Loading…
Property Type: Condo / ApartmentOwnership: Condominium
50 GRAND Avenue Unit# 713
Cambridge, ON N1S0C2
MLS® 40864197
$699,900
2 bed2 bath1 parking1,183 sqft
Amenities
Gym
Also listed: Guest Suite, Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 20
FC1RM1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $721/mo
- Annual property tax
- $4,828
Interior
- Basement
- None
- Heating
- Heat Pump
- Cooling / A/C
- Ductless
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Ensuite bath | Main level | — |
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 11'0'' x 17'11'' |
| Primary Bedroom | Main level | 17'7'' x 11'7'' |
| Kitchen | Main level | 16'8'' x 9'3'' |
| Living room | Main level | 16'8'' x 14'8'' |
Description
Elevated riverside living awaits at 50 Grand – The Gaslight District, one of Cambridge’s most desirable addresses. This beautifully appointed 2-bedroom, 2-bathroom residence offers 1,165 sq. ft. of thoughtfully designed living space, perfectly positioned on the quieter side of the building with spectacular sunsets and peaceful views of the Grand River and iconic pedestrian bridge. Step inside to a spacious, open-concept layout filled with natural light from expansive windows that capture the river views and create a wonderful sense of space. Contemporary finishes, high ceilings and an easy flow from room to room make this home equally suited to relaxed everyday living or entertaining. The lifestyle at 50 Grand is truly second to none. Enjoy exceptional resident amenities including stylish gathering spaces, a gym, yoga and wellness areas, and an incredible rooftop terrace. Step outside and you’re surrounded by everything that makes the Gaslight District special — restaurants, cafés, artisan bakeries, boutique shopping, live music, festivals and the Cambridge Farmers’ Market. Stroll the scenic riverfront trails, with the Hamilton Family Theatre just steps away. Set on the quieter side of the building, this suite lets you enjoy all the energy and convenience of the Gaslight District while still coming home to the tranquility of the river and beautiful pedestrian bridge views. Come experience 50 Grand for yourself! (id:63159)
Listing Information
- MLS®
- 40864197
- Data last synced
- September 17, 2026
Keller Williams Home Group Realty, Brokerage
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Keller Williams Home Group Realty, Brokerage
MLS® Number: 40864197
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
$592/sqft
Building average
—
No other active listings in this building
10 - Victoria average
$543/sqft
5 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: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,182.22
Total monthly cost$4,794.64
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$44,990
Stress test qualifying rate8.19%
Payment you must qualify for$5,078.00
Cash Needed at Closing
Minimum down payment$44,990
Estimated Land Transfer Tax (LTT)$10,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$56,963
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.
