85 Spruce St 205
Cambridge, N1R 4K4
FOR SALE
$569,900
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BEDROOMS2
BATHROOMS0
KITCHENS5
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Property Description
Welcome to Spruce Garden Lofts. This stunning 964 sq ft loft features industrial concrete floors, exposed brick, and 13 feet high ceilings with wooden beams, creating a charming blend of rustic and urban design. Enjoy ample natural light from oversized windows and entertain with ease in the spacious living and dining areas, complete with a large island and breakfast bar. This pet-friendly unit includes in-suite laundry, a dreamy walk-in closet in the primary bedroom, a private ensuite, and a guest powder room. Step out onto the enclosed balcony, perfect for sunset views and plant enthusiasts. With a storage locker, parking garage, and access to a party room and exercise room, this loft is ideally located near the green space of Soper Park and vibrant Downtown Galt. Rarely found on the market -- book your showing today and experience exceptional loft living.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-16 | 2024-04-24 | 8 | $549,900 | - | Terminated |
| 2024-04-16 | 2024-04-23 | 8 | $549,900 | - | Suspended |
Property Features
Park, Public Transit, Rec Centre, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,209 (2023)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 65.29' x 27.89' | |
| Dining | Main | 58.40' x 37.07' | |
| Living | Main | 39.04' x 37.07' | |
| Prim Bdrm | Main | 48.56' x 37.07' | |
| Other | Main | 23.29' x 25.92' | W/I Closet |
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Cambridge Market Statistics
Cambridge Price Trend
85 Spruce St 205 is a 1-bedroom 2-bathroom condo listed for sale at $569,900, which is $98,150 (20.8%) higher than the average sold price of $471,750 in the last 30 days (April 8 - May 7). During the last 30 days the average sold price for a 1 bedroom condo in Cambridge increased by $16,750 (3.7%) compared to the previous 30 day period (March 9 - April 7) and up $38,084 (8.8%) from the same time one year ago.Inventory Change
There were 7 1-bedroom condos listed in Cambridge over the last 30 days (April 8 - May 7), which is up 600.0% compared with the previous 30 day period (March 9 - April 7) and up 600.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Cambridge typically sold ($11,400) (2.4%) below asking price over the last 30 days (April 8 - May 7), which represents a $3,550 increase compared to the previous 30 day period (March 9 - April 7) and $5,433 less 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 (April 8 - May 7) stood at 57.1%, down from 400.0% over the previous 30 days (March 9 - April 7) and down from 300.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Cambridge stood at 68 days when successfully sold over the last 30 days (April 8 - May 7), compared to 21 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Twin City Realty Inc.
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