505 Margaret Street 201 Cambridge, ON N3H 0A6
Listing Courtesy of: ITSO / The Agency

  505 Margaret Street 201 Cambridge, ON N3H 0A6

Active (2 Days)
$450,000
1
BED
1
BATH
713
SQFT

Description

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. Schedule your private viewing today!

MLS®:
40702052
Taxes
$2,608
Type
Single-Family Home
Building Name
Preston Meadows
Year Built
2013
Style
1 Storey/Apt
County
Waterloo Regional Municipality

Listed By

Heidi Horwat, The Agency Waterloo Region
Source
ITSO
Last checked Mar 3 2025 at 7:42 PM EST
Bathroom Details
  • Full Bathroom: 1
Interior Features
  • Washer
  • Stove
  • Refrigerator
  • Dryer
  • Dishwasher
  • Built-In Microwave
  • Water Softener
  • Laundry: In-Suite
Lot Information
  • Schools
  • Rec./Community Centre
  • Public Transit
  • Playground Nearby
  • Place of Worship
  • Park
  • Library
  • Highway Access
  • City Lot
  • Ample Parking
  • Urban
Property Features
  • Foundation: Poured Concrete
Heating and Cooling
  • Natural Gas
  • Forced Air
  • Central Air
Condo Information
  • Fees: $233/Monthly
Exterior Features
  • Roof: Asphalt Shing
Utility Information
  • Sewer: Sewer (Municipal)
Garage
  • Garage
Parking
  • Total: 1
  • Garage Door Opener
Living Area
  • 713 sqft
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Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 3/3/25 11:42