Property Information:

Located in the highly sought-after Preston Arbour neighborhood of Cambridge, this bright and spacious 1-bedroom condo offers comfortable, low-maintenance living in an unbeatable location. The open-concept layout features a generous living and dining area filled with natural light and extending to a covered private balcony-perfect for relaxing or enjoying your morning coffee. The spacious bedroom includes a well-sized closet, while the unit also offers in-suite laundry and a well-maintained 4-piece bathroom. Enjoy the convenience of one underground parking space (#99) and excellent building amenities, including visitor parking, a party room, and a guest suite. Ed Newland Pool is right across the street for summer enjoyment, with Civic Park, Riverside Park, schools, shops, restaurants, public transit, and Downtown Preston all nearby. Just a five-minute drive to Hwy 401 makes commuting easy. With the lowest condo fees in the area at $224.49/month, this is one of the best values in Cambridge. Ideal for first-time buyers, couples, or young professionals-this unit won't last long. (id:27)

Building Features:

Style: Apartment
Building Type: Apartment
Amenities: Party Room
Basement Type: None
Exterior Finish: Aluminum siding, Brick
Floor Space: 600 - 699 sqft
Heating Type: Forced air
Heating Fuel: Electric
Cooling Type: Central air conditioning
Appliances: Water softener, Dryer, Microwave, Stove, Washer, Refrigerator

Property Features:

OwnershipType: Condominium/Strata
Property Type: Single Family
Bedrooms: 1
Bathrooms: 1
Community Features: Pets Allowed With Restrictions
Condo Fees: $224 Monthly
Features: Balcony, In suite Laundry
Floor Space (approx): 600 - 699 Square Feet
MaintenanceFee Type: Common Area Maintenance
Zoning: R
Parking Type: Underground, Garage
No. of Parking Spaces: 1

Rooms:

Living Main Level 4.27 m x 3.68 m
Kitchen Main Level 3.28 m x 3.12 m
Primary Bedroom Main Level 3.48 m x 3.43 m
Laundry Main Level 1.80 m x 1.12 m
Bathroom Main Level Measurements not available

Convert Measurement to:

Courtesy of: RE/MAX ESCARPMENT REALTY INC.

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Demographic Information of 107 - 505 MARGARET STREET, Cambridge, Ontario, N3H 0A6

Life Stage

Growing Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$94,223.60

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.2 %

High school certificate or equivalent

38.83 %

Apprenticeship trade certificate/diploma

6.75 %

College/non-university certificate

20.83 %

University Degree

15.4 %

Commuter

Travel To Work

By Car

86.11 %

By Public Transit

1.45 %

By Walking

9.74 %

By Bicycle

0.0 %

By Other Methods

2.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

58.6 %

Houses

41.4 %

107 - 505 MARGARET STREET, Cambridge, Ontario, N3H 0A6