50 Grand Ave W 1614
Cambridge, N1S 0C2
FOR SALE
$819,900
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BEDROOMS2
BATHROOMS1
KITCHENS4
ROOMSX11932103
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Property Description
Welcome to 1614 - 50 Grand Ave! This exceptional corner unit is a unique opportunity to enjoy direct riverfront living with modern amenities and thoughtful upgrades. Located in a prime area at the Gaslight District, the home combines convenience, style, and stunning views. The interior features custom California Closets throughout, offering ample storage while maintaining a sleek and organized aesthetic. The open living area is highlighted by a contemporary electric fireplace, creating a warm and inviting atmosphere. A Murphy bed with built-in cabinetry and a desk adds flexibility to the space, perfect for hosting guests or creating a home office. Every window is adorned with custom coverings, providing both privacy and an elegant finish. With two dedicated parking spaces, the unit also ensures convenience for busy urban lifestyles. Situated in a sought-after neighbourhood, residents enjoy access to nearby shops, dining options, and walking trails along the river. This home is designed to suit a variety of needs, blending practicality with stylish features. Whether you're relaxing by the fireplace, working from home in the custom-designed space, or taking in the breathtaking views from your private riverfront vantage point, this property promises a comfortable and sophisticated living experience.
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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
$4,897 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Main | 10.07' x 11.52' | |
| Br | Main | 9.68' x 10.93' | |
| Kitchen | Main | 9.09' x 16.57' | |
| Living | Main | 14.99' x 16.57' |
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Cambridge Market Statistics
Cambridge Price Trend
50 Grand Ave W 1614 is a 2-bedroom 2-bathroom condo listed for sale at $819,900, which is $516,570 (170.3%) 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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Located in the heart of historic downtown Galt, this beautiful condo is part of the vibrant Gaslight District a new center for residential, commercial, retail, dining, art, and culture. Here, life, work, and leisure come together to create an unparalleled living experience. This impressive unit boasts nine-foot painted ceilings, wide-plank light flooring, and premium finishes throughout. The spacious kitchen features modern cabinetry with designer hardware, quartz countertops, a tile backsplash, an oversized island with an under-mount sink and gooseneck faucet, and stainless steel appliances. The open-concept design flows seamlessly from the kitchen into a generous living and dining area, ideal for entertaining. Floor-to-ceiling windows and access to a large balcony let natural light flood the space. The primary suite offers wall-to-wall closets, glass doors leading to the balcony, and a luxurious four-piece ensuite with dual sinks and a walk-in shower. A second bedroom with floor-to-ceiling windows, a four-piece bath with a tub and shower combo, and in-suite laundry complete this premium unit. Residents enjoy access to an array of amenities, including a welcoming lobby with seating, secure video-monitored entry, a fitness area with a spacious yoga and Pilates studio, a games room with billiards, ping-pong, and a large TV, a catering kitchen, a private dining room, and a cozy library. The lounge opens onto a spacious outdoor terrace overlooking Gaslight Square, featuring multiple seating areas, pergolas, fire pits, and a BBQ area for outdoor relaxation.
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