53 GROSVENOR Lane

About this home.

*OPEN HOUSE-SUNDAY, MAY 24th, 2:00-4:00 PM* Located in the heart of charming & historic Galt, this spacious corner 2+ bedroom townhome offers the perfect blend of urban convenience, character, & versatile living space. Just steps to downtown Cambridge, enjoy easy access to boutique shopping, restaurants, cafés, the Cambridge Farmers’ Market, live theatre, festivals, scenic Grand River trails, & parks all while coming home to a peaceful, tucked-away setting with mature greenery & private outdoor spaces. Thoughtfully designed across multiple finished levels, this inviting home features cherry hardwood flooring, generous principal rooms with crown molding, & an open-concept layout ideal for everyday living and entertaining. The eat-in kitchen offers granite countertops, abundant cabinetry, white appliances & a walk-in pantry. The sun-filled living & dining area is warm & welcoming with a walkout to a large outdoor patio. Upstairs, the home offers two bedrooms, two full bathrooms and laundry for functionality. The generous primary retreat offers a spacious ensuite including a relaxing soaker tub. The top-flr loft is a truly standout feature with a rare & versatile bonus space complete with hardwood flooring, a cozy fireplace, & access to a private balcony with elevated neighbourhood views. Whether used as a family room, home office, guest retreat, creative studio, gym, or potential additional bedroom space, this level offers flexibility rarely found in townhome living. The lower level offers and additional spacious flex room ideal for a third bedroom, home office, gym, hobby room, or additional living area, along with a 2-pce bathroom, utility/storage space, & direct access to the attached garage. Outside, enjoy both a private fenced patio & beautifully landscaped garden area, adding charm & additional outdoor enjoyment to this exceptional home. A unique opportunity to enjoy spacious, low-maintenance living in one of Cambridge’s most walkable and vibrant communities. (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.