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    50 Grand Avenue South

    Gaslight Condos II
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    6for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    20
    Number of Units:
    196
    Condo Completion:
    196
    Condo Demand:
    Medium
    Unit Size Range:
    649 - 2,028 SQFT
    Unit Availability:
    Medium

    Listing History for Gaslight Condos II

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    Amenities

    Concierge
    BBQs Allowed
    Indoor Parking
    Visitor Parking
    Gym Room
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 50 Grand Avenue SouthGaslight Condos II

    Anyone who’s seeking a Cambridge condo for sale should consider Gaslight Condos II at 50 Grand Avenue South. HIP Developments completed this building back in 196, but unlike other buildings of that age, maintenance fees are very low at $0.40 per-square-foot. The 20-storey building is home to 196 suites with units ranging between 649 and 2028 square feet.

    Maintenance fees at 50 Grand Avenue South are only $0.40, significantly lower than the city average of about $0.67 per-square-foot.

    The Suites

    We’ve aggregated a number of stats at 50 Grand Avenue South. Here are some highlights: In the past 12 months, 10 units have sold, and 3 have been rented. Meanwhile, property values here have increased by 1.83%.

    Units at Gaslight Condos II have a medium likelihood of receiving more than one offer, and on average they sell for -1.66% below the listed price. Suites here have an average cost per-square-foot of $670 based on sales over the past 12 months, and the median time a unit spends on the market is 35 days.

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    Similar condos

    Maintenance Fees

    Gaslight Condos II vs The Downtown Cambridge Area

    Days on Strata

    Units at Gaslight Condos II spend an average of
    35
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Downtown Cambridge

    Turnover of Units

    On average, each unit is owned for
    1829.2
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 4 condos in the Downtown Cambridge area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Gaslight Condos II offers the
    ?
    N/A
    best value out of 4 condos in the Downtown Cambridge neighbourhood

    Appreciation Rank

    Gaslight Condos II has the
    ?
    N/A
    highest ROI out of 4 condos in the Downtown Cambridge neighbourhood

    Rental Yield

    Gaslight Condos II yields the
    ?
    N/A
    highest rent prices out of 4 condos in the Downtown Cambridge neighbourhood

    High Demand

    Gaslight Condos II is the
    ?
    N/A
    most popular building out of 4 condos in the Downtown Cambridge neighbourhood

    Transaction Insights at 50 Grand Avenue South

    1 Bed2 Bed3 Bed
    Price Range$495,000 - $503,000$640,000 - $797,000$1,400,000
    Avg. Cost Per Sqft$736$619$739
    Avg. Wait for Unit Availability81 Days97 DaysNo Data
    Ratio of Units in Building33%62%6%

    Unit Sales vs Inventory

    Total number of units listed and sold in Downtown Cambridge