| Building Insurance Included | |
| Common Elements Included |
































407 - 155 Water Street
, Cambridge
$329,999
Welcome to this stylish and well-appointed 1-bedroom, 1-bathroom condo ideally situated near the Grand River and the vibrant, up-and-coming Gaslight District. Featuring stainless steel appliances, an electric fireplace, and a generous balcony perfect for taking in the surrounding views, this unit offers a great balance of modern comfort and everyday functionality. One of the standout features is the underground covered parking spot - a valuable bonus that offers both convenience and year-round protection from the elements. Whether you're a young professional, first-time buyer, or someone looking to downsize, you'll appreciate the easy access to downtown amenities, restaurants, trails, and public transit. This is your chance to enjoy a low-maintenance lifestyle in one of Cambridge's most exciting and evolving neighbourhoods.
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| Type | Condo Apartment |
| Style | 1 Storey/Apt |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $460 |
| Locker | None |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $3,130 |
| mls© Number | X13411508 |
| Listed By | PEAK REALTY LTD. |
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%
- $1,689
- Property tax
- $261
- Heat allowance
- $150
- Condo fees, half counted
- $230
- Housing costs
- $2,330 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$72,000
gross annual household income
- Payment at 4%
- $1,389 / mo
- Cash down
- $66,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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