505 Margaret Street, Cambridge, ON

$399,000
MLS#:X12441543
2 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Multi-Level"] condo apartment located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $399,000 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 700-799 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via electric

TWO BEDROOM beautiful CORNER PENTHOUSE UNIT in the Most sought-after Preston Arbour neighbourhood of Cambridge.Spacious bedrooms with good-sized closets. Covered balcony off the living room adds to the enjoyment of the unit. Open concept unit with Vinyl Flooring all over. Nice upgraded kitchen. Bright and spacious Living/Dining room. Enjoy swimming in the Edward Newland Pool in front of the building in summer. Building amenities include visitor parking, party room and guest suite. Super location. Close to School, shops, restaurants, park, public transit, five minutes drive to Hwy 401. Move in and enjoy the freedom and convenience that come with condo living. THE BEST LOCATION in Cambridge. *LOWEST CONDO FEE IN THE AREA ( $ 231.37) per month * WON'T LAST LONG!! BRING YOUR BEST OFFER!!

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateDecember 18, 2025
Sold price information is available to members only
Listed Date10/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick, Concrete
CountyWaterloo
Annual Tax$2,622.07

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Public Transit, Rec./Commun.Centre, School, School Bus Route

Community Features

Location

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505 Margaret Street, Cambridge, ON

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 505 Margaret Street 412, Cambridge, ON N3H 0A6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$319,200
Monthly Mortgage$1,855
Property Tax (Est.)$219
Utilities & Maint.$350
Total Monthly Cost$2,424

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Cambridge.

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.