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Property Type: Condo / ApartmentOwnership: Condominium
50 GRAND Avenue S Unit# 1905
Cambridge, ON N1S0C2
MLS® 40854229
$636,991
2 bed2 bath1 parking968 sqftBuilt 2022
Open House
Saturday, October 31
12:00 PM – 2:00 PM
Amenities
Gym
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
- Frontage
- 0 feet
FC1RM1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $606/mo
- Annual property tax
- $4,259
Maintenance Fee Includes
ManagementHeat
Also included: Common Area Maintenance, Insurance, Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Main level | — |
| Bedroom | Main level | 12'0'' x 10'4'' |
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 11'6'' x 10'0'' |
| Dining room | Main level | 15'1'' x 12'0'' |
| Living room | Main level | 15'5'' x 12'0'' |
| Kitchen | Main level | 15'1'' x 12'0'' |
Description
Welcome to Unit 1905 at 50 Grand Avenue South, located in Cambridge's vibrant Gaslight District! This 2-bedroom, 2-bathroom suite with an included parking spot offers a bright, open-concept layout with floor-to-ceiling windows that bathe the space in natural light. The modern kitchen features beautiful cabinetry, quality appliances, and a spacious island that flows seamlessly into the living and dining areas – perfect for both entertaining and everyday living. Step out onto your 181 sq. ft. private balcony and take in breathtaking views of Cambridge and the bustling Gaslight District below. Both bedrooms are generously sized, with ample closet space and contemporary finishes throughout. Enjoy access to an array of exclusive amenities, including a state-of-the-art fitness centre, elegant party room, and rooftop terrace complete with BBQ areas and firepits – ideal for social gatherings or quiet evenings. Nestled in the heart of downtown Galt, this exceptional location puts you within walking distance of restaurants, cafes, boutique shops, and cultural attractions. Experience a perfect blend of urban energy and modern comfort in one of Cambridge's most desirable communities. (id:63161)
Listing Information
- MLS®
- 40854229
- Data last synced
- October 29, 2026
Corcoran Horizon Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Corcoran Horizon Realty
MLS® Number: 40854229
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
$658/sqft
Building average
—
No other active listings in this building
11 - St Gregory's/Tait average
$568/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: 6.1% ($38,699) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$509,593.00
Periodic payment — Principal & Interest (monthly)$3,287.72
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,008.47
Total monthly cost$4,296.19
Interest paid over 5-yr term$146,050.82
Balance at end of term$458,380.55
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$38,699
Stress test qualifying rate8.19%
Payment you must qualify for$4,639.00
Cash Needed at Closing
Minimum down payment$38,699
Estimated Land Transfer Tax (LTT)$9,215
Legal / closing costs (typical estimate)$1,500
Total cash needed$49,414
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.
