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Property Type: Condo / ApartmentOwnership: Condominium
50 GRAND Avenue S Unit# 1311
Cambridge, ON N1S0C2
MLS® 40861810
$539,500
2 bed2 bath1 parking1,007 sqftBuilt 2023
Amenities
Gym
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
C1RM1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $628/mo
- Annual property tax
- $4,700
Maintenance Fee Includes
Management
Also included: Landscaping, Insurance
Interior
- Basement
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Ensuite bath | Main level | 5'0'' x 11'0'' |
| Laundry room | Main level | 3'6'' x 6'0'' |
| 4pc Bathroom | Main level | 6'0'' x 9'6'' |
| Bedroom | Main level | 10'0'' x 13'0'' |
| Primary Bedroom | Main level | 9'6'' x 17'0'' |
| Living room | Main level | 11'0'' x 13'6'' |
| Eat in kitchen | Main level | 11'0'' x 13'0'' |
Description
**The sellers will consider a trade for a 3 bedroom detached home with a garage in Cambridge.** Embrace the ultimate lock-and-leave lifestyle at the Gaslight District! This stylish 2-bedroom, 2-bathroom condo offers an incredible opportunity to enjoy modern luxury and vibrant urban living. Inside, you'll find a bright, open-concept layout featuring 9-foot ceilings, generous windows, and a stylish kitchen complete with a center island and six appliances. This unit features fresh paint/wallpaper throughout, California shutters in the living area and bedrooms, a kitchen pantry plus closet organizers in both bedrooms. Step out onto your private glass balcony—accessible from both the primary bedroom and the main living area—to take in beautiful, peaceful views of the Grand River and nearby walking trails. Lifestyle & Amenities: Gaslight District Hub: Live steps away from Gaslight Square, surrounded by bustling shops, dining, and the charm of Downtown Galt. Top-Tier Amenities: Enjoy full access to a fully equipped fitness center, games room, library/study space, and an expansive outdoor terrace with pergolas, fire pits, and BBQs. Storage & Parking: Includes 1 underground parking space and a private storage locker for all your extra gear. Move right in and start living the Gaslight lifestyle! (id:63161)
Listing Information
- MLS®
- 40861810
- Data last synced
- October 25, 2026
Century 21 Heritage House Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Century 21 Heritage House Ltd.
MLS® Number: 40861810
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 Cornerstone Association of REALTORS®.
Values & Trends
This listing
$536/sqft
Building average
—
No other active listings in this building
11 - St Gregory's/Tait average
$586/sqft
10 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: 5.4% ($28,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$431,600.00
Periodic payment — Principal & Interest (monthly)$2,784.54
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,070.05
Total monthly cost$3,854.58
Interest paid over 5-yr term$123,697.80
Balance at end of term$388,225.60
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$28,950
Stress test qualifying rate8.19%
Payment you must qualify for$3,958.67
Cash Needed at Closing
Minimum down payment$28,950
Estimated Land Transfer Tax (LTT)$7,265
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,715
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.
