ON > Cambridge
Cambridge, ON N3H 0A6,505 Margaret Street #201
Cambridge, ON N3H 0A6,505 Margaret Street #201
Cambridge, ON N3H 0A6,505 Margaret Street #201
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Listed by Heidi Horwat • EXP REALTY
$425,000
Est. payment /mo
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1 Bed
1 Bath
713 SqFt
New

505 Margaret Street #201 Cambridge, ON N3H 0A6

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Condo

Sub Type Condo/Apt Unit

Listing Status Active

Purchase Type For Sale

Square Footage 713 sqft

Price per Sqft $596

MLS Listing ID 40747844

Style 1 Storey/Apt

Bedrooms 1

Full Baths 1

HOA Fees $233/mo

HOA Y/N Yes

Abv Grd Liv Area 713

Year Built 2013

Annual Tax Amount $2,608

Property Sub-Type Condo/Apt Unit

Source Waterloo Region

Property Description

Affordable + Adorable in Preston! This beautifully updated 1-bedroom + den unit is perfect for first-time buyers, downsizers, or investors looking for serious value – and here's the kicker: low condo fees that won't crush your budget. Enjoy modern finishes, a private balcony, in-suite laundry, and a functional layout in a well-maintained building close to trails, transit, shopping and Hwy 401. First-Time Buyers: Skip the renos and dive into homeownership with confidence! This move-in-ready suite offers open-concept living, sleek hardwood floors, quartz counters, and a neutral colour palette – the perfect canvas to make your own. A bonus den is an ideal space for a dining room or an office, and the spacious living room leads to a private balcony – your own peaceful outdoor escape. Downsizers: Say goodbye to stairs and upkeep – this second-floor unit offers the perfect blend of comfort and convenience. Just steps from the elevator, with easy access to the parking garage, getting in and out is a breeze, whether you're carrying groceries or greeting guests. Enjoy a modern, low-maintenance lifestyle with a stylish kitchen, spacious primary bedroom, and peaceful layout that makes every day feel effortless. Investors: This turnkey rental offers a functional layout, in-demand finishes, and a location close to trails, transit, shopping, and Hwy 401 – everything tenants and future buyers want. Professionally managed with low monthly fees for easy cash flow. Extras include stainless steel appliances, in-suite laundry, a bright 4-piece bath, and a sunlit balcony with room for a bistro set and bbq. Whether you're starting out, simplifying, or investing smart – this one checks all the boxes. Don't miss your opportunity to own in one of Preston's most convenient and commuter-friendly locations. Your next move starts here!

Location

Province ON

County Waterloo

Area 15 - Preston

Zoning RM3

Direction EAGLE ST. TO WILLIAM ST TO DOVER ST N TO MARGARET ST.

Rooms

Basement None

Main Level Bedrooms 1

Kitchen 1

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Window Features Window Coverings

Appliance Water Softener, Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Parking Features Garage Door Opener

Garage Spaces 1.0

Roof Type Asphalt Shing

Porch Open

Garage Yes

Building

Lot Description Urban, Ample Parking, City Lot, Highway Access, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Schools

Faces EAGLE ST. TO WILLIAM ST TO DOVER ST N TO MARGARET ST.

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal-Metered

Architectural Style 1 Storey/Apt

Structure Type Brick,Stone

New Construction No

Others

HOA Fee Include Insurance,Building Maintenance,Common Elements,Maintenance Grounds,Parking,Snow Removal

Senior Community No

Tax ID 235180170

Ownership Condominium

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agent

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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505 Margaret Street #201

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