15 GLEBE Street Unit# PH2001

About this home.

Luxury Penthouse Living in the Heart of the Gaslight District! An extraordinary 2,300 sq. ft. residence created by seamlessly combining two expansive units. Spanning the entire side of the building, this one-of-a-kind three-bedroom, three-bathroom home offers breathtaking panoramic views of historic downtown Cambridge and the Grand River. Step into a grand foyer that opens into a sun-drenched, open-concept living space. Floor-to-ceiling windows bathe the home in natural light, while engineered hardwood floors add warmth and sophistication. The thoughtful layout includes pocket doors in every bedroom, maximizing both space and functionality. At the heart of the home is a chefs dream kitchen, fully upgraded with quartz countertops and backsplash, an oversized island, and premium finishes. Designed for both style and efficiency, this space is perfect for intimate dinners or lavish gatherings. The primary suite is a private retreat, complete with a spacious walk-in closet/dressing area with custom organizers and a large window. The spa-like ensuite boasts a walk-in glass shower and dual sinks, while sliding glass doors provide direct access to the penthouses expansive 100-ft. terrace. The second bedroom features floor-to-ceiling windows, a wall-to-wall closet, and its own private three-piece ensuite. A third generous bedroom currently configured as an office/den offers additional flexibility. This extraordinary residence also features a wraparound balcony accessible from every room, offering spectacular sunrise and sunset views over the city skyline and Grand River. Additional features include two underground parking spaces (one with an EV charging station), two private storage lockers, and access to state-of-the-art amenities: a rooftop terrace, private dining room, fitness center, yoga & Pilates studio, and an elegant lobby. NOTE: SELLER IS WILLING TO LEASE THE UNIT OR ENTER INTO A LEASE-TO-OWN CONTRACT SUBJECT TO TERMS AND CONDITIONS. (id:59491)

The full record.

How this listing prices against St Gregory's/Tait.

St Gregory's/Tait posted 5 sales and 20 active listings, which gives this part of Cambridge a softer tone than the city average. The average sale price was $554,000, well below the city average, and homes took 26.4 days to sell while achieving 92.37% of list, a sign that buyers are pushing harder on price here. Freeholds moved much more cleanly than condos, which were weighed down by one long-running sale. This is an area where the lower price point is drawing activity, but sellers are not getting city-average pricing power.

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