15 Glebe St 1505
Cambridge, N1S 0C3
FOR SALE
$449,000
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Property Description
Spacious 1-bedroom unit in the highly sought-after Gaslight District, located in historic downtown Galt. This freshly painted 804 sq. ft. condo (676 sq. ft. interior + 128 sq. ft. balcony) boasts 9' ceilings, an open-concept kitchen and living area, and large windows offering panoramic views of the Grand River, gorgeous bridges, and the iconic architecture Cambridge is known for. The 128 sq. ft. private balcony, accessible from both the living room and bedroom, provides the perfect space to enjoy these stunning city views.The modern kitchen is equipped with pot lights, quartz countertops, quality cabinetry, a ceramic tile backsplash, an undermount sink, and upgraded stainless steel appliances, offering both style and functionality for everyday living. In-suite laundry adds convenience, while the walk-in closet provides ample storage space. This unit also includes 1 garage parking space, ensuring you have a secure place for your vehicle.Situated in Cambridge's vibrant downtown, this condo is just steps from an array of dining, entertainment, and cultural options. You'll be within walking distance of the arts center, places of worship, public transit, and scenic river trailsperfect for outdoor enthusiasts. The Gaslight District offers a unique blend of historic charm and modern amenities, making it the ideal place to live.With a prime location in the heart of the city, this condo provides an unparalleled lifestyle with easy access to everything you need. Dont miss this incredible opportunity to live in one of the most desirable areas of Cambridge!! Some pictures virtually staged.
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Extras
Exclusive access to Gaslight Condos amenities, featuring fitness & yoga studios, games rooms with ping pong & pool tables, a study, & a spacious outdoor terrace with pergolas, fire pits, BBQs, & lounge seating overlooking Gaslight Square.
Property Features
Hospital, Library, Place Of Worship, Public Transit, River/Stream, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,371 (2024)
Basement
None
Exterior
Concrete, Stone
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 13.62' x 12.70' | Laminate, Combined W/Dining, Open Concept |
Living | Main | 13.62' x 12.01' | Laminate, W/O To Balcony, Open Concept |
Prim Bdrm | Main | 12.01' x 10.01' | Laminate, W/O To Balcony, W/I Closet |
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Cambridge Market Statistics
Cambridge Price Trend
15 Glebe St 1505 is a 1-bedroom 1-bathroom condo listed for sale at $449,000, which is $179,000 (66.3%) higher than the average sold price of $270,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Cambridge declined by $165,000 (37.9%) compared to the previous 30 day period (November 19 - December 18) and down $270,000 (50.0%) from the same time one year ago.Inventory Change
There were 6 1-bedroom condos listed in Cambridge over the last 30 days (December 19 - January 17), which is up 50.0% compared with the previous 30 day period (November 19 - December 18) and up ∞ compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Cambridge typically sold ($29,900) (11.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $22,500 decrease compared to the previous 30 day period (November 19 - December 18) and ($44,000) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Cambridge over the last 30 days (December 19 - January 17) stood at 116.7%, up from 75.0% over the previous 30 days (November 19 - December 18) and down from ∞ one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Cambridge stood at 95 days when successfully sold over the last 30 days (December 19 - January 17), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Cityscape Real Estate Ltd.
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Welcome to this stylish 1-bedroom, 1-bathroom condo in the heart of the Gaslight District, where modern design meets vibrant community living. With $25,000 in upgrades, including a quartz backsplash, bathroom fixtures, and sleek, modern appliances, this condo is both functional and beautiful. In addition, the shaker-style cabinetry, hardwood floors, and under-mount lighting add to its appeal, while dimmers allow you to create the perfect ambiance. The open-concept layout flows seamlessly to an extra-large balcony, accessible from both the living room and bedroom. The spacious outdoor area is perfect for dining, relaxing, and enjoying ideal views of the biggest screen in the country and event stage into the square. VIP access for you and your friends to all Gaslight District events, live sports, movies, and concerts from your own balcony! Located in the thriving Gaslight District, you'll have access to a wide array of restaurants, cafes, boutique shops, and community spaces, all just steps from your door. Whether you're out enjoying the vibrant nightlife or unwinding at home, this condo offers the perfect balance of convenience and comfort. The Gaslight Condo building offers exceptional amenities, including a state-of-the-art fitness studio, yoga room, games room, and a cozy library/study. Enjoy the beautifully landscaped communal terrace, featuring pergolas, fire pits, BBQ areas, and stunning views of Gaslight Square. With over 12,000 square feet of outdoor space, additional amenities include a party room with a bar/lounge, large TVs, ping pong, and a fully equipped wet bar and bistro seating. For your convenience, there's an indoor-outdoor yoga studio with change rooms, and a fitness studio with an outdoor terrace and additional facilities. Ideal for both homeowners and investors, this unit includes one underground parking spot. This is your opportunity to live in one of downtown Galt's most desirable locations, offering modern living and a dynamic lifestyle!
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