Re-listed 33 days ago

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

In the same building:
-
Condo
2
1
~787 sqft
$•••,•••
$425,900
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Condo
2
1
~787 sqft

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Highlights

Property Estimate

Days on market33 days

Total days on market
161 days

Estimated valueNot available

Price/Sqft$541/sqft

Monthly cost

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Description

Welcome to this bright, spacious 2-bedroom condo in the heart of Preston! Ideally situated just steps from Ed Newland Pool and Civic Park, this home blends comfort, convenience, and a vibrant community feel. Retreat to your beautifully appointed primary suite — a true haven designed for relaxation. The generous bedroom offers plenty of space to unwind, while the impressive walk-in closet provides abundant hanging room and smart storage solutions to keep everything perfectly organized. The large kitchen opens seamlessly to the dining area, creating an inviting space for cooking, hosting, and everyday living. The open-concept layout continues into the living room and out to a sizable private balcony — the perfect spot for morning coffee, evening downtime. Additional features include in-suite laundry, a well-maintained 4-piece bath, and one outdoor parking space. The building also offers great amenities such as a party room for gatherings and a guest suite for visiting friends or family. With Riverside Park, Downtown Preston, and easy Hwy 401 access all nearby, this location is ideal for commuters and anyone who enjoys exploring the best of Cambridge.


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~787 SqFt
Lot Size-
Parking Spaces1
MLS ®Number40792696
Community NameCentral Park
Data SourceITSO
Listing byRE/MAX SOLID GOLD REALTY (II) LTD.

Features

Heating: Electric, Forced Air
Cooling: Central Air

Main Floor

Kitchen

2.92 x 2.87

Living Room

4.75 x 3.58

Bedroom

3.94 x 2.64

Bedroom Primary

4.57 x 3.17


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

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
33 days on market
history photo preview47
Listing by itso®
Property listed by RE/MAX SOLID GOLD REALTY (II) LTD., Brokerage
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Market Data - Central Park

Geo Zone Map ThumbnailCentral Park

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

75 days

Compared to

2025

0 day

New Listings

Past 30 days

1 listing

Compared to

2025

0 listing

Units sold

Past 30 days

1 unit

Compared to

2025

0 unit

Median Sold Price

Past 30 days

$415,000

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