Property Information:

Located in the highly sought-after Preston Arbour neighbourhood 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. Bring your best offer! (id:27)

Building Features:

Style: Apartment
Building Type: Apartment
Amenities: Party Room
Basement Type: None
Construction Style - Attachment: Attached
Exterior Finish: Brick, Stone, Vinyl siding
Fire Protection: Smoke Detectors
Floor Space: 659 sqft
Heating Type: Forced air
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer, Microwave Built-in

Property Features:

OwnershipType: Condominium
Property Type: Single Family
Bedrooms: 1
Bathrooms: 1
Access Type:
Amenities Nearby: Public Transit
Built in: 2013
Community Features: Quiet Area
Condo Fees: $224 Monthly
Features: Balcony
Floor Space (approx): 659 Square Feet
MaintenanceFee Type: Landscaping
Zoning: R
Sewer: Municipal sewage system
Parking Type: Underground, Visitor parking
No. of Parking Spaces: 1

Rooms:

Other Main Level 11'9'' x 8'4''
Laundry Main Level 5'11'' x 3'8''
Bathroom Main Level 7'10'' x 6'7''
Bedroom Main Level 11'5'' x 11'3''
Kitchen Main Level 10'9'' x 10'3''
Living Main Level 14'0'' x 12'1''

Courtesy of: RE/MAX Escarpment Realty Inc.

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Demographic Information of 505 MARGARET Street Unit# 107, 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 %

505 MARGARET Street Unit# 107, Cambridge, Ontario, N3H 0A6