and Pilates studios, a games room, a reading lounge, and an expansive outdoor terrace with seating areas, pergolas, fire pits, and BBQ stations. Steps from dining, shops, trails, entertainment, and everything Downtown Galt has to offer!
Estimate your monthly payments for this property
Estimated Payment
$3,180.41/mo
Includes CMHC insurance ($17,295)
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.
50 Grand Avenue Unit 901, 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 $620/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 57 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. The $721/month fees should cover building insurance, common elements, and reserve contributions.
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 $2,583 (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.