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Price Change$399,900

503 - 155 Water Street

, Cambridge

$449,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

Exceptional Condo in Stunning, Historic Downtown Galt Seize the opportunity to own a pristine, move-in ready condo overlooking the picturesque historic downtown Galt. Built in 2016, the prestigious Riverfront Condos are renowned for their superior design and quality craftsmanship. This solid concrete mid-rise, featuring a striking brick and stone exterior, stands seven stories tall and offers something for everyone. Unit 503 boasts a spacious, open-concept floor plan with 2 bedrooms and 2 full bathrooms-highlighted by a luxurious walk-in closet and ensuite in the primary bedroom. The upgraded kitchen shines with elegant countertops and black appliances, perfect for both everyday living and entertaining. With just under 900 square feet of thoughtfully designed interior space, step out onto your private balcony to savour breathtaking sunrises and western views of the Grand River from the shared rooftop patio and charming downtown Galt. Convenience is key - this unit includes one owned parking spot along with ample visitor parking. Enjoy being just minutes from all your favourite amenities: the vibrant new Gaslight District, upscale coffee shops, fine dining, scenic hiking trails, water activities, boutique shopping, theatres, and bustling local markets. Galt is a community that beautifully blends its historic charm with a modern, forward-thinking spirit. Exciting developments are underway, including the upcoming second phase of the Light Rail Transit connecting Galt to KW, as well as new condos and the entertaining gaslight district just steps away, expanding residential and commercial spaces along the Grand River. With quick access to Highway 401 (just 15 minutes away) and Highway 8 towards Hamilton, this location offers incredible connectivity without sacrificing tranquility. Discover why Galt Cambridge is quickly becoming one of the most sought-after places to live - embrace this exceptional lifestyle today!**Interboard Listing: Cornerstone Association of REALTORS*

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age11-15
Size800-899 sq. ft.
Maintenance Fees$602
LockerNone
BalconyOpen
ExposureEast
Parking TypeNone
Parking Spaces1
Parking FeaturesPrivate, Surface
Property Tax$3,316
mls© NumberX12863008
Listed ByRE/MAX TWIN CITY REALTY INC.
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,298
Property tax
$276
Heat allowance
$150
Condo fees, half counted
$301
Housing costs
$3,025 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $89,800
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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