23 hours on Market

505 Margaret St #410, Cambridge, Ontario N3H 0A6

In the same building:
-
Condo
2
1
~872 sqft
$424,999
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Condo
2
1
~872 sqft

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Highlights

Property Estimate

Days on market23 hours

Estimated valueNot available

Price/Sqft$487/sqft

Monthly cost

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Description

Top-floor turnkey living in the heart of Preston! Perched on the top floor with quiet, open views, this bright 2-bedroom plus den suite has been beautifully refreshed with modern countertops, refaced kitchen cabinets, updated pot lights and switches, fresh paint throughout, and a newly updated bathroom featuring a sleek double vanity. The layout is open, comfortable, and easy to live in, showcasing rich flooring, crown moulding, and sliding doors out to your private covered balcony. The kitchen offers abundant storage, stainless steel appliances, and a welcoming breakfast bar peninsula. Right off the kitchen, discover a dedicated den perfect for a quiet home office, creative zone, or reading nook. Both bedrooms are spacious and bright, highlighted by a primary retreat with a large picture window and generous walk-in closet. Premium parking and storage perks include one deeded, heated underground parking space equipped with an included prefabricated storage locker, plus complimentary access to the building's secure bike storage room. The well-managed building also recently completed refreshed paint and new carpeting throughout all common hallways! Additional amenities include a party room, a bookable guest suite ($50/night), and pet-friendly living (pets under 40 lbs welcome). Located directly across from Ed Newland Pool and Civic Park, an easy walk to downtown Preston cafes and dining, and just minutes to Highway 401. Exceptional, low-maintenance living at its finest!


Property Details

StyleApartment
View-
Age of property-
SqFt~872 SqFt
Lot Size-
Parking Spaces1
MLS ®Number40872397
Community NameCentral Park
Data SourceITSO
Listing byRoyal Lepage Crown Realty Services

Features

Heating: Electric Forced Air
Cooling: Central Air

Main Floor

Bathroom

1.50 x 2.92

5+ piece / carpet free / double vanity

Bedroom

2.64 x 3.84

Carpet Free

Other

2.08 x 1.37

Laundry

1.52 x 1.85


Features

Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 0

Total parking spaces 1


4Story
Amenities

Guest Suites, Party Room, Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Nov 2, 2026
ListedActive
$424,999
23 hours on market
history photo preview32
Listing by itso®
Property listed by Royal Lepage Crown Realty Services, Brokerage
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Market Data - Central Park

Geo Zone Map ThumbnailCentral Park

Strong Seller's Market

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Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

0 day

2024

0 day

2023

0 day

New Listings

Past 30 days

0 listing

Compared to

2025

3 listings

2024

1 listing

2023

2 listings

Units sold

Past 30 days

0 unit

Compared to

2025

0 unit

2024

0 unit

2023

0 unit

Median Sold Price

Past 30 days

$0

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