505 Margaret Street, Unit 410, Cambridge, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $424,999 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 800-899 sqft
- Ample parking with 1.0 garage spaces (1.0 total parking spaces) with a convenient underground configuration
- Notable attributes: Guest Accommodations, Storage, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Top-floor turnkey living in the heart of Preston! Perched on the top floor with quiet, open views, this bright 2-bedroom plus den suite has been beautifully refreshed with modern countertops, refaced kitchen cabinets, updated pot lights and switches, fresh paint throughout, and a newly updated bathroom featuring a sleek double vanity. The layout is open, comfortable, and easy to live in, showcasing rich flooring, crown moulding, and sliding doors out to your private covered balcony. The kitchen offers abundant storage, stainless steel appliances, and a welcoming breakfast bar peninsula. Right off the kitchen, discover a dedicated den perfect for a quiet home office, creative zone, or reading nook. Both bedrooms are spacious and bright, highlighted by a primary retreat with a large picture window and generous walk-in closet.Premium parking and storage perks include one deeded, heated underground parking space equipped with an included prefabricated storage locker, plus complimentary access to the building's secure bike storage room. The well-managed building also recently completed refreshed paint and new carpeting throughout all common hallways! Additional amenities include a party room, a bookable guest suite ($50/night), and pet-friendly living (pets under 40 lbs welcome). Located directly across from Ed Newland Pool and Civic Park, an easy walk to downtown Preston cafes and dining, and just minutes to Highway 401. Exceptional, low-maintenance living at its finest!
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Property Summary
This condo apartment located at 505 Margaret Street, Cambridge is currently for sale and has been available for 12 days. This property is listed at $424,999 with an estimated mortgage of $1,415* per month. It has 2 beds, 1 bathroom, and is 800-899 square feet. 505 Margaret Street, Cambridge
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Cambridge.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •800-899 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Guest Accommodations
- Storage
- Water Heater
- Water Softener
- Water Purifier
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Cambridge?
If you are looking for a house in Cambridge or researching Cambridge real estate for sale, this 2-bedroom condo apartment at 505 Margaret Street, Unit 410, Cambridge, ON offers an exceptional opportunity to buy a home in Cambridge, Ontario. Whether you are a first-time Cambridge home buyer or comparing active Cambridge MLS® homes for sale, working with a dedicated Cambridge buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Cambridge realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Cambridge Buyer Budget & Costs
Estimated mortgage: $1,415*/month*. Estimated Ontario Land Transfer Tax: $4,975. First-time Cambridge home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Cambridge
Frequently Asked Questions about 505 Margaret Street, Unit 410, Cambridge, ON
Q.What is the asking price for 505 Margaret Street, Unit 410, Cambridge, ON ?
The current listing price for 505 Margaret Street, Unit 410, Cambridge, ON in Cambridge is $424,999.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 800-899 sqft.
Q.What property type and architectural style is 505 Margaret Street, Unit 410, Cambridge, ON ?
505 Margaret Street, Unit 410, Cambridge, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Guest Accommodations, Storage, Water Heater, Water Softener, Water Purifier.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Cambridge, Cambridge
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 505 Margaret Street 410, Cambridge, ON N3H 0A6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cambridge, ON
For a property listed at $424,999 in Cambridge, the legal minimum down payment is $21,250 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 $4,975 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 $4,975.
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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.
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