505 Margaret Street #201 new Save Request In-Person Tour Request Virtual Tour
Cambridge,ON N3H 0A6
Key Details
Property Type Condo
Sub Type Condo/Apt Unit
Listing Status Active
Purchase Type For Sale
Square Footage 713 sqft
Price per Sqft $490
MLS Listing ID 40739434
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 office/hybrid work, 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 pockets. 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
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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