50 Grand Ave S 1611
Cambridge, N1S 0C2
FOR SALE
$549,900
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BEDROOMS2
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Property Description
Discover this unique condo unit at 1611-50 Grand Ave S, perfectly situated in the lively Gaslight District of Cambridge. This residence combines comfort, convenience, and breathtaking views. Upon entering, you'll be welcomed by an abundance of natural light pouring in through large windows, illuminating the open-concept living areas. With 2 bedrooms and 2 bathrooms, there's plenty of space for relaxation and privacy. Enjoy stunning views of the Grand River from your windows or balcony. The building boasts an array of amenities designed to elevate your lifestyle, including a yoga studio, fitness center, rooftop terrace, party room, and games room. Whether you seek peace or entertainment, everything you need is at your fingertips. Don't miss the chance to call this remarkable space your home in the heart of Cambridge's Gaslight District. Schedule your viewing today!
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Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec Centre, River/Stream
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$4,119 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 14.17' x 11.25' | |
Living | Main | 13.91' x 11.68' | |
Prim Bdrm | Main | 17.09' x 13.58' | |
2nd Br | Main | 13.16' x 10.24' |
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Cambridge Market Statistics
Cambridge Price Trend
50 Grand Ave S 1611 is a 2-bedroom 2-bathroom condo listed for sale at $549,900, which is $72,400 (15.2%) higher than the average sold price of $477,500 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 2 bedroom condo in Cambridge declined by $82,500 (14.7%) compared to the previous 30 day period (September 27 - October 26) and down $94,860 (16.6%) from the same time one year ago.Inventory Change
There were 10 2-bedroom condos listed in Cambridge over the last 30 days (October 27 - November 25), which is down 23.1% compared with the previous 30 day period (September 27 - October 26) and up 400.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Cambridge typically sold ($10,400) (2.2%) below asking price over the last 30 days (October 27 - November 25), which represents a $8,225 decrease compared to the previous 30 day period (September 27 - October 26) and ($10,540) 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 2-bedroom condos in Cambridge over the last 30 days (October 27 - November 25) stood at 20.0%, down from 30.8% over the previous 30 days (September 27 - October 26) and down from 250.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Cambridge stood at 45 days when successfully sold over the last 30 days (October 27 - November 25), compared to 159 days before being removed from the market upon being suspended or terminated.Listing contracted with Corcoran Horizon Realty
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