Skip to content
Basara.

Cambridge · City Core/Wellington · Townhouse · MLS# 40829124

170 WATER Street N Unit# 501

$399,000

2

bed

1

bath

765

sqft

2008

built

Townhouse · $522/sqft

Listed May 11, 2026

About this home.

Welcome to Waterscape, a well-located condo community along the Grand River in historic Downtown Galt. This bright and functional 2-bedroom, 1-bathroom condo offers a great opportunity for first-time buyers, downsizers, or investors looking for low-maintenance living in a prime location. The open-concept layout features a modern kitchen with ample cabinetry, granite countertops, and stainless steel appliances, flowing seamlessly into the living area - perfect for everyday living or entertaining. Large windows bring in plenty of natural light, while the private balcony provides a quiet outdoor space to relax. Enjoy the convenience of in-suite laundry, underground parking, and a storage locker. Condo fees include heating, cooling, and water, helping keep monthly expenses predictable and affordable. The building offers secure controlled entry, a fitness room, party/lounge space, and a rooftop terrace with BBQs and seating-ideal for entertaining or enjoying views of the river. Located just steps from scenic walking trails, the Cambridge Mill, Gaslight District, farmers' market, shops, dining, and theatre, everything you need is within walking distance. Experience easy condo living in one of Cambridge's most desirable downtown locations. Book your private showing today. (id:59491)

The full record.

Property typeTownhouse
Year built2008
Square footage765 sqft
Lot size0
Bedrooms2
Bathrooms1
HeatingForced air,, ,Natural gas
CoolingCentral air conditioning
ListedMay 11, 2026

How this listing prices against City Core/Wellington.

2

Sales

$397,500

Median price

28

Days on market

94.0%

% of list

21

Active listings

N/A

Months supply

City Core/Wellington had just 1 sale against 17 active listings, so closings are sparse even though there is plenty of inventory on the market. The lone sale closed at $490,000 in 14 days and 98.02% of list, but one transaction is not enough to suggest broad momentum. The bigger story is the listing count, especially with 12 active condos and no condo sales in the period. For now, this looks like a slower pocket where buyers have choice and sellers need patience.

Read the full Cambridgereport →

Estimate the monthly carry.

Down payment
%($79,800)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$1,827

Principal$319,200
Total interest$228,950
Total paid$548,150

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

Use the chat button to message me directly.

Or email me at neso@basara.ca

170 WATER Street N Unit# 501, Cambridge — $399,000 | Basara