50 Grand Ave S 801

Cambridge, N1S 2L8
FOR SALE
$648,800
50 Grand Ave S 801, Cambridge
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
50 Grand Ave S 801
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
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Property Description
AVAILABLE NOW: A two-bedroom, two-bathroom condo in the highly desirable Gaslight District! Located in the historic heart of downtown Galt, the Gaslight community blends residential, commercial, and cultural elements to create a vibrant living experience. This elegant condo features nine-foot painted ceilings, light wide plank flooring, and premium finishes throughout. The spacious kitchen is designed for modern living with stylish cabinetry, quartz countertops, a tile backsplash, an oversized island with an under-mount sink and gooseneck faucet, and top-of-the-line stainless steel appliances. The open layout is ideal for entertaining, seamlessly connecting the kitchen with a generous living and dining area. Wall-to-wall windows and a large balcony invite natural light into the space. The master suite includes extensive closet storage, balcony access through glass sliding doors, a luxurious four-piece ensuite with dual sinks, and a walk-in shower. A second bedroom with floor-to-ceiling windows, a four-piece bathroom with a bath and shower combo, and in-suite laundry complete this impressive unit. Residents can enjoy a range of amenities at Gaslight, including a welcoming lobby with plenty of seating, secure video-monitored entry, a well-equipped fitness center with yoga and Pilates studios, a game room with billiards, a ping-pong table, and a large TV, as well as a catering kitchen and a spacious private dining room. The community also features a reading area with a library and an expansive outdoor terrace with seating areas, pergolas, fire pits, and a barbecue zone.
Property Features
Park, Place Of Worship, Public Transit, River/Stream, School, School Bus Route
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$4,550 (2023)
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
Room Summary
RoomLevelSizeFeatures
KitchenMain8.99' x 16.99'
LivingMain15.16' x 8.92'
DiningMain15.16' x 8.07'
Prim BdrmMain10.17' x 12.40'
BrMain10.17' x 11.25'
LaundryMain2.99' x 4.99'
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 $171,300 (35.9%) 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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