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Property Type: Condo / ApartmentOwnership: Condominium
1511 - 15 GLEBE STREET
Cambridge, ON N1S0C3
MLS® X13130566
$551,327
2 bed2 bath1 parking
Amenities
ConciergeVisitor Parking
Also listed: Recreation Centre, Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
FC1RM1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $628/mo
- Annual property tax
- $4,190 (2026)
Maintenance Fee Includes
Heat
Also included: Common Area Maintenance, Insurance
Interior
- Basement
- None
- Heating
- Heat Pump, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | — |
| Living room | Main level | — |
| Bedroom | Main level | — |
| Bedroom 2 | Main level | — |
Description
Modern and refined, this 2-bedroom, 2-bathroom condo offers 1,007 sq ft of well-designed living space in Cambridge's highly sought-after Gaslight District - the city's premier hub for dining, entertainment, and culture. The bright, open-concept layout features 9-foot ceilings, a contemporary kitchen, and expansive windows that fill the space with natural light. The primary bedroom includes a walk-in closet, while in-suite laundry adds everyday convenience. Enjoy a generous private balcony, accessible from both the living room and bedroom, showcasing panoramic views of the Grand River, Gaslight Square, and the surrounding cityscape. This unit also includes an underground parking space. Residents of Gaslight Condos have access to an exceptional array of amenities, including a state-of-the-art fitness centre, games room, study and library area, and an outdoor terrace with pergolas, fire pits, and BBQ areas overlooking the vibrant square below. Ideally located in one of Cambridge's most dynamic communities, this condo offers a perfect balance of modern comfort and urban living. (id:63159)
Listing Information
- MLS®
- X13130566
- Tax assessment year
- 2026
- Data last synced
- September 15, 2026
CORCORAN HORIZON REALTY
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: CORCORAN HORIZON REALTY
MLS® Number: X13130566
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Cambridge average
$480/sqft
81 active listing(s)
Parking: 1 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
139,163
(2021 Census)
+6.6% since 2016
Density:
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Mortgage & Ownership Cost Calculator
Minimum required: 5.5% ($30,133) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$441,062.00
Periodic payment — Principal & Interest (monthly)$2,845.58
Additional monthly expenses (condo fees, tax, utilities, etc.)$977.55
Total monthly cost$3,823.13
Interest paid over 5-yr term$126,409.64
Balance at end of term$396,736.70
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$30,133
Stress test qualifying rate8.19%
Payment you must qualify for$4,041.21
Cash Needed at Closing
Minimum down payment$30,133
Estimated Land Transfer Tax (LTT)$7,502
Legal / closing costs (typical estimate)$1,500
Total cash needed$39,134
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
