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Listed 8 days ago

901 - 50 Grand Avenue S

, Cambridge

$619,900

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

Rare two-bedroom corner unit in the highly sought-after Gaslight District, located in the heart of historic Downtown Galt! This bright and modern two-bedroom, two-bathroom condo features nine-foot painted ceilings, wide-plank flooring, floor-to-ceiling windows, and a spacious balcony. The stylish kitchen offers quartz countertops, a tile backsplash, stainless steel appliances, ample cabinetry, and an oversized island with an undermount sink and gooseneck faucet. The primary bedroom features balcony access, built-in closet organizers, and a four-piece ensuite with dual sinks and a walk-in shower. The spacious second bedroom also includes built-in closet organizers and large windows. A second full bathroom and convenient in-suite laundry complete the space. Enjoy outstanding Gaslight District amenities including a fitness centre, yoga and Pilates studios, a games room, a reading lounge, and an expansive outdoor terrace with seating areas, pergolas, fire pits, and BBQ stations. Steps from dining, shops, trails, entertainment, and everything Downtown Galt has to offer!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size1000-1199 sq. ft.
Maintenance Fees$721
LockerNone
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesCovered, Underground
Property Tax$4,828
mls© NumberX13662992
Listed ByCORCORAN HORIZON REALTY
Building Insurance Included
Common Elements Included
Parking Included
Heat 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%
$3,173
Property tax
$402
Heat allowance
$150
Condo fees, half counted
$360
Housing costs
$4,086 / mo

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

Down payment20% · $123,980
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$2,609 / mo
Cash down
$123,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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