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Listed 3 months ago

112 - 85 Spruce Street

, Cambridge

$429,900

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

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!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style2-Storey
Approx. Age16-30
Size1200-1399 sq. ft.
Maintenance Fees$819
LockerOwned
BalconyNone
ExposureWest
Parking TypeNone
Parking Spaces1
Parking FeaturesReserved/Assigned
Property Tax$3,274
mls© NumberX13215924
Listed ByRE/MAX TWIN CITY FAISAL SUSIWALA REALTY
Common Elements Included
Parking Included
Building Insurance 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%
$2,200
Property tax
$273
Heat allowance
$150
Condo fees, half counted
$409
Housing costs
$3,033 / mo

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

Down payment20% · $85,980
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$1,809 / mo
Cash down
$85,980

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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