Residentiae.
For Sale · Cornerstone

170 WATER Street N Unit# 501

Cornerstone · N1R3B6

$399,000

2Bedrooms
1Bathrooms
1Parking
765Sq Ft
1Storeys

About this residence

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. Book your private showing today. (id:61366)

Property details

Property type
Single Family
Style
Apartment
Ownership
Condo/Strata
Bedrooms
2 (2 above)
Bathrooms
1
Storeys
1
Living area
765 sq ft
Parking
1 spaces
Year built
2008
Annual tax
$3,427
Association fee
$750
MLS®
40829124
Board
Cornerstone
Status
Active
Listed
May 11, 2026
Updated
Jul 7, 2026

Room dimensions

RoomLevelDimensions
4pc BathroomMain level8'0'' x 5'0''
BedroomMain level11'4'' x 9'4''
Primary BedroomMain level11'7'' x 11'4''
KitchenMain level9'3'' x 10'6''
Living roomMain level12'6'' x 12'6''

Features & finishes

Appliances

  • Washer
  • Refrigerator
  • Dishwasher
  • Dryer
  • Stove
  • Microwave Built-in

Heating

  • Forced air
  • Natural gas

Cooling

  • Central air conditioning

Exterior

  • Stucco

Parking

  • Underground
  • Covered

Lot

  • Balcony
  • Automatic Garage Door Opener

Sewer & Utilities

  • Municipal sewage system

Community

  • School Bus

Views

  • No Water View

Financing

Mortgage calculator

Estimated monthly payment

$1,866/mo

Amortization

Loan amount

$319,200

Down payment

$79,800

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Cornerstone

About the area

Census · N1R
42,928
Population
41
Median age
$77,000
Median income
$600,000
Median home value
59%
Home ownership
26 min
Avg. commute

Age distribution

0–14
16%
15–24
11%
25–44
28%
45–64
27%
65+
19%

Tenure

59% owners41% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 170 WATER Street N Unit# 501?

170 WATER Street N Unit# 501 is listed for $399,000, in Cornerstone.

How many bedrooms and bathrooms does 170 WATER Street N Unit# 501 have?

It offers 2 bedrooms and 1 bathroom.

What type of home is 170 WATER Street N Unit# 501?

170 WATER Street N Unit# 501 is a Single Family, Apartment set over 1 storey, built in 2008.

How large is 170 WATER Street N Unit# 501?

The home offers approximately 765 sq ft of living space.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $1,866. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $3,427 per year.

Is there parking?

Yes — 170 WATER Street N Unit# 501 includes 1 parking space.

What is the Cornerstone area like?

Cornerstone has a population of about 42,928, a median age of 41, a 59% home-ownership rate, with an average commute of about 26 minutes.

What is the average home value in Cornerstone?

The median dwelling value in this area is approximately $600,000, based on census data via Neighbourly.

What is the median household income in Cornerstone?

The median household income in this area is approximately $77,000.

Private viewings

Arrange a private viewing of 170 WATER Street N Unit# 501.

Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.

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