50 Grand Ave S 906

Cambridge, N1S 0C2
FOR SALE
$485,000
50 Grand Ave S 906, Cambridge
50 Grand Ave S 906
50 Grand Ave S 906
50 Grand Ave S 906
50 Grand Ave S 906
50 Grand Ave S 906
50 Grand Ave S 906
50 Grand Ave S 906
50 Grand Ave S 906
50 Grand Ave S 906
50 Grand Ave S 906
50 Grand Ave S 906
50 Grand Ave S 906
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BEDROOMS
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BATHROOMS
1
KITCHENS
4
ROOMS
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Property Description
Discover the perfect 1 bedroom condo located in the vibrant Gaslight District. The open-concept layout features wide plank flooring, a chic kitchen with quartz countertops, tiled backsplash, stainless steel appliances, and a built-in dining island. Relax in the spacious bedroom with a large barn-door style closet and custom automatic blinds or enjoy stunning views of the Grand River from your private balcony. Tiled 3pc bathroom with large stone-top vanity and glass shower. Additional features like in-suite laundry and closet at unit entrance, 100sq ft+ balcony space accessible from the living room and bedroom, plus triple-pane windows/sliders for sound and energy efficiency. Residents enjoy premium amenities, including a fitness center, games room, private dining space, and an outdoor terrace with pergolas and fire pits. Situated steps from the Grand River, this home is close to theaters, markets, art centers, and scenic trails. Unique underground parking space with no neighboring vehicles adds convenience to this prime location. Experience the perfect blend of luxury, comfort, and culture in the heart of Downtown Cambridge!
Property Features
Arts Centre, Grnbelt/Conserv, Place Of Worship, Public Transit, Rec Centre, River/Stream
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,350 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (p4)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
BrFlat10.60' x 10.07'
KitchenFlat9.25' x 8.66'
LivingFlat12.24' x 12.99'
BathroomFlat4.99' x 10.01'3 Pc Bath
Cambridge Market Statistics
Cambridge Price Trend
50 Grand Ave S 906 is a 1-bedroom 1-bathroom condo listed for sale at $485,000, which is $215,000 (79.6%) 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 Flux Realty
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