
407 - 155 WATER Street
Cambridge, Ontario
1 bed • 1 bath • Single Family
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 Cambridge’s most exciting and evolving neighbourhoods.
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
- $678,000
- Homes sold
- 1,245
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,245 recorded sales of single family properties in Cambridge over the last 12 months.
Location
Street View
Mortgage Calculator
$66,000
Estimated Monthly Payment
$1,621
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,621/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $82/mo
Estimates only. Consult a financial advisor.
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