535 Margaret Street, Unit 8, Cambridge, ON
Property no longer active
This property was sold on February 7, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $679,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1200-1399 sqft
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Air Exchanger, Rough-In Bath, Water Softener
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Preston Meadows The Perfect Place to Call Home! Conveniently located just minutes from the 401, this charming 3-bed, 2-bath townhouse (with a 3-piece rough-in) is a commuters dream and an ideal opportunity for first-time buyers. Step inside the carpet-free main floor, where modern living meets practicality. The open-concept layout is perfect for young families, allowing you to prepare meals in the kitchen while keeping an eye on the kids in the living room or outside in the yard. With brand-new luxury vinyl plank flooring and durable tiles, this space is built to handle the hustle and bustle of life with kids and pets. The kitchen has plenty of cabinetry, and a large pantry cupboard for all your storage needs. A convenient 2-pc bathroom on the main floor means fewer trips upstairs. Additional features include a spacious front entry closet and direct inside access to the attached garage. Upstairs, the generously sized primary bedroom offers a double-wide closet that can easily accommodate a king-size suite. Two additional bedrooms provide ample space, making this home perfect for families of all sizes. Youll also love the convenience of a 2nd-floor laundry, no more hauling baskets up and down stairs! The finished lower level adds even more versatility with a cozy rec room thats perfect for a teen retreat or kids playroom. Theres also a large storage closet, a utility room housing the homes mechanical systems (including a water softener, reverse osmosis system, and HRV), and a 3-pc rough-in waiting for your personal touch. Located within walking distance of parks, schools, Downtown Preston, and the newly renovated Newland Pool, this home offers the best of community living. And with a low condo fee of just $173.26/month, this townhouse is as practical as it is inviting.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This townhouse located at 535 Margaret Street, Cambridge is currently for sale and has been available on SousaSells for 559 days. This property is listed at $679,900 with an estimated mortgage of $2,263* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 535 Margaret Street, Cambridge
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cambridge.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1200-1399 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Park
- School
Interior Features
- Air Exchanger
- Rough-In Bath
- Water Softener
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 535 Margaret Street, Unit 8, Cambridge, ON
Q.What is the asking price for 535 Margaret Street, Unit 8, Cambridge, ON ?
The current listing price for 535 Margaret Street, Unit 8, Cambridge, ON in Cambridge is $679,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1200-1399 sqft.
Q.What property type and architectural style is 535 Margaret Street, Unit 8, Cambridge, ON ?
535 Margaret Street, Unit 8, Cambridge, ON is a Condo Townhouse (2-Storey) featuring a Finished basement.
Q.What key property features does 535 Margaret Street, Unit 8, Cambridge, ON offer?
Key property features include: Park, School.
Q.What interior features are included in this home?
Interior highlights include: Air Exchanger, Rough-In Bath, Water Softener.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
Virtual Tour & 3D Walkthrough
Location
Google Street View
Open in Google MapsProperty History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 535 Margaret Street 38, Cambridge, ON N3H 0A5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cambridge.
Configure Loan Settings
About Purchasing a Home in Cambridge, ON
For a property listed at $679,900 in Cambridge, the legal minimum down payment is $42,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,073 for this transaction. As this listing is in Cambridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,073.
Similar Listings in Cambridge
Explore all Just Listed Homes in Cambridge →
Cambridge Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Cambridge.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Best Schools in Cambridge
Elementary Schools
Secondary Schools
Cambridge Demographic Home information
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.