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Property Type: Condo / ApartmentOwnership: Condominium
50 GRAND Avenue S Unit# 801
Cambridge, ON N1S0C2
MLS® 40866047
$595,398
2 bed2 bath1 parking1,165 sqft
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
- $721/mo
- Annual property tax
- $4,828
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
Rare Two-Bedroom Corner Unit with an included parking space in the Coveted Gaslight District! Nestled in the heart of historic downtown Galt, this elegant two-bedroom, two-bathroom corner condo offers a perfect blend of style, comfort, and urban convenience. The highly sought-after Gaslight District combines residential, commercial, and cultural elements to create a vibrant and dynamic living experience. Step inside to find nine-foot painted ceilings, wide plank flooring, and premium finishes throughout. The modern kitchen is designed for both function and aesthetics, featuring sleek cabinetry, quartz countertops, a tile backsplash, an oversized island with an undermount sink and gooseneck faucet, and top-tier stainless steel appliances. The open-concept layout seamlessly connects the kitchen to the spacious living and dining areas, making it ideal for entertaining. Floor-to-ceiling windows and a generous balcony invite an abundance of natural light into the space. The primary suite is a private retreat, offering ample closet space, balcony access through sliding glass doors, and a spa-like four-piece ensuite with dual sinks and a walk-in shower. A second bedroom with expansive windows, a four-piece bath with a tub and shower combo, and in-suite laundry complete this impressive unit. Residents of Gaslight enjoy an array of premium amenities, including a stylish lobby with ample seating, secure video-monitored entry, a state-of-the-art fitness center with yoga and Pilates studios, and a game room with billiards, ping-pong, and a large TV. Additional features include a catering kitchen, a private dining room, a cozy reading area with a library, and an expansive outdoor terrace with seating areas, pergolas, fire pits, and a barbecue zone. Experience the best of modern living in one of Cambridge's most exciting communities! (id:63159)
Listing Information
- MLS®
- 40866047
- Data last synced
- September 26, 2026
Corcoran Horizon Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Corcoran Horizon Realty
MLS® Number: 40866047
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
$511/sqft
Building average
—
No other active listings in this building
11 - St Gregory's/Tait average
$589/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
4°C
—
Humidity 95%
Wind E calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
Source: Environment and Climate Change Canada.
Population
139,163
(2021 Census)
+6.6% since 2016
Density: 615.3/km²
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.8% ($34,540) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$476,318.00
Periodic payment — Principal & Interest (monthly)$3,073.04
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,181.22
Total monthly cost$4,254.27
Interest paid over 5-yr term$136,514.11
Balance at end of term$428,449.58
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$34,540
Stress test qualifying rate8.19%
Payment you must qualify for$4,348.75
Cash Needed at Closing
Minimum down payment$34,540
Estimated Land Transfer Tax (LTT)$8,383
Legal / closing costs (typical estimate)$1,500
Total cash needed$44,423
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.
