12 hours on Market

505 Margaret St #107, Cambridge, Ontario N3H 0A6

In the same building:
-
Condo
1
1
~600-699 sqft
$379,900
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Condo
1
1
~600-699 sqft

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Highlights

Property Estimate

Days on market12 hours

Estimated valueNot available

Price/Sqft$588/sqft

Monthly cost

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Description

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.


Property Details

Style1 Storey/Apt
View-
Age of property11-15
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12758910
Community NameCentral Park
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Living

4.27 x 3.68

Kitchen

3.28 x 3.12

Primary

3.48 x 3.43

Laundry

1.8 x 1.12


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


1Story
Amenities

Guest Suites, Party/Meeting Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Feb 5, 2026
ListedActive
$379,900
12 hours on market
history photo preview37
Listing by trreb®
Property listed by RE/MAX ESCARPMENT REALTY INC., Brokerage
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Market Data - Central Park

Geo Zone Map ThumbnailCentral Park

Strong Seller's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

26 days

2024

0 day

New Listings

Past 30 days

2 listings

Compared to

2025

1 listing

2024

2 listings

Units sold

Past 30 days

0 unit

Compared to

2025

1 unit

2024

0 unit

Median Sold Price

Past 30 days

$0

Compared to

2025

$511,000


Population and Demographics

Overview

Total population 8915
Average household income $101,055

Age (%)

0 to 19
18%
20 to 34
21%
35 to 49
18%
50 to 64
21%
65 and plus
21%

Household composition (%)

Single family
56%
Single person
38%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
91%
Others
4%
Portuguese
2%
French
1%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget