Maintenance Fees
Gaslight Condos II vs The Downtown Cambridge Area
50 Grand Avenue South
Gaslight Condos II
Highlights
- Property Type:
- Condo
- Number of Storeys:
- 20
- Number of Units:
- 196
- Condo Completion:
- 196
- Condo Demand:
- Low
- Unit Size Range:
- 549 - 2,028 SQFT
- Unit Availability:
- Medium
- Property Management:
Amenities
Games Room
Indoor Parking
Party Room
Gym
Bike Storage
Concierge
Visitor Parking
Rooftop Deck
Amenity details for reference only. Independently verify accuracy.
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 $0.44 per-square-foot. The 20-storey building is home to 196 suites with units ranging between 549 and 2028 square feet.
Maintenance fees at 50 Grand Avenue South are only $0.44, 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, 15 units have sold, and 8 have been rented. Meanwhile, property values here have decreased by 13.51%.
Units at Gaslight Condos II have a medium likelihood of receiving more than one offer, and on average they sell for -2.62% below the listed price. Suites here have an average cost per-square-foot of $554 based on sales over the past 12 months, and the median time a unit spends on the market is 66 days.
Transportation
In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 15 Glebe Street, 25 Concession Street and 8 Harris Street.
- Hydro
- Not Included
- Heat
- Not Included
- Air Conditioning
- Not Included
- Water
- Not Included
Listing History for Gaslight Condos II
Oct, 2025
Unit 1812
Oct 31, 20253 days on strata
Leased for $2,700Listed for $2,7002 bd | 2 ba | 1,000-1,199 sqft | 1 pkg
Leased for $2,700Listed for $2,7002 bd | 2 ba | 1,000-1,199 sqft | 1 pkg
Unit 1306
Oct 26, 20258 days on strata
Leased for $2,000Listed for $2,0001 bd | 1 ba | 600-699 sqft | 1 pkg
Leased for $2,000Listed for $2,0001 bd | 1 ba | 600-699 sqft | 1 pkg
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1Listings For Sale
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Building Trends At Gaslight Condos II
Days on Strata
Units at Gaslight Condos II spend an average of
66
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Downtown Cambridge
Turnover of Units
On average, each unit is owned for
1782.8
YEARS before being sold againProperty Value
-14%
Decrease in property value within the past twelve months
Price Ranking
2nd
Highest price per SQFT out of 4 condos in the Downtown Cambridge area
Sold Units
15
Units were Sold over the past twelve months
Rented Units
8
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 | $415,000 - $445,000 | $520,000 - $815,000 | No Data |
| Avg. Cost Per Sqft | $650 | $568 | No Data |
| Price Range | $2,000 - $2,100 | $2,500 - $2,875 | No Data |
| Avg. Wait for Unit Availability | 54 Days | 48 Days | 239 Days |
| Avg. Wait for Unit Availability | 165 Days | 70 Days | No Data |
| Ratio of Units in Building | 40% | 57% | 4% |
Market Inventory
Total number of units listed and sold in Downtown Cambridge
