
503 - 155 WATER Street
Cambridge, Ontario
2 bed • 2 bath • Single Family
Exceptional Condo in Stunning, Historic Downtown Galt Seize the opportunity to own a pristine, move-in ready condo overlooking the picturesque historic downtown Galt. Built in 2016, the prestigious Riverfront Condos are renowned for their superior design and quality craftsmanship. This solid concrete mid-rise, featuring a striking brick and stone exterior, stands seven stories tall and offers something for everyone. Unit 503 boasts a spacious, open-concept floor plan with 2 bedrooms and 2 full bathrooms—highlighted by a luxurious walk-in closet and ensuite in the primary bedroom. The upgraded kitchen shines with elegant countertops and black appliances, perfect for both everyday living and entertaining. With just under 900 square feet of thoughtfully designed interior space, step out onto your private balcony to savour breathtaking sunrises and western views of the Grand River from the shared rooftop patio and charming downtown Galt. Convenience is key — this unit includes one owned parking spot along with ample visitor parking. Enjoy being just minutes from all your favourite amenities: the vibrant new Gaslight District, upscale coffee shops, fine dining, scenic hiking trails, water activities, boutique shopping, theatres, and bustling local markets. Galt is a community that beautifully blends its historic charm with a modern, forward-thinking spirit. Exciting developments are underway, including the upcoming second phase of the Light Rail Transit connecting Galt to KW, as well as new condos and the entertaining gaslight district just steps away, expanding residential and commercial spaces along the Grand River. With quick access to Highway 401 (just 15 minutes away) and Highway 8 towards Hamilton, this location offers incredible connectivity without sacrificing tranquility. Discover why Galt Cambridge is quickly becoming one of the most sought-after places to live — embrace this exceptional lifestyle today!
Price History
Schools
Elementary
- St Andrew's Public School0.5 km
Public · Waterloo Region DSB · 335 students
- Central Public School0.7 km
Public · Waterloo Region DSB · 255 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 38% met the provincial standard
- Stewart Avenue Public School1 km
Public · Waterloo Region DSB · 510 students
Grade 3 reading: 52% met the provincial standard · Grade 6 math: 55% met the provincial standard
Secondary
- Glenview Park Secondary School0.9 km
Public · Waterloo Region DSB · 1055 students
Grade 10 literacy: 85% met the provincial standard
- Monsignor Doyle Catholic Secondary School1.8 km
Catholic · Waterloo CDSB · 1115 students
Grade 10 literacy: 92% met the provincial standard
- Southwood Secondary School1.8 km
Public · Waterloo Region DSB · 700 students
Grade 10 literacy: 74% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N1R
- Population
- 42,928
- Private dwellings
- 18,081
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $77,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Cambridge · last 12 months
- Median sold price
- $675,000
- Homes sold
- 1,255
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,255 recorded sales of single family properties in Cambridge over the last 12 months.
Location
Mortgage Calculator
$89,800
Estimated Monthly Payment
$2,206
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,206/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $112/mo
Estimates only. Consult a financial advisor.
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