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201 - 505 Margaret St

Margaret StPreston CentreCambridgeON, N3H 0A6

1
Beds
1
Baths
700 - 799
Sq. Ft.
$450,000
List Price
201 - 505 Margaret St, Cambridge, ON - 1 of 3
201 - 505 Margaret St, Cambridge, ON - 2 of 3
201 - 505 Margaret St, Cambridge, ON - 3 of 3
New
11 days on market

Bright West-Facing Condo - Perfect for First-Time Buyers, Investors & Down-Sizers. 763 sq ft | 1 Bed + Den | Private Balcony | Low Fees. Discover this exceptional urban retreat in one of the area's most prestigious buildings. This efficiently designed 763 sq ft condo features an open concept layout that maximizes space and functionality... Show More

Bright West-Facing Condo - Perfect for First-Time Buyers, Investors & Down-Sizers. 763 sq ft | 1 Bed + Den | Private Balcony | Low Fees. Discover this exceptional urban retreat in one of the area's most prestigious buildings. This efficiently designed 763 sq ft condo features an open concept layout that maximizes space and functionality while providing a surprisingly spacious feel throughout. First-time buyers will appreciate the attainable entry point into homeownership with move-in ready condition, six quality appliances included, and budget-friendly low maintenance fees. The stylish California shutters throughout add immediate value and sophisticated charm to every room, eliminating the need for window treatments. Investors will recognize the strong rental potential of this highly desirable floor plan in a prime location that consistently attracts quality tenants. The versatile den increases market appeal, while the historically strong appreciation in this sought-after development combined with impressively low carrying costs enhances your return on investment from day one. Down-sizers will enjoy the thoughtfully designed space that feels surprisingly spacious despite its efficient footprint. The private west-facing balcony extends your living area outdoors with beautiful sunset views, while the versatile den perfectly accommodates treasured belongings or continuing beloved hobbies in your new, maintenance-free lifestyle where building amenities replace yard work and home repairs. Bathed in natural light throughout the day, this bright condo offers convenient access to shopping, dining, entertainment, and transit options. The surprisingly low condo fees create an exceptional opportunity rarely found in today's competitive market. Don't miss this chance to own in one of the neighbourhood's most sought-after buildings, offering the perfect combination of value, location, and comfort for any lifestyle. **INTERBOARD LISTING: CORNERSTONE - WATERLOO REGION**

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Property Details

Size

700 - 799 sq. ft.
1 Bed
1 Above Grade
1 Bath

Parking

1 Parking Space
-

Build

Year Built
2010 - 2014
Model Name
-
Basement
None
Exterior
Brick, Stone
Foundation
Concrete
Builder Name
-
Stories
-
Flooring
-
Roof
Asphalt Shingle

Heating & Cooling

Heating
Forced Air
Cooling
Central Air
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Ownership Details

Ownership

Title
Condo
Zoning
-

Condo Policies

Pets Allowed
Yes
Short term Rentals Allowed
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$2,608.2

Condo Fee

Condo Fee
$233.39
Condo Fee Includes
Parking Included, Common Elements Included, Building Insurance Included
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Source

Listing Brokerage

MLS® Listing
X12001646
Last Updated
March 5, 2025
Brokerage
THE AGENCY
Call us 800-591-0566

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