For SaleCondo Apt · ApartmentMLS® #X13130566 · TRREB MLS®
1511-15 Glebe St, Cambridge, Ontario
Cambridge, Ontario N1S 0C3
- Bedrooms
- 2
- Bathrooms
- 2
- Type
- Condo Apt
- Basement
- None
$551,327
Estimated market value
About 1511-15 Glebe St
1511-15 Glebe St is a 2-bedroom, 2-bathroom condo in Cambridge, listed for sale at an asking price of $551,327 (MLS® X13130566).
Modern and refined, this 2-bedroom, 2-bathroom condo offers 1,007 sq ft of well-designed living space in Cambridge's highly sought-after Gaslight District - the city's premier hub for dining, entertainment, and culture. The bright, open-concept layout features 9-foot ceilings, a contemporary kitchen, and expansive windows that fill the space with natural light. The primary bedroom includes a walk-in closet, while in-suite laundry adds everyday convenience. Enjoy a generous private balcony, accessible from both the living room and bedroom, showcasing panoramic views of the Grand River, Gaslight Square, and the surrounding cityscape. This unit also includes an underground parking space. Residents of Gaslight Condos have access to an exceptional array of amenities, including a state-of-the-art fitness centre, games room, study and library area, and an outdoor terrace with pergolas, fire pits, and BBQ areas overlooking the vibrant square below. Ideally located in one of Cambridge's most dynamic communities, this condo offers a perfect balance of modern comfort and urban living.
Insights
Condition Score
Fair4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$1,243/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 6 condos with 2 bedrooms for lease in Cambridge right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $4,190 / 2025
- MLS® number
- X13130566
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Listing history
Buy/sell history for 1511-15 Glebe St, Cambridge, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $551,327 | N/A | Ext | X13130566 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Municipality
- Cambridge
Building
- Size
- 1000-1199 sqft
- Building Age
- 0-5
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc, 1 × 4pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Heat Pump
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Dishwasher, Dryer, Range Hood, Refrigerator, Stove, Washer
- Condo maint.
- $628
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 4.44 × 4.04 m | — | Main |
| Living | 4.44 × 3.66 m | — | Main |
| Br | 3.58 × 3.05 m | — | Main |
| 2nd Br | 3.66 × 3.05 m | — | Main |
Map and tour
Condos for sale in Cambridge right now
- For sale now
- 44
- Median asking price
- $422K
- New in 7 days
- 7
- Price cuts
- 27%
Middle half: $375K to $560K
13 in 28 days
12 listings
This home is asking 31% above the median.
See all homes in CambridgeAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $7,502
- Total land transfer tax
- $7,502
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $3,502
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $551,327
- $3,027
- Ontario total
- $7,502
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Highland Public SchoolWaterloo Region DSB | Public · grades JK–6 · French Immersion | 700 m | 75%Grade 6 average |
| Central Public SchoolWaterloo Region DSB | Public · grades JK–6 | 850 m | 69%Grade 6 average |
| St Gregory Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 900 m | 67%Grade 6 average |
| ÉÉC Saint-Noël-Chabanel-CambridgeConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 5.7 km | 78%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Glenview Park Secondary SchoolWaterloo Region DSB | Public · grades 9–12 | 1.4 km | 53%Grade 9 math |
| Galt Collegiate and Vocational InstituteWaterloo Region DSB | Public · grades 9–12 · French Immersion | 1.5 km | 68%Grade 9 math |
| Monsignor Doyle Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 | 2.4 km | 46%Grade 9 math |
| ÉSC Père-René-de-GalinéeConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 9.2 km | 70%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Ainslie St Terminal | GRT bus rapid transit: ION Bus | 500 m |
| Delta | GRT bus rapid transit: ION Bus | 2.1 km |
| Can-Amera | GRT bus rapid transit: ION Bus | 3.4 km |
| Cambridge Centre Mall | GRT bus rapid transit: ION Bus | 4.2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Contains information provided by the Regional Municipality of Waterloo under licence.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $110,265
- Total mortgage amount
- $441,062
- Total interest payment
- $313,738
- Total purchase cost
- $865,065
- Mortgage payment
- $2,516/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
60%Monthly carrying cost
$3,493- Rent $2,250
- Shortfall $1,243
Rental income opens at $2,250, the median asking rent of 6 comparable homes for lease in Cambridge. Type over it with the rent you expect. This is a planning tool, not advice.
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