Maintenance Fees
Gaslight Condos II vs The Downtown Cambridge Area
50 Grand Avenue South
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Gaslight Condos II
0Listings for Salefor Sale
0Listings for Rentfor Rent
Building Highlights
Property Type:
Condo
Number of Storeys:
20
Number of Units:
196
Condo Completion:
196
Condo Demand:
Low
Unit Size Range:
602 - 2,028 SQFT
Unit Availability:
Low
Property Management:
Amenities
Visitor Parking
Party Room
Concierge
Rooftop Deck
Indoor Parking
BBQs Allowed
Gym
About 50 Grand Avenue South — Gaslight 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 602 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, 6 units have sold, and 2 have been rented. Meanwhile, property values here have decreased by 2.17%.
Units at Gaslight Condos II have a low likelihood of receiving more than one offer, and on average they sell for -1.80% below the listed price. Suites here have an average cost per-square-foot of $581 based on sales over the past 12 months, and the median time a unit spends on the market is 78 days.
Maintenance Fees
Included in Fees
None
Not Included
Hydro
Heat
Air Conditioning
Water
Listing History for Gaslight Condos II
Feb 26, 2025 • 209 days on Strata
sold
$585,000Down from $599,900
1711 - 50 Grand Ave S
2
2
2
1068 Sqft
Jan 31, 2025 • 182 days on Strata
terminated
$648,800
801 - 50 Grand Ave S
2
2
1
1165 Sqft
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Building Trends At Gaslight Condos II
Days on Strata
Units at Gaslight Condos II spend an average of
78
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 a
LOWchance of receiving
Multiple Offers
compared to other buildings in Downtown Cambridge
Turnover of Units
On average, each unit is owned for
1829.3
YEARS before being sold againProperty Value
-2%
Decrease 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
6
Units were Sold over the past twelve months
Rented Units
2
Units were Rented over the past twelve months
Best Value Rank
Gaslight Condos II offers the best value out of 4 condos in the Downtown Cambridge neighbourhood
?
N/A
Appreciation Rank
Gaslight Condos II has the highest ROI out of 4 condos in the Downtown Cambridge neighbourhood
?
N/A
Rental Yield
Gaslight Condos II yields the highest rent prices out of 4 condos in the Downtown Cambridge neighbourhood
?
N/A
High Demand
Gaslight Condos II is the most popular building out of 4 condos in the Downtown Cambridge neighbourhood
?
N/A
Market Insights
Transaction Insights at Gaslight Condos II
| 1 Bed | 2 Bed | 3 Bed | |
|---|---|---|---|
| Price Range | $498,500 - $500,000 | $535,000 - $797,000 | No Data |
| Avg. Cost Per Sqft | $782 | $589 | No Data |
| Price Range | $2,050 | $2,600 | No Data |
| Avg. Wait for Unit Availability | 81 Days | 90 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 144 Days | No Data |
| Ratio of Units in Building | 33% | 59% | 6% |
Market Inventory
Total number of units listed and sold in Downtown Cambridge
