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Property Type: Condo / ApartmentOwnership: Condominium
50 GRAND Avenue S Unit# 901
Cambridge, ON N1S0C2
MLS® 40854235
$619,900
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 in the highly sought-after Gaslight District, located in the heart of historic Downtown Galt! This bright and modern two-bedroom, two-bathroom condo features nine-foot painted ceilings, wide-plank flooring, floor-to-ceiling windows, and a spacious balcony. The stylish kitchen offers quartz countertops, a tile backsplash, stainless steel appliances, ample cabinetry, and an oversized island with an undermount sink and gooseneck faucet. The primary bedroom features balcony access, built-in closet organizers, and a four-piece ensuite with dual sinks and a walk-in shower. The spacious second bedroom also includes built-in closet organizers and large windows. A second full bathroom and convenient in-suite laundry complete the space. Enjoy outstanding Gaslight District amenities including a fitness centre, yoga and Pilates studios, a games room, a reading lounge, and an expansive outdoor terrace with seating areas, pergolas, fire pits, and BBQ stations. Steps from dining, shops, trails, entertainment, and everything Downtown Galt has to offer! (id:63159)
Listing Information
- MLS®
- 40854235
- Data last synced
- October 19, 2026
Corcoran Horizon Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Corcoran Horizon Realty
MLS® Number: 40854235
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
$532/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: 6.0% ($36,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$495,920.00
Periodic payment — Principal & Interest (monthly)$3,199.51
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,181.22
Total monthly cost$4,380.73
Interest paid over 5-yr term$142,132.10
Balance at end of term$446,081.64
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$36,990
Stress test qualifying rate8.19%
Payment you must qualify for$4,519.73
Cash Needed at Closing
Minimum down payment$36,990
Estimated Land Transfer Tax (LTT)$8,873
Legal / closing costs (typical estimate)$1,500
Total cash needed$47,363
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.
