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Home ON Kitchener - Cambridge - Waterloo Cambridge Central Park
505 MARGARET Street Unit# 201
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505 MARGARET Street Unit# 201 $425,000
$425,000
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505 MARGARET Street Unit# 201
Cambridge, Ontario N3H0A6

MLS® Number: 40747844
1 + 1
Bedrooms
1
Bathrooms
713
Square Feet

Listing 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! (69304804)

Location Description

EAGLE ST. TO WILLIAM ST TO DOVER ST N TO MARGARET ST.

Property Summary

Property Type
Single Family
Building Type
Apartment
Storeys
1
Square Footage
713 sqft
Subdivision Name
52 - Preston North
Title
Condominium
Land Size
Unknown
Built in
2013
Annual Property Taxes
$2,608.20
Parking Type
Underground, Visitor Parking
Time on REALTOR.ca
29 days

Building

Bedrooms
Above Grade
1
Below Grade
1
Bathrooms
Total
1
Interior Features
Appliances Included
Dishwasher, Dryer, Refrigerator, Stove, Water softener, Washer, Microwave Built-in, Window Coverings, Garage door opener
Basement Type
None
Building Features
Features
Balcony
Foundation Type
Poured Concrete
Style
Attached
Building Amenities
Guest Suite, Party Room
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Stone
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Park, Place of Worship, Playground, Public Transit, Schools
Maintenance or Condo Information
Maintenance Fees
$233.39 Monthly
Maintenance Fees Include
Insurance, Parking, Landscaping
Parking
Parking Type
Underground, Visitor Parking
Total Parking Spaces
1

Measurements

Square Footage
713 sqft
Above Grade Finished
713 sqft
Source: Plans

Rooms

MetricImperial
Main level
Bedroom
Living room
Kitchen
Den
4pc Bathroom

Land

Other Property Information
Access
Road access, Highway access
Zoning Description
RM3
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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