Loading…
Property Type: Condo / ApartmentOwnership: Condominium
50 GRAND Avenue S Unit# 903
Cambridge, ON N1S0C2
MLS® 40850059
$419,000
1 bed1 bath1 parking684 sqftBuilt 2022
Open House
Saturday, October 31
12:00 PM – 2:00 PM
Amenities
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
- $439/mo
- Annual property tax
- $3,385
Maintenance Fee Includes
ManagementHeat
Also included: Landscaping, Insurance
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Main level | — |
| Kitchen | Main level | 7'10'' x 14'8'' |
| Dining room | Main level | 5'8'' x 11'8'' |
| Living room | Main level | 11'11'' x 11'8'' |
| Bedroom | Main level | 10'0'' x 11'8'' |
Description
This one bedroom condo offers a spacious primary bedroom with a generous walk in closet providing plenty of storage, along with a modern bathroom featuring a walk in glass shower and ample built in shelving for added convenience. A versatile nook adds even more function to the space, ideal for a home office, study area, reading corner, or extra storage cabinets. Enjoy beautiful views of Historic Downtown Galt and the Grand River from a large private balcony, all while taking in the peaceful, quiet side of the building. Residents enjoy one owned underground parking spot, access to a terrace deck and garden, gym, yoga studio, a party room, visitor parking, along with a prime location close to downtown, the hospital, the library, and the park. Altogether, this condo blends comfort, character, and an unbeatable location into a bright, welcoming space. (id:63161)
Listing Information
- MLS®
- 40850059
- Data last synced
- October 29, 2026
Corcoran Horizon Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Corcoran Horizon Realty
MLS® Number: 40850059
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
$613/sqft
Building average
—
No other active listings in this building
11 - St Gregory's/Tait average
$575/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:
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($20,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$335,200.00
Periodic payment — Principal & Interest (monthly)$2,162.60
Additional monthly expenses (condo fees, tax, utilities, etc.)$755.39
Total monthly cost$2,917.99
Interest paid over 5-yr term$96,069.28
Balance at end of term$301,513.48
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$20,950
Stress test qualifying rate8.19%
Payment you must qualify for$3,086.38
Cash Needed at Closing
Minimum down payment$20,950
Estimated Land Transfer Tax (LTT)$4,855
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,305
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.
