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For SaleCondo Apt · ApartmentMLS® #X14131042 · TRREB MLS®

201-150 Water St, Cambridge, Ontario

Cambridge, Ontario N1R 0B5

Bedrooms
1
Bathrooms
1
Type
Condo Apt
Basement
None

$349,900

Estimated market value

About 201-150 Water St

201-150 Water St is a 1-bedroom, 1-bathroom condo in Cambridge, listed for sale at an asking price of $349,900 (MLS® X14131042).

Enjoy beautiful riverfront living in this stunning 1-bedroom condo overlooking the Grand River in the heart of Cambridge. Offering an exceptional combination of style, comfort, and convenience, this beautifully updated suite features an oversized balcony with picturesque views of the Grand River and the landscaped courtyard below - the perfect place to enjoy your morning coffee or unwind at the end of the day. Inside, you'll find a bright and inviting open-concept living space, enhanced by impressive floor-to-ceiling windows in both the living room and bedroom, filling the home with an abundance of natural light. Recent upgrades include brand-new luxury vinyl flooring throughout (2026), brand-new lower kitchen cabinetry (2026), upgraded light fixtures, and a beautifully appointed bathroom. Enjoy the convenience of in-suite laundry, a storage locker and underground garage parking, along with an impressive selection of building amenities, including a large, well-equipped fitness room, guest suites for visiting family and friends, and an expansive party room perfect for entertaining. Ideally situated in a convenient Cambridge location, you'll enjoy easy access to scenic walking trails, grocery stores, downtown shops, restaurants, and everyday amenities.Whether you're a first-time buyer, downsizer, or looking for a fantastic investment opportunity, this bright and beautifully updated riverfront condo offers a wonderful lifestyle in a desirable location. Don't miss your opportunity to call this one home!

Insights

  • Condition Score

    Good
    76out of 100

    2 documented update signals

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

  • Cashflow Quality

    Shortfall
    40out of 100

    −$505/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 7 condos with 1 bedroom 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
$3,463 / 2026
MLS® number
X14131042
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
11-15
Days on market
Size
600-699 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: RE/MAX TWIN CITY REALTY INC.Data 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 201-150 Water 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$349,900N/AFor SaleX14131042

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
600-699 sqft
Building Age
11-15
Construction
Brick

Inside

Bedrooms
1
Bathrooms
1
Bathroom Details
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
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
Stove, Fridge, Dishwasher, Built in Microwave, Washer, Dryer
Condo maint.
$619

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

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 17% below the median, lower than three quarters of them.

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
$3,724
Total land transfer tax
$3,724
First-time buyer rebates (Ontario up to $4,000)
−$3,724
Total for first-time buyers
$0
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 $349,900
$1,499
Ontario total
$3,724

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

12 records · 5 on fileRead 2026-11-07
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest rail line: 250 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by GrandBridge Energy Inc.Wired internet 50/10 Mbps or faster is listed at a household 50 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m16 test or monitoring holes also recorded.250 m

Province of Ontario open data

Planning and building activity1

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address

Province of Ontario open data

Around the home2

  • Nearest rail line: 250 m250 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is MacDonald Steel Ltd., 1.8 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by GrandBridge Energy Inc.At the address
  • Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Manchester Public SchoolWaterloo Region DSBPublic · grades JK–6600 m74%Grade 6 average
Central Public SchoolWaterloo Region DSBPublic · grades JK–61.1 km69%Grade 6 average
St Anne Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–81.4 km50%Grade 6 average
ÉÉC Saint-Noël-Chabanel-CambridgeConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–64.7 km78%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Galt Collegiate and Vocational InstituteWaterloo Region DSBPublic · grades 9–12 · French Immersion400 m68%Grade 9 math
Glenview Park Secondary SchoolWaterloo Region DSBPublic · grades 9–122.3 km53%Grade 9 math
Monsignor Doyle Catholic Secondary SchoolWaterloo CDSBCatholic · grades 9–123.2 km46%Grade 9 math
ÉSC Père-René-de-GalinéeConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–128.4 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
DeltaGRT bus rapid transit: ION Bus900 m
Ainslie St TerminalGRT bus rapid transit: ION Bus1 km
Can-AmeraGRT bus rapid transit: ION Bus2.2 km
Cambridge Centre MallGRT bus rapid transit: ION Bus3 km
PinebushGRT bus rapid transit: ION Bus4.7 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% · $69,980

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
$69,980
Total mortgage amount
$279,920
Total interest payment
$199,180
Total purchase cost
$549,080
Mortgage payment
$1,597/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

45%

Monthly carrying cost

$2,505
−$505per month
  • Rent $2,000
  • Shortfall $505

Rental income opens at $2,000, the median asking rent of 7 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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