505 MARGARET Street Unit# 201 Cambridge

505 MARGARET Street Unit# 201, Cambridge, Ontario

$430,000

  • 2 Beds
  • 1 Bath
  • 713 Square Feet

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! (id:23309)

  • Listing ID: 40739434
  • Property Type: Single Family
  • Year Built: 2013

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Rooms

LevelTypeDimensions
Main LevelBedroom12'0'' x 14'1''
Main LevelLiving Room15'6'' x 12'0''
Main LevelKitchen9'8'' x 12'0''
Main LevelDen7'3'' x 10'6''
Main Level4pc Bathroom7'11'' x 5'1''

Details

  • Amenities Nearby: Park, Place of Worship, Playground, Public Transit, Schools
  • Community Features: Community Centre
  • Features: Balcony
  • Maintenance Fee: 233.39
  • Maintenance Fee Type: Insurance, Parking, Landscaping
  • Maintenance Fee Payment Unit: Monthly
  • Ownership: Condominium
  • Parking Spaces: 1
  • Transaction: For sale
  • Zoning Description: RM3

Building

  • Amenities: Guest Suite, Party Room
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Water softener, Washer, Microwave Built-in, Garage door opener
  • BasementType: None
  • Bedrooms Main Level: 1
  • Bedrooms Lower Level: 1
  • Constructed Date: 2013
  • Construction Style Attachment: Attached
  • Cooling: Central air conditioning
  • Exterior Finish: Brick, Stone
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Bathrooms (Total): 1
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 713 sqft
  • Stories Total: 1
  • Type: Apartment
  • Utility Water: Municipal water

Land

  • Access Type: Road access, Highway access
  • Amenities: Park, Place of Worship, Playground, Public Transit, Schools
  • Sewer: Municipal sewage system

This property for sale is located at 505 MARGARET Street Unit# 201 in Cambridge. It was last modified on June 20th 2025. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Cambridge condos for sale.

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