2 days on Market

505 Margaret St #306, Cambridge, Ontario N3H 0A6

In the same building:
-
Condo
2
1
~787 sqft
$450,000
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Condo
2
1
~787 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$571/sqft

Monthly cost

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Description

Welcome to this bright and spacious 2-bedroom condo located in Preston! Perfectly positioned across the street from Ed Newland Pool and Civic Park, this home offers comfort, convenience, and community all in one. Step into your private sanctuary in this beautifully designed primary suite, where comfort meets luxury. The spacious bedroom offers plenty of room ideal for unwinding at the end of the day. A highlight of the suite is the expansive walk-in closet, hanging space, and storage solutions to keep everything organized and within easy reach. Whether you're getting ready for work or a night out, this closet offers the functionality and elegance you’ve been looking for. Step inside to find a large kitchen with an open dining area, ideal for cooking and entertaining. The open-concept layout flows effortlessly into the living space and out to a generously sized private balcony — perfect for your morning coffee or evening relaxation. Enjoy the convenience of in-suite laundry, a 4-piece bathroom, and one outdoor parking space included. Building amenities include a party room for social gatherings and a guest suite for overnight visitors — adding value and versatility to your new home. Located just a short walk from Riverside Park, Downtown Preston, and with easy access to Hwy 401, this location can’t be beat for commuters or those who love to explore everything Cambridge has to offer. Don’t miss out on this fantastic opportunity to own a beautiful condo in a prime location!


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~787 SqFt
Lot Size-
Parking Spaces1
MLS ®Number40752359
Community NameCentral Park
Data SourceITSO
Listing byRE/MAX SOLID GOLD REALTY (II) LTD.

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air

Main Floor

Bedroom

3.94 x 2.64

Bathroom

2.90 x 1.50

4-Piece

Dining Room

3.63 x 3.51

Living Room

4.75 x 3.58


Features

Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Elevator
Amenities

Elevator(s), Guest Suites, Party Room, Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jul 31, 2025
ListedActive
$450,000
2 days on market
history photo preview46
Listing by itso®

Market Data - Central Park

Geo Zone Map ThumbnailCentral Park

Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

10 days

Compared to

2024

0 day

2023

0 day

2022

0 day

New Listings

Past 30 days

4 listings

Compared to

2024

1 listing

2023

2 listings

2022

2 listings

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

0 unit

2022

0 unit

Median Sold Price

Past 30 days

$685,000

Compared to


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