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Property Type: Condo / ApartmentOwnership: Condominium
85 SPRUCE Street Unit# 112
Cambridge, ON N1R4K4
MLS® 40859150
$429,900
1 bed2 bath1 parking1,270 sqftBuilt 2009
Amenities
Gym
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 2
RM3
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $819/mo
- Annual property tax
- $3,274
Maintenance Fee Includes
Management
Also included: Landscaping, Insurance, Parking
Interior
- Basement
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Loft | Second level | 9'1'' x 8'4'' |
| 4pc Ensuite bath | Second level | — |
| Primary Bedroom | Second level | 10'1'' x 14'8'' |
| Utility room | Main level | 3'5'' x 3'7'' |
| Laundry room | Main level | — |
| 3pc Bathroom | Main level | — |
| Office | Main level | 9'1'' x 8'4'' |
| Kitchen | Main level | 15'4'' x 9'1'' |
| Living room | Main level | 15'5'' x 15'2'' |
| Dining room | Main level | 9'5'' x 15'3'' |
Description
MODERN LOFT LIVING! Welcome to this stunning loft, where soaring 16ft ceilings and expansive windows create a bright, airy ambiance. Featuring polished concrete floors, exposed brick, ducts, pipes, and iron columns, this space seamlessly blends original character with modern sophistication. Set within a 1910 fabric weaving factory stylishly converted into loft-style residences, Unit #112 offers over 1,250 sqft of thoughtfully designed living space. This one-bedroom plus den unit includes two full bathrooms, with the upper primary suite featuring a private ensuite. The kitchen is a chef’s dream, boasting an eat-in island, granite countertops, under-cabinet lighting, custom cabinetry, and stainless steel appliances. Above the den, a unique loft space—currently used as a gym—offers endless possibilities, from a cozy reading nook to a creative retreat. Additional conveniences include in-suite laundry, a private front door entry, one outdoor parking space, and a storage unit. Building amenities include a gym and party room. Perfectly located just steps from downtown, enjoy locally roasted coffee, boutique shops, the library, and a leisurely walk across the Grand River Pedestrian Bridge. You’ll also find Gaslight and Spruce Park mere minutes away. Experience the perfect blend of history, charm, and modern living—this loft is truly one of a kind! (id:63159)
Listing Information
- MLS®
- 40859150
- Data last synced
- September 16, 2026
RE/MAX TWIN CITY FAISAL SUSIWALA REALTY
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY FAISAL SUSIWALA REALTY
MLS® Number: 40859150
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
$339/sqft
Building average
—
No other active listings in this building
21 - Glenview, Lincoln, Oak average
$448/sqft
9 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: 5.0% ($21,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$343,920.00
Periodic payment — Principal & Interest (monthly)$2,218.86
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,155.33
Total monthly cost$3,374.19
Interest paid over 5-yr term$98,568.46
Balance at end of term$309,357.15
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$21,495
Stress test qualifying rate8.19%
Payment you must qualify for$3,166.67
Cash Needed at Closing
Minimum down payment$21,495
Estimated Land Transfer Tax (LTT)$5,073
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,068
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.
