170 WATER Street N Unit# 502

About this home.

Bright and sunny unit almost 800sqft at WATERSCAPE ON THE GRAND RIVER with view of magnificent sunsets. with a big private balcony accessed from living room and bedroom. Walking distance to scenic riverfront trails, parks, theatres, Gaslight District, boutique shops, fine dining and casual restaurants, churches, places of worship, 2 public libraries, farmer’s market, schools, UW campus, the pedestrian bridge, public transportation, minutes to 401, and much more. Condo fees include all utilities except hydro (average $50/month), all amenities are free except the guest suite for cleaning fees. Offers an awesome fitness centre overlooking Cambridge 24/7, Guest Suite, Party Room with walkout to an impressive rooftop terrace and BBQs, another sitting area with fireplace overlooking the stunning Garden Terrace, and lounging area overlooking the Grand River. This building has a community living feel with all the social activities for various events including Christmas dinner/New Year celebrations, games night, gardening, book club, and much more. Secured entry building with security cameras. (id:59491)

The full record.

How this listing prices against City Core/Wellington.

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.

Estimate the monthly carry.