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Property Type: Condo / ApartmentOwnership: Condominium
50 GRAND Avenue S Unit# 1702
Cambridge, ON N1S0C2
MLS® 40836352
$634,336
2 bed2 bath1 parking1,126 sqftBuilt 2022
Amenities
Gym
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
FC1RM1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $698/mo
- Annual property tax
- $4,717
Maintenance Fee Includes
Management
Also included: Common Area Maintenance, Landscaping, Insurance, Parking
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Main level | — |
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 10'2'' x 12'5'' |
| Bedroom | Main level | 10'2'' x 11'3'' |
| Living room | Main level | 15'2'' x 8'11'' |
| Dining room | Main level | 15'2'' x 8'1'' |
| Kitchen | Main level | 9'0'' x 17'0'' |
Description
2 BED, 2 BATH CONDO UNIT AVAILABLE IN THE HIGHLY SOUGHT-AFTER GASLIGHT DISTRICT! This 1126 sqft residence is nestled in the heart of Cambridge's emerging dining, entertainment, and cultural hub, promising a lifestyle of unparalleled convenience and modern luxury. As you step into this thoughtfully designed unit, you'll be greeted by generous 9-foot ceilings and an open-concept kitchen and dining area equipped with top-of-the-line appliances. Large windows allow natural light to flood the space, bathing the interior in warmth and inviting ambiance. In-suite laundry adds a practical touch, and premium finishes grace every corner of the unit. The open balcony (accessible from both kitchen and one of the bedrooms) is not only spacious but also offers breathtaking panoramic views of the city. For your convenience, this unit comes with an included underground parking spot, providing secure and easy access to your vehicle. Additionally, you'll enjoy exclusive access to the new Gaslight Condos amenities, including an exercise room, games room, study/library, and an expansive outdoor terrace with pergolas, fire pits, and BBQ areas overlooking Gaslight Square. Book your showing today and explore the potential of this beautiful living space. Don't miss this exceptional opportunity to live in one of Cambridge's most vibrant and desirable locations. Step out onto your private balcony and enjoy peaceful morning coffee or evening sunsets from above the city. Residents enjoy access to first-class amenities including a fitness center, rooftop terrace, party room, and concierge service. Just steps from trails, the Grand River, restaurants, cafes, shops, and public transit, this location offers a perfect balance of nature and convenience. Whether you're looking to upsize, downsize, or invest, Unit 1702 delivers modern comfort, a prime location, and an elevated lifestyle. (id:63159)
Listing Information
- MLS®
- 40836352
- Data last synced
- September 15, 2026
Corcoran Horizon Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Corcoran Horizon Realty
MLS® Number: 40836352
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
$563/sqft
Building average
—
No other active listings in this building
12 - St Andrews/Southwood average
$558/sqft
3 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: 6.1% ($38,434) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$507,469.00
Periodic payment — Principal & Interest (monthly)$3,274.02
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,147.12
Total monthly cost$4,421.14
Interest paid over 5-yr term$145,442.07
Balance at end of term$456,470.01
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$38,434
Stress test qualifying rate8.19%
Payment you must qualify for$4,620.47
Cash Needed at Closing
Minimum down payment$38,434
Estimated Land Transfer Tax (LTT)$9,162
Legal / closing costs (typical estimate)$1,500
Total cash needed$49,095
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.
