501 - 170 WATER Street
Cambridge
2 bed • Single Family
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.
Price History
Schools
Secondary
- Galt Collegiate and Vocational Institute0.3 km
Public · Waterloo Region DSB · 960 students
Grade 10 literacy: 83% met the provincial standard
- Glenview Park Secondary School2.4 km
Public · Waterloo Region DSB · 1055 students
Grade 10 literacy: 85% met the provincial standard
- Southwood Secondary School2.5 km
Public · Waterloo Region DSB · 700 students
Grade 10 literacy: 74% met the provincial standard
Elementary
- Manchester Public School0.5 km
Public · Waterloo Region DSB · 340 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 37% met the provincial standard
- Central Public School1.2 km
Public · Waterloo Region DSB · 255 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 38% met the provincial standard
- Blair Road Public School1.2 km
Public · Waterloo Region DSB · 405 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 49% 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.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Mortgage Calculator
$83,000
Estimated Monthly Payment
$2,039
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,039/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $104/mo
Estimates only. Consult a financial advisor.
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