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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

    Fair
    66out of 100

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    24out of 100

    −$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 brokerage: CORCORAN HORIZON REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

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 StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$551,327N/AExtX13130566

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

RoomSizeFeaturesLevel
Kitchen4.44 × 4.04 m—Main
Living4.44 × 3.66 m—Main
Br3.58 × 3.05 m—Main
2nd Br3.66 × 3.05 m—Main

Map and tour

Condos for sale in Cambridge right now

For sale now
44
Median asking price
$422K

Middle half: $375K to $560K

New in 7 days
7

13 in 28 days

Price cuts
27%

12 listings

This home is asking 31% above the median.

See all homes in Cambridge

Asking 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

ElementaryTypeDistanceEQAO average 2024–25
Highland Public SchoolWaterloo Region DSBPublic · grades JK–6 · French Immersion700 m75%Grade 6 average
Central Public SchoolWaterloo Region DSBPublic · grades JK–6850 m69%Grade 6 average
St Gregory Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–8900 m67%Grade 6 average
ÉÉC Saint-Noël-Chabanel-CambridgeConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–65.7 km78%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Glenview Park Secondary SchoolWaterloo Region DSBPublic · grades 9–121.4 km53%Grade 9 math
Galt Collegiate and Vocational InstituteWaterloo Region DSBPublic · grades 9–12 · French Immersion1.5 km68%Grade 9 math
Monsignor Doyle Catholic Secondary SchoolWaterloo CDSBCatholic · grades 9–122.4 km46%Grade 9 math
ÉSC Père-René-de-GalinéeConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–129.2 km70%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

StationLinesDistance
Ainslie St TerminalGRT bus rapid transit: ION Bus500 m
DeltaGRT bus rapid transit: ION Bus2.1 km
Can-AmeraGRT bus rapid transit: ION Bus3.4 km
Cambridge Centre MallGRT bus rapid transit: ION Bus4.2 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

20% · $110,265

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
−$1,243per month
  • 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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