7 days on Market

505 Margaret St #408, Cambridge, Ontario N3H 0A6

In the same building:
-
Condo
1
1
~800-899 sqft
$299,900
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Condo
1
1
~800-899 sqft

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Highlights

Property Estimate

Days on market7 days

Estimated valueNot available

Price/Sqft$354/sqft

Monthly cost

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Description

Welcome to 505 Margaret St. Unit 408 - a beautifully maintained, oversized one-bedroom, one-bathroom condo offering the perfect blend of style, comfort, and convenience. This bright, open-concept layout is filled with natural light and thoughtfully designed for modern living. Lovingly cared for, this unit showcases pride of ownership throughout and presents an incredible opportunity to own in one of the area's most desirable communities. Enjoy some of the lowest condo fees in all of Waterloo Region, making this an exceptional value for first-time buyers, young professionals, or those looking to downsize without compromise. The well-managed building offers fantastic amenities, including a guest suite for overnight visitors and a party room ideal for hosting family and friends. This unit also includes one convenient dedicated parking space, and its prime location just steps to downtown puts shops, dining, parks, and everyday essentials at your doorstep-with quick access to Highway 401 for easy commuting. Stylish, affordable, and effortlessly convenient-this is the lifestyle you've been waiting for. Welcome home.


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~800-899 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX13083610
Community NameCentral Park
Data SourceTRREB
Listing byENGEL & VOLKERS WATERLOO REGION

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Dining

4.34 x 3.78

Kitchen

3.25 x 3.51

Living

4.29 x 4.11

Primary

5.31 x 4.01


Features

Patio: Open
Balcony: Open

Parking

Garage spaces -

Garage type -

Total parking spaces 1


5Story
Elevator
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 5, 2026
ListedActive
$299,900
7 days on market
history photo preview40
Listing by trreb®
Property listed by ENGEL & VOLKERS WATERLOO REGION, 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

48 days

Compared to

2025

47 days

2024

0 day

2023

25 days

New Listings

Past 30 days

4 listings

Compared to

2025

2 listings

2024

1 listing

2023

1 listing

Units sold

Past 30 days

2 units

Compared to

2025

1 unit

2024

0 unit

2023

2 units

Median Sold Price

Past 30 days

$356,000

Compared to

2025

$432,000

2023

$449,500


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