Sophistication meets convenience with this beautiful East Galt condo. Welcome to 150 Water Street North, Unit 505. Set alongside the mighty Grand River, its stunning views will draw you in. Step inside and find a modern space with everything you need at your fingertips. The front den has the flexibility to be a home office space. Gourmet meals will abound in the well-appointed kitchen with peninsula and granite countertops. Cook for guests while still being part of the action. When a quick bite is in order, the breakfast bar comes in handy! The kitchen gives way to the living room, where warm conversations welcome you after a long hard day. Just off the living room sits the large balcony...perfect for early morning coffee, gatherings, and beautiful sunsets. A generously sized bedroom with floor-to-ceiling closet and a stellar view allow you to fall asleep at night. The bathroom, with ceramic tile and acrylic tub is a bright and tidy place to get ready for the day. An in-suite laundry room tops off this well-designed space. Building amenities include a guest suite for overnight visitors, a gym/exercise room, a party room, a personal storage locker, an underground parking space, and an impeccably manicured courtyard. The surrounding area boasts the Cambridge Mill, waterfront trail, shops, and fine dining. Imagine calling this incredible property your home!
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $575 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 150 Water St N #505
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
Living space
600-699 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Condo Apartment
150 Water St N #505 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14118814$344,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 150 Water St N #505 Compares to the Cambridge Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,694
/mo
based on the purchase price of $344,900
$68,980 cash
$275,920 financed
$232,397 total interest
Principal54%$275,920
Interest46%$232,397
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Cambridge
Other 1–2 bed homes for sale in Cambridge around $345K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.0%On average, homes sold at or above asking.
Active listings444Homes for sale here right now.
Median vs prior 90 days+0.7%Compared with Apr 30 – Jul 29, 2026: prices up.
Based on 461 sales from Jul 29 – Oct 27, 2026 (390 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for sale at 150 Water St N — plus its sale and lease history.
150 Water St N #505 is listed at $344,900 (MLS® X14118814). Summitly updates the price as soon as the MLS® record changes.
Is $344,900 a good price for 150 Water St N #505?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Cambridge. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 150 Water St N #505 changed?
No — 150 Water St N #505 is still listed at its original asking price of $344,900.
How many bedrooms and bathrooms does 150 Water St N #505 have?
150 Water St N #505 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Cambridge.
How much would the monthly mortgage be on 150 Water St N #505?
About $1,694 a month — principal and interest on $344,900 with 20% down ($68,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 150 Water St N #505 compare with other homes in Cambridge?
Its asking price of $344,900 is about 49% below the median sold price in Cambridge over the last 90 days, $680,000, across 461 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 150 Water St N #505 been sold before?
Summitly has no earlier MLS® sale or lease of 150 Water St N #505 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 150 Water St N #505?
150 Water St N #505 is in Cambridge, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 150 Water St N #505 been on the market?
1 day — 150 Water St N #505 was listed on October 26, 2026.
What is the price per square foot of 150 Water St N #505?
About $493 to $575 per square foot: the asking price of $344,900 over the 600–699 sq ft the listing gives as its size range.
Does 150 Water St N #505 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 150 Water St N #505 have a basement, and is it finished?
The listing says 150 Water St N #505 has no basement.
