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Listed 20 days ago

118 - 8 Harris Street

, Cambridge

$314,000

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

Enjoy the convenience of ground-floor condo living in the heart of Historic Downtown Galt! This well-maintained 2-bedroom, 2 full bathroom condo features a functional open-concept layout designed for comfortable everyday living.The kitchen overlooks the dining and living areas and features a convenient breakfast bar for casual dining or entertaining. Sliding doors from the dining area lead to the ground-level patio, offering easy indoor-outdoor living. The spacious primary bedroom features two closets and a full ensuite bathroom, while the second bedroom is conveniently located near the home's second full bathroom - ideal for guests, family, or a home office. In-suite laundry, underground parking, and an exclusive storage locker add to the home's everyday convenience. Most utilities are included in the condo fees, leaving hydro as the only additional utility expense.Step outside and experience one of Cambridge's most walkable neighbourhoods. Enjoy a short stroll to local cafes, restaurants, boutique shopping, the Cambridge Farmers' Market, the Gaslight District, the Grand River, trails, parks, public transit, and more. This is an opportunity to enjoy a low-maintenance lifestyle in Historic Downtown Galt.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$963
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,009
mls© NumberX13620670
Listed ByRE/MAX ICON REALTY
Building Insurance Included
Heat Included
Water Included
Common Elements 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%
$1,607
Property tax
$251
Heat allowance
$150
Condo fees, half counted
$482
Housing costs
$2,490 / mo

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

Down payment20% · $62,800
25-yr amortization

Income needed

$77,000

gross annual household income

Payment at 4%
$1,321 / mo
Cash down
$62,800

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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