For Sale
155 S Water Street 407 #407
Cambridge, ON
$369,900
1Bd
1Ba
550+sqft
1Parking
$673/sqft
CondoMLS# X12390021Listed 2025-09-08239 DOM
Cooling
Central Air
On the market for 239 days — longer than average. The seller may be open to negotiation.
About this home
Welcome to this stylish and well-appointed 1-bedroom, 1-bathroom condo ideally situated near the Grand River and the vibrant, up-and-coming Gaslight District. Featuring stainless steel appliances, an electric fireplace, and a generous balcony perfect for taking in the surrounding views, this unit offers a great balance of modern comfort and everyday functionality. One of the standout features is the underground covered parking spot a valuable bonus that offers both convenience and year-round protection from the elements. Whether you're a young professional, first-time buyer, or someone looking to downsize, you'll appreciate the easy access to downtown amenities, restaurants, trails, and public transit. This is your chance to enjoy a low-maintenance lifestyle in one of Cambridges most exciting and evolving neighbourhoods.
Fireplace
Rooms
Main Floor
| Bedroom | 3.66 × 3.94 m | |
| Bathroom | 1.85 × 2.41 m | |
| Kitchen | 2.39 × 3.96 m | |
| Living Room | 3.17 × 3.66 m |
Features
- Carpet Free
- None
- Central Air
- Apartment
Financials
Annual Taxes
$3,023
Estimated Rental Income
Entire property$2,100 – $2,800/mo
Rental yield6.8% – 9.1%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Cambridge
Days on market239 days
Buyer's MarketSeller's Market
Based on active listings in Cambridge. Data updates daily.
Our estimate for this home
Estimated range
$252K – $292K
Mid-point $272K · ~$495/sqft
How this listing compares
$252KList · $370K$292K
High confidence·Based on 40 cambridge comparables
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
78
/ 100
Walk Score
Very Walkable
55
/ 100
Transit Score
Good Transit
47
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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