50 Grand Ave S 2007

Cambridge, N1S 0C2
FOR SALE
$684,999
50 Grand Ave S 2007, Cambridge
50 Grand Ave S 2007
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
X9393205
MLSID
Contact Us
Property Description
Experience luxury living in the exquisite penthouse unit at 2007-50 Grand Ave S in Cambridge with incredible views of the Grand River! This impeccably upgraded condo showcases elegant quartz countertops and backsplash, beautifully paired with shaker-style cabinetry and under-cabinet lighting, transforming the kitchen into a chefs paradise. The premium appliances also come with their own extended warranty, offering both style and peace of mind. With hardwood flooring throughout, every inch of this space exudes sophistication. Step outside onto the spacious, extra-wide balcony, perfect for soaking in the stunning river views. You'll appreciate the convenience of one dedicated parking spot and the added benefit of no rental equipment. The Gaslight condos provide an impressive array of amenities, including a games room, rooftop deck, gym, and party room, enhancing your lifestyle even further. Ideally located just steps from downtown Galt and the vibrant Gaslight district, you'll have immediate access to a delightful selection of restaurants, cafes, and shops. Don't miss this incredible opportunity to embrace luxurious living in a prime location with unparalleled views! This unit comes with 1 parking spot with the option of a 2nd parking spot for purchase.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-20 2024-10-11 21 $749,900 - Terminated
Property Features
Clear View, Hospital, Park, Public Transit, River/Stream, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$4,439 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
BrMain10.07' x 17.26'
Prim BdrmMain9.91' x 14.01'
KitchenMain11.84' x 10.93'
LivingMain11.84' x 19.49'
Cambridge Market Statistics
Cambridge Price Trend
50 Grand Ave S 2007 is a 2-bedroom 2-bathroom condo listed for sale at $684,999, which is $207,499 (43.5%) 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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