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Last Updated : 150 Days ago
505 Margaret Street, Cambridge, ON,

201 - 505 Margaret Street, Cambridge MLS Number: 40747844

Cambridge, Waterloo, ON, N3H 0A6

$425,000

Status:

  • 1+ Beds
  • 1 Baths
  • Area : 713 sqft
  • Property Type: Residential (Condo/Apt Unit)
  • Property Taxes : $2608.2 (Tax Year:2024)
  • Listing Courtesy : Exp Realty

Unit-201 505 Margaret Street 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!

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Unit-201 505 Margaret Street Property Facts

Property Type :Residential
MLS Number :40747844
Listing Type :Sale
Property Age :6-15 Years
Possession Date :
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Last Updated :08 Jul, 2025 (150 Days ago)
Source :Waterloo Region
Area :Waterloo
City :Cambridge
Area Major :15 - Preston
Area Minor :52 - Preston North
Postal Code : N3H 0A6
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Directions :EAGLE ST. TO WILLIAM ST TO DOVER ST N TO MARGARET ST.
Unit-201 505 Margaret Street Amenities
Party Room
Guest Suites
Parking
Elevator(s)

Unit-201 505 Margaret Street Property Price & Tax Insights

Price : $425,000
Property Taxes :$2608.2
Maintenance Fees :$233.39/month
Tax Year :2024

Unit-201 505 Margaret Street, Cambridge Property Details

Bedrooms :1 +
No. of Rooms :5
Air Conditioning :Central Air
Heating :Forced Air
Cross Street :Westminster St
Bathrooms :1
Approx Square Footage :713 sqft
Virtual Tour
Dimensions 5
Bathroom :2.41 m x 1.55 m
Kitchen :2.95 m x 3.66 m
Bedroom :3.66 m x 4.29 m
Den :2.21 m x 3.20 m
Living Room :4.72 m x 3.66 m

Exterior Information

Pets :Restricted
Garage :1
Park :Park
Library :Library

505 Margaret Street, Cambridge - Price History

2025-07

08 Jul, 2025

TREB #40747844

Property update

$425000

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505 Margaret Street - Location Map and Landmarks

  • Cambridge Memorial, Waterloo 3.38 km
  • St. Mary's General, Waterloo 12.39 km
  • Grand River, Waterloo 13.95 km
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