$450,000 FOR SALE

Condo Apartment

Bedrooms: 1+1Bathrooms: 1
Maintenance Fees: $233.39

505 Margaret Street Unit# 201
Cambridge, ON N3H 0A6

Bright West-Facing Condo - Perfect for First-Time Buyers, Investors & Down-Sizers. 763 sq ft | 1 Bed + Den | Private Balcony | Low Fees. Discover this exceptional urban retreat in one of the area's most prestigious buildings. This efficiently designed 763 sq ft condo features an open concept layout that maximizes space and functionality while providing a surprisingly spacious feel throughout. First-time buyers will appreciate the attainable entry point into homeownership with move-in ready condition, six quality appliances included, and budget-friendly low maintenance fees. The stylish California shutters throughout add immediate value and sophisticated charm to every room, eliminating the need for window treatments. Investors will recognize the strong rental potential of this highly desirable floor plan in a prime location that consistently attracts quality tenants. The versatile den increases market appeal, while the historically strong appreciation in this sought-after development combined with impressively low carrying costs enhances your return on investment from day one. Down-sizers will enjoy the thoughtfully designed space that feels surprisingly spacious despite its efficient footprint. The private west-facing balcony extends your living area outdoors with beautiful sunset views, while the versatile den perfectly accommodates treasured belongings or continuing beloved hobbies in your new, maintenance-free lifestyle where building amenities replace yard work and home repairs. Bathed in natural light throughout the day, this bright condo offers convenient access to shopping, dining, entertainment, and transit options. The surprisingly low condo fees create an exceptional opportunity rarely found in today's competitive market. Don't miss this chance to own in one of the neighbourhood's most sought-after buildings, offering the perfect combination of value, location, and comfort for any lifestyle. Schedule your private viewing today! (id:47423)

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Listed By THE AGENCY
Data Provided By Cornerstone - Waterloo Region
MLS® Listing Number 40702052
Last Updated Mar 01, 2025
Property Summary
Property Type Condo Apartment

More like this:
Maintenance Fees $233.39
Subdivision 52 - Preston North
Price History
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Detailed Information
Bedrooms 1+1
Bathrooms 1
Amenities Nearby Park, Place of Worship, Playground, Public Transit, Schools
Community Features Community Centre
Features Balcony
Listing Contract Date 2025-03-01
Location Description EAGLE ST. TO WILLIAM ST TO DOVER ST N TO MARGARET ST.
Maintenance Fee Payment Frequency Monthly
Maintenance Fee Type Insurance, Landscaping, Parking
Ownership Type Condominium
# of Parking Spaces 1
Property Type Single Family
Transaction Type For sale
Zoning Description RM3
Building
Amenities Guest Suite, Party Room
Appliances Dishwasher, Dryer, Refrigerator, Stove, Water softener, Washer, Microwave Built-in, Garage door opener
Basement Type None
Constructed Date 2013
Construction Style (Attachment) Attached
Cooling Type Central air conditioning
Exterior Finish Brick, Stone
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 1
Type Apartment
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
BedroomMain level12'0'' x 14'1''
Living roomMain level15'6'' x 12'0''
KitchenMain level9'8'' x 12'0''
DenMain level7'3'' x 10'6''
4pc BathroomMain level7'11'' x 5'1''
Parking Spaces
Name Spaces
Underground
Visitor Parking
Land
Total Size Unknown
Access Type Road access, Highway access
Amenities Park, Place of Worship, Playground, Public Transit, Schools
Sewer Municipal sewage system

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