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Listed 28 days ago

903 - 50 Grand Avenue S

, Cambridge

$419,000

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

This one bedroom condo offers a spacious primary bedroom with a generous walk in closet providing plenty of storage, along with a modern bathroom featuring a walk in glass shower and ample built in shelving for added convenience. A versatile nook adds even more function to the space, ideal for a home office, study area, reading corner, or extra storage cabinets. Enjoy beautiful views of Historic Downtown Galt and the Grand River from a large private balcony, all while taking in the peaceful, quiet side of the building. Residents enjoy one owned underground parking spot, access to a terrace deck and garden, gym, yoga studio, a party room, visitor parking, along with a prime location close to downtown, the hospital, the library, and the park. Altogether, this condo blends comfort, character, and an unbeatable location into a bright, welcoming space.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$439
LockerNone
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,385
mls© NumberX13593264
Listed ByCORCORAN HORIZON REALTY
Heat Included
Building Insurance Included
Common Elements 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%
$2,145
Property tax
$282
Heat allowance
$150
Condo fees, half counted
$220
Housing costs
$2,796 / mo

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

Down payment20% · $83,800
25-yr amortization

Income needed

$86,000

gross annual household income

Payment at 4%
$1,763 / mo
Cash down
$83,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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