535 Margaret Street, Unit 57, Cambridge, ON

$699,900
MLS#:X12001166
3 beds
2 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
535 Margaret Street 7, Cambridge, ON N3H 0A5
⚠️

Property no longer active

This property was sold on March 20, 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 $699,900 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 walk-out, partially 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, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

End-Unit Townhome with Walkout Basement & No Rear Neighbours!! Welcome to Unit 7 at 535 Margaret St., Cambridge, a well-maintained end-unit townhome offering extra space, privacy, and a thoughtful layout. With a walkout basement and no rear neighbours, this home provides a peaceful setting both inside and out. The elevated deck is a great spot to enjoy your morning coffee or relax in the evening. Inside, the pride of ownership is evident. The foyer and kitchen feature upgraded 18 x 18 tile flooring, setting the tone for a clean and modern space. The kitchen includes quartz countertops, a stylish backsplash, and stainless steel appliances. There's room for a dining table or island, and the open-concept layout flows into the bright living area. Large windows, a benefit of an end unit, allow for plenty of natural light, while patio doors provide direct access to the deck. Upstairs, the carpet-free second floor offers a spacious primary bedroom with a walk-in closet, along with two additional good sized bedrooms. The main bathroom is spacious and features an upgraded vanity with stone countertops. A convenient second-floor laundry adds to the homes practicality. The finished walkout basement extends the living space, offering a large rec room with direct access to a lower patio and backyard area. With no rear neighbours, this space feels private and open. There's also a rough-in for an additional bathroom, giving you the flexibility to add more functionality if needed. Location is also incredible - just minutes from major amenities at Hespeler Rd. and the 401! Move-in ready and set in a great location, this townhome is a fantastic opportunity for buyers looking for space, privacy, and convenience!

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Property Summary

This townhouse located at 535 Margaret Street, Cambridge is currently for sale and has been available on SousaSells for 519 days. This property is listed at $699,900 with an estimated mortgage of $2,330* 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.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cambridge.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1200-1399 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Cambridge.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMarch 20, 2025
Sold price information is available to members only
Listed Date3/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick Front, Vinyl Siding
BasementWalk-Out, Partially Finished
CountyWaterloo
Annual Tax$3,760

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Air Exchanger
  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 535 Margaret Street, Unit 57, Cambridge, ON

Q.What is the asking price for 535 Margaret Street, Unit 57, Cambridge, ON ?

The current listing price for 535 Margaret Street, Unit 57, Cambridge, ON in Cambridge is $699,900.

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 57, Cambridge, ON ?

535 Margaret Street, Unit 57, Cambridge, ON is a Condo Townhouse (2-Storey) featuring a Walk-Out, Partially Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Air Exchanger, Water Heater Owned.

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.

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Location

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535 Margaret Street, Unit 57, Cambridge, ON

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Property 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 7, Cambridge, ON N3H 0A5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cambridge.

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Interest Rate4.00%
Down Payment$209,970 (30.0%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period30 Years
Estimated Monthly Payment$2,330Based on a loan of $489,930 over 30 years.
Purchase Price$699,900
Loan Amount$489,930
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in Cambridge, ON

For a property listed at $699,900 in Cambridge, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.

Cambridge Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cambridge.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$892,376

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Best Schools in Cambridge

Elementary Schools

Avenue Road
Public40 Gail Street, Cambridge, Ontario, N1R 4M2
3.3
Elgin Street
Public685 Elgin Street North, Cambridge, Ontario, N1R 7W6
6.2
St Peter
Public92 Avenue Road, Cambridge, Ontario, N1R 1C1
5.6
Christ The King
Public70 Acorn Way, Cambridge, Ontario, N1R 8M5
3.1
Blair Road
Public85 Sunset Boulevard, Galt, Cambridge, Ontario, N1S 1A9
5.6

Secondary Schools

Galt
Public200 Water Street North, Galt, Cambridge, Ontario, N1R 6V2
5.9
St. Benedict
Catholic50 Saginaw Parkway, Cambridge, Ontario, N1R 5W1
6.8

Cambridge Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.