50 Grand Ave S 801
Cambridge, N1S 2L8
FOR SALE
$648,800
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BEDROOMS2
BATHROOMS1
KITCHENS8
ROOMSX11949900
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Property Description
Rare Two-Bedroom Corner Unit with TWO Parking Spaces in the Coveted Gaslight District! Nestled in the heart of historic downtown Galt, this elegant two-bedroom, two-bathroom corner condo offers a perfect blend of style, comfort, and urban convenience. The highly sought-after Gaslight District combines residential, commercial, and cultural elements to create a vibrant and dynamic living experience. Step inside to find nine-foot painted ceilings, wide plank flooring, and premium finishes throughout. The modern kitchen is designed for both function and aesthetics, featuring sleek cabinetry, quartz countertops, a tile backsplash, an oversized island with an undermount sink and gooseneck faucet, and top-tier stainless steel appliances. The open-concept layout seamlessly connects the kitchen to the spacious living and dining areas, making it ideal for entertaining. Floor-to-ceiling windows and a generous balcony invite an abundance of natural light into the space. The primary suite isa private retreat, offering ample closet space, balcony access through sliding glass doors, and a spa-like four-piece ensuite with dual sinks and a walk-in shower. A second bedroom with expansive windows, a four-piece bath with a tub and shower combo, and in-suite laundry complete this impressive unit. Residents of Gaslight enjoy an array of premium amenities, including a stylish lobby with ample seating, secure video-monitored entry, a state-of-the-art fitness center with yoga and Pilates studios, and a game room with billiards, ping-pong, and a large TV. Additional features include a catering kitchen, a private dining room, a cozy reading area with a library, and an expansive outdoor terrace with seating areas, pergolas, fire pits, and a barbecue zone. Experience the best of modern living in one of Cambridge's most exciting communities!
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Property Features
Park, Place Of Worship, Public Transit, River/Stream, School, School Bus Route
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$4,828 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.99' x 16.99' | |
| Living | Main | 15.16' x 8.92' | |
| Dining | Main | 15.16' x 8.07' | |
| Prim Bdrm | Main | 10.17' x 12.40' | |
| Br | Main | 10.17' x 11.25' | |
| Laundry | Main | 2.99' x 4.99' |
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Cambridge Market Statistics
Cambridge Price Trend
50 Grand Ave S 801 is a 2-bedroom 2-bathroom condo listed for sale at $648,800, which is $345,470 (113.9%) higher than the average sold price of $303,330 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Cambridge declined by $384,170 (55.9%) compared to the previous 30 day period (November 19 - December 18) and down $121,670 (28.6%) from the same time one year ago.Inventory Change
There were 3 2-bedroom condos listed in Cambridge over the last 30 days (December 19 - January 17), which is down 62.5% compared with the previous 30 day period (November 19 - December 18) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Cambridge typically sold ($2,900) (1.0%) below asking price over the last 30 days (December 19 - January 17), which represents a $22,000 increase compared to the previous 30 day period (November 19 - December 18) and ($14,900) 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 (December 19 - January 17) stood at 433.3%, up from 50.0% over the previous 30 days (November 19 - December 18) and up from 33.3% 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 21 days when successfully sold over the last 30 days (December 19 - January 17), compared to 91 days before being removed from the market upon being suspended or terminated.Listing contracted with Corcoran Horizon Realty
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