505 Margaret Street #201 Active

Cambridge,ON N3H 0A6

$ 450000

1 Bed

1 Bath

713 SqFt


Key Details

Property Type Condo

Sub Type Condo/Apt Unit

Listing Status Active

Purchase Type For Sale

Square Footage 713 sqft

Price per Sqft $631

MLS Listing ID 40702052

Style 1 Storey/Apt

Bedrooms 1

Full Baths 1

HOA Fees $233/mo

HOA Y/N Yes

Abv Grd Liv Area 713

Originating Board Waterloo Region

Year Built 2013

Annual Tax Amount $2,608

Property Sub-Type Condo/Apt Unit

Property Description

Bright West-Facing Condo - Perfect for First-Time Buyers, Investors & Down-Sizers. 713 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 713 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!

Location

Province ON

County Waterloo

Area 15 - Preston

Zoning RM3

Direction EAGLE ST. TO WILLIAM ST TO DOVER ST N TO MARGARET ST.

Rooms

Basement None

Kitchen 1

Interior

Heating Forced Air,Natural Gas

Cooling Central Air

Fireplace No

Appliance Water Softener,Built-in Microwave,Dishwasher,Dryer,Refrigerator,Stove,Washer

Laundry In-Suite

Exterior

Parking Features Garage Door Opener

Garage Spaces 1.0

Roof Type Asphalt Shing

Porch Open

Garage Yes

Building

Lot Description Urban,Ample Parking,City Lot,Highway Access,Library,Park,Place of Worship,Playground Nearby,Public Transit,Rec./Community Centre,Schools

Faces EAGLE ST. TO WILLIAM ST TO DOVER ST N TO MARGARET ST.

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal-Metered

Architectural Style 1 Storey/Apt

Structure Type Brick,Stone

New Construction No

Others

HOA Fee Include Insurance,Building Maintenance,Common Elements,Maintenance Grounds,Parking,Snow Removal

Senior Community No

Tax ID 235180170

Ownership Condominium

Virtual Tour https://unbranded.youriguide.com/5d2ya_505_margaret_st_cambridge_on/

View More
Favorite Go Tour